Document background
The Master Sales Agreement is a crucial commercial document used to establish a long-term framework for recurring sales transactions between business parties. It is particularly relevant when parties anticipate an ongoing business relationship involving multiple transactions over time, rather than a one-off sale. This version is specifically designed to comply with Belgian law, incorporating requirements from both the Belgian Civil Code and relevant EU regulations. The agreement typically includes comprehensive terms covering ordering procedures, delivery requirements, pricing mechanisms, quality standards, warranty provisions, and risk allocation. It serves as the primary agreement governing the commercial relationship, with individual transactions being executed through purchase orders or similar documents that incorporate these master terms by reference. The Master Sales Agreement is especially useful in complex commercial relationships where standardization of terms across multiple transactions is desired, while maintaining flexibility for transaction-specific details.
