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Horse Sale Contract With Payments
1. Parties: Identification of the seller and buyer with full legal names, addresses, and registration numbers if applicable
2. Background: Brief context of the sale and the parties' intention to enter into the agreement
3. Definitions: Key terms used throughout the agreement defined for clarity
4. Horse Details: Comprehensive description of the horse including name, registration number, breed, color, age, sex, markings, and any unique identifiers
5. Purchase Price and Payment Terms: Total purchase price, payment schedule, payment methods, and consequences of default
6. Transfer of Ownership: Conditions and timing for the transfer of ownership, including registration requirements
7. Seller's Representations and Warranties: Seller's guarantees regarding the horse's health, ownership, and disclosed conditions
8. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the horse's condition
9. Risk and Insurance: Transfer of risk and insurance requirements during the payment period
10. Default and Remedies: Consequences of payment default and available remedies
11. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Training and Maintenance During Payment Period: Used when the horse remains at the seller's facility during the payment period
2. Competition Restrictions: Include when there are restrictions on competing with the horse during the payment period
3. Breeding Rights: Required when breeding rights are being retained or specifically granted during the payment period
4. Security Interest: Include when the seller maintains a security interest in the horse until full payment
5. Export Restrictions: Used when there are restrictions on moving the horse outside Denmark
6. Pre-existing Medical Conditions: Include when there are known medical conditions that need to be disclosed
7. Right of First Refusal: Optional clause giving the seller first right to purchase if the buyer decides to sell
1. Schedule A - Payment Schedule: Detailed breakdown of payment amounts and due dates
2. Schedule B - Veterinary Examination Report: Recent veterinary examination results and health certificates
3. Schedule C - Registration Documents: Copies of breeding papers, passport, and registration certificates
4. Schedule D - Insurance Requirements: Specific insurance requirements and minimum coverage details
5. Schedule E - Photographs and Identification: Recent photographs and detailed markings diagram
6. Appendix 1 - Care Instructions: Specific care requirements or restrictions during the payment period
7. Appendix 2 - Competition History: Record of the horse's competition history and achievements
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