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Private Sales Agreement
"I need a Private Sales Agreement under Indonesian law for the sale of industrial manufacturing equipment from PT. Sentosa Manufacturing to PT. Maju Industries, with delivery scheduled for March 2025, including specific warranty terms and maintenance provisions."
1. Parties: Full identification of seller and buyer, including complete legal names, addresses, and any registration numbers for businesses
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 the goods or property being sold, including quantity, specifications, and condition
5. Purchase Price: The agreed price, payment terms, method of payment, and payment schedule
6. Delivery Terms: Timing, location, and method of delivery, including risk transfer points
7. Warranties and Representations: Seller's warranties regarding the goods and both parties' standard representations
8. Rights and Obligations: Detailed responsibilities of both parties before, during, and after the sale
9. Risk and Title: When and how title transfers, and allocation of risk
10. Default and Remedies: What constitutes default and available remedies for both parties
11. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction
12. Dispute Resolution: Process for resolving disputes, including choice of forum
13. Notices: How formal communications between parties should be made
14. Execution: Signature blocks and execution requirements
1. Condition Precedents: Conditions that must be met before the sale becomes effective, used when specific requirements must be fulfilled before closing
2. Inspection Rights: Buyer's rights to inspect goods before acceptance, important for complex or high-value goods
3. Insurance: Insurance requirements during transit or storage, relevant for high-value items or long delivery periods
4. Confidentiality: Provisions for keeping transaction details private, important for business-to-business sales
5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in current global conditions
6. Assignment: Rights to assign the agreement to other parties, important in business contexts
7. Intellectual Property: IP rights provisions, necessary when the sale involves branded goods or technology
8. After-Sales Service: Terms for maintenance or support after sale, relevant for technical equipment or complex products
1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable
3. Schedule 3 - Delivery Schedule: Detailed delivery timeline and logistics information
4. Schedule 4 - Warranty Terms: Detailed warranty conditions and procedures
5. Appendix A - Product Images: Visual documentation of the goods being sold
6. Appendix B - Required Certifications: Copies of relevant certifications or permits
7. Appendix C - Quality Standards: Applicable quality standards and testing criteria
Authors
Retail
Manufacturing
Real Estate
Consumer Goods
Technology
Automotive
Agriculture
Mining
Construction
Industrial Equipment
Fashion and Apparel
Electronics
Food and Beverage
Professional Services
Legal
Sales
Procurement
Commercial
Operations
Compliance
Supply Chain
Business Development
Contract Administration
Risk Management
Legal Counsel
Contract Manager
Sales Manager
Procurement Manager
Business Development Manager
Commercial Director
Chief Legal Officer
Compliance Officer
Operations Manager
General Manager
CEO
Managing Director
Supply Chain Manager
Purchasing Officer
Sales Director
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