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Equipment Sale Contract
1. Parties: Identification of seller and buyer with full legal names, registration numbers, and addresses
2. Background: Context of the sale and brief description of the parties' business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Equipment Description: Brief description of the equipment being sold, with reference to detailed specifications in schedules
5. Purchase Price and Payment Terms: Price, currency, payment schedule, and payment method
6. Delivery and Transfer of Risk: Delivery terms, location, timeline, and point of risk transfer (using Incoterms where applicable)
7. Title and Ownership: Transfer of title and any retention of title provisions
8. Warranties and Representations: Seller's warranties regarding equipment quality, performance, and compliance with regulations
9. Inspection and Acceptance: Procedures for equipment inspection and acceptance criteria
10. Documentation: Required documentation including manuals, certificates, and technical specifications
11. Liability and Indemnification: Scope of liability, limitations, and indemnification obligations
12. Force Majeure: Events constituting force majeure and consequences
13. Governing Law and Jurisdiction: Confirmation of Danish law and jurisdiction for disputes
14. Notices: Method and addresses for formal communications
15. Execution: Signature blocks and execution requirements
1. Installation and Commissioning: Include when seller is responsible for installation or commissioning of equipment
2. Training: Include when seller must provide training to buyer's personnel
3. Maintenance and Support: Include when ongoing maintenance or support is part of the sale
4. Intellectual Property Rights: Include when equipment involves significant IP rights or software
5. Export Control: Include when equipment is subject to export control regulations
6. Insurance: Include when specific insurance requirements are needed beyond standard coverage
7. Bank Guarantee or Performance Bond: Include when security for performance is required
8. Confidentiality: Include when sensitive technical or commercial information is involved
9. Spare Parts: Include when specific arrangements for spare parts supply are needed
10. Environmental Compliance: Include when equipment has specific environmental requirements or implications
1. Technical Specifications: Detailed technical specifications of the equipment
2. Price Breakdown: Detailed breakdown of the purchase price including any additional charges
3. Delivery Schedule: Detailed timeline for delivery and any milestone dates
4. Acceptance Test Procedures: Detailed procedures for testing and accepting the equipment
5. Warranty Terms: Detailed warranty terms, conditions, and procedures
6. Required Documentation: List of all required technical and regulatory documentation
7. Maintenance Schedule: Recommended maintenance schedule and procedures
8. Spare Parts List: List of recommended spare parts and their prices
9. Training Program: Details of any training to be provided
10. Compliance Certificates: Copies of relevant compliance certificates and declarations
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