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Simple Agreement Of Sale
"I need a Simple Agreement of Sale under Dutch law for selling manufacturing equipment worth €50,000 to a German company, with delivery scheduled for March 2025 and payment in two installments."
1. Parties: Identification and details of the seller and buyer, including registration numbers for companies
2. Background: Brief context of the sale and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Subject of Sale: Clear description of the goods or assets being sold
5. Purchase Price: The agreed price, payment terms, and payment method
6. Delivery: Delivery terms, timing, and location
7. Transfer of Ownership and Risk: When and how ownership and risk transfer to the buyer
8. Warranties: Basic warranties regarding ownership and condition of goods
9. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction
10. Signatures: Execution blocks for parties
1. VAT and Tax Provisions: Required when the sale is subject to VAT or specific tax considerations
2. Inspection and Acceptance: Used when the buyer needs to inspect goods before accepting delivery
3. Insurance: Included when specific insurance requirements apply during transit or transfer
4. Intellectual Property: Required when the sale includes or affects IP rights
5. Confidentiality: Added when sensitive information is shared during the sale process
6. Force Majeure: Optional clause for handling unforeseen circumstances affecting performance
7. Assignment: Include when transfer of rights needs to be restricted or permitted
1. Schedule 1 - Description of Goods: Detailed specification of the goods or assets being sold
2. Schedule 2 - Price Breakdown: Itemized list of prices if multiple items or components are involved
3. Schedule 3 - Delivery Schedule: Required for multiple deliveries or complex delivery arrangements
4. Appendix A - Condition Report: When selling used goods, documents their condition at time of sale
Authors
Retail
Manufacturing
Wholesale
Technology
Professional Services
Agriculture
Construction
Automotive
Consumer Goods
Industrial Equipment
Real Estate
E-commerce
Legal
Procurement
Sales
Commercial
Operations
Compliance
Risk Management
Finance
Supply Chain
Contract Administration
Business Development
Legal Counsel
Contract Manager
Procurement Manager
Sales Manager
Business Development Manager
Commercial Director
Operations Manager
General Manager
Compliance Officer
Risk Manager
Corporate Secretary
Finance Manager
Supply Chain Manager
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