Document background
The Master Sale Agreement is a fundamental commercial contract used when parties anticipate an ongoing business relationship involving multiple sales transactions over time. This document, governed by Belgian law, establishes the overarching framework that will govern all future sales between the parties, eliminating the need to negotiate basic terms for each individual transaction. It typically includes provisions for ordering procedures, pricing mechanisms, delivery terms, quality standards, warranties, and risk allocation, while ensuring compliance with Belgian commercial law and relevant EU regulations. The agreement is particularly useful for businesses engaged in regular trading relationships, providing certainty and efficiency while maintaining flexibility through supplementary purchase orders or transaction-specific documents.
