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Contract Of Sale And Agreement To Sell Template for Austria

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Key Requirements PROMPT example:

Contract Of Sale And Agreement To Sell

"I need a Contract of Sale and Agreement to Sell under Austrian law for selling industrial manufacturing equipment worth 鈧500,000 to a domestic buyer, with installation and training services included, to be delivered by March 2025."

Document background
The Contract of Sale and Agreement to Sell is a fundamental commercial document used in Austrian business transactions for the transfer of goods or assets. This document type is essential when parties wish to formalize both an immediate sale and future sale arrangements, structured in compliance with Austrian Civil Code (ABGB) and Commercial Code (UGB) requirements. It is particularly valuable when the transaction involves significant value, complex delivery arrangements, or specific quality requirements. The contract includes detailed provisions on price, payment terms, delivery conditions, warranties, and risk transfer, making it suitable for both straightforward sales and more complex commercial arrangements. The document serves both as an agreement to sell (future sale) and a contract of sale (immediate sale), providing flexibility for various commercial scenarios while ensuring legal certainty under Austrian jurisdiction.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full legal names, registration numbers (if companies), and addresses

2. Background: Context of the sale, brief description of the goods, and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Object of Sale: Detailed description of the goods being sold, including quantity, quality, and specifications

5. Purchase Price: The agreed purchase price, currency, and any applicable VAT or other taxes

6. Payment Terms: Payment schedule, method of payment, and any conditions related to payment

7. Delivery: Delivery terms, timing, location, and transfer of risk according to Austrian law

8. Transfer of Title: Conditions and timing for the transfer of ownership

9. Warranties and Representations: Warranties provided by the seller regarding the goods and any representations made by both parties

10. Inspection and Acceptance: Terms for inspection of goods and acceptance procedures

11. Default and Remedies: Consequences of breach and available remedies under Austrian law

12. Force Majeure: Circumstances excusing performance and related procedures

13. Governing Law and Jurisdiction: Confirmation of Austrian law as governing law and jurisdiction for disputes

14. Notices: Process and addresses for formal communications between parties

15. Signature: Execution blocks for all parties

Optional Sections

1. Intellectual Property Rights: Required when the sale involves goods with associated intellectual property rights

2. Export/Import Requirements: Necessary for international sales involving customs and export/import regulations

3. Confidentiality: Important when sensitive information is exchanged during the transaction

4. Insurance: Required when specific insurance arrangements are needed for high-value goods

5. Quality Control: Important for manufacturing or industrial goods with specific quality requirements

6. Installation and Training: Necessary when the goods require installation or user training

7. Maintenance and After-Sales Service: Required for technical equipment or goods needing ongoing maintenance

8. Return Policy: Important for consumer contracts or when specific return rights are granted

Suggested Schedules

1. Schedule 1 - Specification of Goods: Detailed technical specifications, drawings, or descriptions of the goods

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments and timing

3. Schedule 3 - Delivery Schedule: Detailed timeline for delivery, especially for multiple deliveries

4. Schedule 4 - Warranty Terms: Detailed warranty conditions and procedures

5. Schedule 5 - Quality Standards: Specific quality requirements and testing procedures

6. Appendix A - Required Certificates: Copies of necessary certificates, permits, or licenses

7. Appendix B - Technical Documentation: User manuals, technical drawings, or other relevant documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































Clauses


































Relevant Industries

Manufacturing

Retail

Wholesale Trade

Industrial Equipment

Consumer Goods

Technology

Automotive

Agriculture

Construction

Energy

Raw Materials

Machinery

Electronics

Food and Beverage

Pharmaceuticals

Textiles

Relevant Teams

Legal

Procurement

Sales

Finance

Operations

Compliance

Risk Management

Quality Assurance

Supply Chain

Commercial

Business Development

Contract Administration

Export Control

Relevant Roles

Legal Counsel

Commercial Director

Procurement Manager

Sales Manager

Contract Administrator

Business Development Manager

Supply Chain Manager

Chief Financial Officer

Operations Director

Quality Assurance Manager

Compliance Officer

Risk Manager

General Counsel

Managing Director

Finance Manager

Export Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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