Purchase And Sale Agreement Template for South Africa

1. Due Diligence: Used when the purchase is subject to a due diligence investigation period

2. Conditions Precedent: Required when the sale is subject to fulfillment of specific conditions

3. VAT: Necessary when the transaction is subject to Value Added Tax

4. Intellectual Property: Required when the sale includes transfer of intellectual property rights

5. Employee Matters: Necessary when the sale involves transfer of employees or labor-related considerations

6. Competition Law Compliance: Required for large transactions that may have competition law implications

7. Environmental Matters: Needed when the subject matter involves environmental considerations or compliance

8. Third Party Consents: Required when the transaction needs approval from external parties

1. Schedule 1: Description of Subject Matter: Detailed description of the asset(s) being sold

2. Schedule 2: Purchase Price Calculation: Detailed breakdown of the purchase price and payment terms

3. Schedule 3: Warranties: Comprehensive list of specific warranties given by the seller

4. Schedule 4: Excluded Assets/Liabilities: List of items specifically excluded from the sale

5. Schedule 5: Required Consents: List of third-party consents required for the transaction

6. Appendix A: Due Diligence Findings: Summary of due diligence investigation results if applicable

7. Appendix B: Compliance Certificates: Copies of relevant compliance certificates and permits

8. Appendix C: Transfer Documents: Forms and documents required for transfer of ownership