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1. Parties: Identification and details of buyer and seller
2. Background/Recitals: Context of the transaction and key assumptions
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms and asset description
5. Purchase Price and Payment Terms: Price, installment schedule, payment mechanics
6. Transfer of Title: When and how title passes to buyer
7. Seller's Warranties: Standard warranties about assets and seller's capacity
8. Default and Remedies: Consequences of payment default and available remedies
9. Governing Law and Jurisdiction: Choice of law and dispute resolution
1. Security Arrangements: Additional security provisions for installment payments, used in high-value transactions or where buyer credit risk is significant
2. Tax Provisions: Specific tax treatment and allocations, included when complex tax implications are present
3. Insurance: Requirements for asset insurance during payment period, included when valuable physical assets are involved
4. Assignment: Rights to transfer obligations, included when assignment rights are important to parties
1. Asset Schedule: Detailed description of assets being purchased
2. Payment Schedule: Detailed installment payment dates and amounts
3. Form of Security: Template security documents if applicable
4. Condition Report: Current state of assets if physical goods
5. Required Consents: List of third-party approvals needed
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