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For Sale Agreement
"I need a For Sale Agreement under Indonesian law for my textile manufacturing company to sell industrial sewing equipment to a buyer in Malaysia, with delivery scheduled for March 2025 and including warranty provisions."
1. Parties: Identification of seller and buyer with complete legal names and addresses
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Object of Sale: Detailed description of goods/property being sold
5. Purchase Price: Agreed price and payment terms
6. Delivery Terms: Timing, method, and location of delivery
7. Transfer of Title: Conditions and timing of ownership transfer
8. Representations and Warranties: Basic warranties about ownership and condition of goods
9. Rights and Obligations: Core responsibilities of both parties
10. Default and Remedies: Consequences of breach and available remedies
11. Governing Law: Confirmation of Indonesian law application
12. Dispute Resolution: Process for resolving disputes
13. Notices: How formal communications should be made
14. Entire Agreement: Integration clause and relationship to other documents
15. Execution: Signature blocks and execution requirements
1. Conditions Precedent: Required when sale is subject to specific conditions being met before completion
2. Installment Payment Terms: Include when payment is to be made in installments
3. Quality Inspection: For goods requiring quality verification before acceptance
4. Extended Warranty: When additional warranty terms are offered beyond basic warranties
5. Insurance: When specific insurance requirements apply during transit or transfer
6. Intellectual Property: If sale includes IP rights or licenses
7. Confidentiality: When transaction involves sensitive information
8. Force Majeure: When needed to address potential extraordinary circumstances
9. Assignment: If rights under agreement may be transferred to third parties
10. Tax Provisions: When special tax considerations apply to the transaction
1. Schedule 1 - Specification of Goods: Detailed technical specifications or inventory list
2. Schedule 2 - Payment Schedule: Detailed payment terms and installment dates if applicable
3. Schedule 3 - Delivery Schedule: Detailed delivery timeline and logistics
4. Schedule 4 - Condition Report: Current condition of goods being sold
5. Schedule 5 - Required Documents: List of documents needed for transfer
6. Appendix A - Warranty Terms: Detailed warranty conditions and procedures
7. Appendix B - Quality Standards: Applicable quality standards and testing procedures
8. Appendix C - Permits and Licenses: Copies of relevant permits and licenses
Authors
Retail
Manufacturing
Real Estate
Agriculture
Mining
Consumer Goods
Automotive
Technology
Industrial Equipment
Construction
Textiles
Food and Beverage
Electronics
Commodities
Export-Import
Legal
Commercial
Procurement
Sales
Operations
Finance
Risk Management
Compliance
Business Development
Supply Chain
Asset Management
Property Management
Trade Finance
Legal Counsel
Commercial Director
Procurement Manager
Sales Manager
Contract Administrator
Business Development Manager
Operations Manager
Chief Financial Officer
Risk Manager
Compliance Officer
General Manager
Supply Chain Manager
Asset Manager
Property Manager
Trade Finance Manager
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