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Amendment To Purchase Agreement
"I need an Amendment to Purchase Agreement for modifying the delivery schedule and increasing the purchase price by 15% for our industrial equipment supply contract with Al Jabr Trading LLC, with the changes to take effect from March 1, 2025."
1. Parties: Full legal names and addresses of all parties to the original purchase agreement
2. Background: Reference to the original purchase agreement including date, parties, and subject matter, and brief explanation of why amendment is needed
3. Definitions: Key terms used in the amendment, including reference to definitions in original agreement that remain applicable
4. Amendment Details: Specific modifications to the original agreement, clearly stating what is being changed, added, or removed
5. Effect on Original Agreement: Statement confirming which provisions of original agreement remain in force and which are superseded
6. Reaffirmation: Confirmation that all other terms and conditions of the original agreement remain in full force and effect
7. Governing Law: Confirmation of UAE law as governing law and any specific emirate jurisdiction
8. Execution: Signature blocks for all parties, including date and place of signing
1. Consideration: Required if amendment involves any change in payment terms or new consideration
2. Conditions Precedent: Include if amendment is conditional on certain events or approvals
3. Registration Requirements: Include if amendment requires registration with any UAE authorities
4. Third Party Consents: Required if amendment needs approval from parties not signing the amendment
5. Effective Date: Include if amendment effective date differs from signing date
6. Representations and Warranties: Include if parties need to make new representations regarding the amendment
1. Schedule of Amendments: Detailed list of specific changes to original agreement, especially useful for complex modifications
2. Revised Price Schedule: If amendment involves price changes, detailed breakdown of new pricing
3. Amended Specifications: If amendment involves changes to product/service specifications
4. Comparison Schedule: Side-by-side comparison of original and amended terms
5. Required Approvals: List of necessary regulatory or third-party approvals needed
6. Power of Attorney: If signatories are acting under power of attorney, attach authenticated POA as required under UAE law
Authors
Real Estate
Manufacturing
Retail
Technology
Energy
Construction
Healthcare
Automotive
Telecommunications
Industrial Equipment
Consumer Goods
Professional Services
Legal
Procurement
Finance
Commercial
Operations
Compliance
Supply Chain
Project Management
Business Development
Risk Management
Legal Counsel
Procurement Manager
Commercial Director
Contract Administrator
Chief Financial Officer
Business Development Manager
Operations Director
Compliance Officer
Supply Chain Manager
Project Manager
General Manager
Chief Executive Officer
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