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Conditional Sales Contract
1. Parties: Identification of the seller and buyer with full legal names, registration numbers, and addresses
2. Background: Context of the sale and brief description of the transaction structure as a conditional sale
3. Definitions: Key terms used throughout the agreement, including 'Goods', 'Purchase Price', 'Transfer Date', etc.
4. Sale and Purchase: Description of the goods being sold and basic terms of the conditional sale
5. Purchase Price: Total purchase price, payment schedule, and payment methods
6. Retention of Title: Clear statement that ownership remains with seller until full payment, including conditions for ownership transfer
7. Delivery and Risk: Terms of delivery, transfer of risk, and inspection rights
8. Payment Terms: Detailed payment schedule, interest rates, and consequences of late payment
9. Buyer's Obligations: Maintenance requirements, insurance obligations, and restrictions on use or resale
10. Default and Remedies: Events of default, remedies including repossession rights, and enforcement procedures
11. Representations and Warranties: Standard warranties about the goods and representations by both parties
12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
1. Insurance: Detailed insurance requirements when the goods are of high value or specific insurance is needed
2. Security: Additional security arrangements if required beyond retention of title
3. Third Party Rights: Required when there are third party interests or potential claims to be addressed
4. Export Controls: Necessary for goods subject to export control regulations
5. Maintenance and Service: Include when ongoing maintenance or service is part of the agreement
6. Consumer Protection Provisions: Required when the buyer is a consumer rather than a business
7. Assignment: Include when either party needs the right to assign the contract
8. Force Majeure: Optional but recommended for high-value goods or long-term payment plans
1. Schedule 1 - Description of Goods: Detailed technical specifications and description of the goods
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
3. Schedule 3 - Delivery Terms: Specific delivery requirements, timing, and locations
4. Schedule 4 - Maintenance Requirements: Required maintenance procedures and schedules if applicable
5. Appendix A - Condition Report: Initial condition report of goods at time of delivery
6. Appendix B - Insurance Requirements: Detailed insurance specifications if required
7. Appendix C - Form of Transfer of Ownership: Template document for final transfer of ownership upon completion of payments
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