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Agreement For Purchase Of Goods
"I need an Agreement for Purchase of Goods under Indonesian law for a manufacturing company buying industrial machinery worth $500,000 from a Chinese supplier, with monthly deliveries starting from March 2025 and including warranty terms for 24 months."
1. Parties: Identification and details of the buyer and seller, including registration numbers and addresses
2. Background: Context of the agreement and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core agreement for the sale and purchase of goods, including quantity and description
5. Price and Payment: Purchase price, payment terms, method of payment, and invoicing requirements
6. Delivery: Delivery terms, timeline, location, and logistics arrangements
7. Title and Risk: Transfer of ownership and risk in the goods
8. Quality and Inspection: Quality standards, inspection procedures, and acceptance criteria
9. Warranties and Representations: Warranties regarding the goods and general representations by both parties
10. Term and Termination: Duration of agreement and circumstances for termination
11. Force Majeure: Events beyond reasonable control and their consequences
12. Confidentiality: Protection of confidential information exchanged during the transaction
13. Governing Law: Specification of Indonesian law as governing law
14. Dispute Resolution: Process for resolving disputes, including jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Insurance: Insurance requirements for goods in transit - include for high-value goods or international shipments
2. Intellectual Property: IP rights and licenses - include when goods involve branded products or technical specifications
3. Compliance with Laws: Specific regulatory compliance obligations - include for regulated products or cross-border transactions
4. After-Sales Support: Maintenance and support obligations - include for technical or complex products
5. Change Control: Process for managing changes to specifications - include for custom-made goods or long-term supply
6. Security Interest: Security arrangements for payment - include for high-value transactions or credit terms
7. Import/Export: Import/export requirements - include for international transactions
8. Limitation of Liability: Caps on liability - include for high-risk transactions
1. Schedule 1 - Goods Specification: Detailed technical specifications of the goods
2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume discounts or price adjustment mechanisms
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations
4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures
5. Schedule 5 - Warranty Terms: Detailed warranty terms and claims procedures
6. Appendix A - Form of Purchase Order: Standard form for placing orders under the agreement
7. Appendix B - Acceptance Certificate: Form for confirming acceptance of delivered goods
Authors
Manufacturing
Retail
Wholesale Trade
Consumer Goods
Industrial Equipment
Electronics
Automotive
Food and Beverage
Textiles
Construction Materials
Chemical Products
Agricultural Products
Medical Supplies
Technology Hardware
Raw Materials
Procurement
Legal
Supply Chain
Commercial
Operations
Finance
Compliance
Quality Assurance
Sales
Business Development
Contract Administration
Import/Export
Procurement Manager
Supply Chain Manager
Legal Counsel
Commercial Director
Purchasing Officer
Contract Administrator
Operations Manager
Business Development Manager
Sales Manager
Compliance Officer
Finance Manager
Import/Export Manager
Quality Assurance Manager
General Manager
Chief Operating Officer
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