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The Equipment Purchase Agreement is a vital commercial document used when one party intends to purchase equipment from another party under Swiss law. This agreement is essential for significant equipment acquisitions across various industries, providing a legally binding framework that protects both buyers' and sellers' interests. It incorporates requirements from the Swiss Code of Obligations and federal product safety regulations, making it suitable for domestic and international transactions involving Swiss parties or choosing Swiss law as the governing law. The document typically includes detailed specifications, pricing structures, delivery terms, warranty provisions, and compliance requirements, making it particularly important for high-value equipment purchases or complex industrial transactions. It serves as a comprehensive record of the parties' obligations and rights, including technical requirements, acceptance testing, and after-sale support.

1. Parties: Identification and details of the seller and purchaser, including full legal names, 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. Equipment Description: Detailed description of the equipment being purchased, including quantity and specifications

5. Purchase Price and Payment Terms: Price, payment schedule, method of payment, and any applicable taxes

6. Delivery and Installation: Terms regarding delivery, timeline, installation requirements, and acceptance testing

7. Title and Risk: Transfer of ownership and risk in the equipment

8. Warranties and Representations: Warranties regarding equipment quality, performance, and compliance with Swiss regulations

9. Inspection and Testing: Procedures for equipment inspection and testing before acceptance

10. Intellectual Property Rights: Rights related to any embedded software or technology in the equipment

11. Limitation of Liability: Limitations on liability in accordance with Swiss law

12. Force Majeure: Provisions for unforeseen circumstances preventing performance

13. Term and Termination: Duration of the agreement and grounds for termination

14. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

15. Notices: Process for formal communications between parties

16. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability