The Wholesale Agreement Contract is essential for businesses engaged in bulk trading of goods within England and Wales. It provides a comprehensive framework for managing wholesale relationships, ensuring legal compliance, and protecting both parties' interests. This contract type is particularly crucial when establishing ongoing supply arrangements, setting out clear terms for pricing, delivery, quality standards, and dispute resolution. It incorporates requirements from key legislation such as the Sale of Goods Act 1979 and Competition Act 1998, while allowing flexibility for specific commercial terms.
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1. Parties: Details of the wholesaler and buyer, including registered addresses and company numbers
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement
4. Supply Obligations: Core terms of supply, including quantities, specifications, and delivery terms
5. Pricing and Payment: Price structure, payment terms, and invoicing procedures
6. Quality and Compliance: Product standards, warranties, and compliance requirements
7. Term and Termination: Duration of agreement and termination provisions
8. General Provisions: Standard boilerplate clauses including governing law
1. Minimum Purchase Requirements: Used when specific purchase volumes are required for exclusive distribution arrangements
2. Territory Restrictions: Geographical limitations on sales for territory-specific distribution rights
3. Marketing Obligations: Requirements for promoting products when marketing cooperation is required
4. Data Protection: GDPR compliance provisions when personal data is processed
1. Product Schedule: Detailed list of products covered by the agreement
2. Price List: Comprehensive pricing structure and terms
3. Service Level Agreement: Specific performance metrics and standards
4. Quality Standards: Detailed quality specifications and testing procedures
5. Territory Map: Geographic areas covered by the agreement
Relevant legal definitions
Clauses
Relevant Industries
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