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Turbine Supply Agreement
1. Parties: Identification of the supplier and purchaser, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, including project overview and parties' objectives
3. Definitions: Detailed definitions of technical and legal terms used throughout the agreement
4. Scope of Supply: Detailed description of turbines, components, and associated equipment to be supplied
5. Price and Payment Terms: Contract price, payment schedule, invoicing procedures, and payment conditions
6. Delivery and Transfer of Risk: Delivery schedule, terms, conditions, and point of transfer of risk
7. Project Schedule: Key milestones, delivery dates, and completion requirements
8. Testing and Commissioning: Requirements and procedures for testing and commissioning of turbines
9. Performance Guarantees: Guaranteed performance parameters and remedies for non-achievement
10. Warranty: Warranty terms, duration, and scope of coverage
11. Intellectual Property Rights: IP ownership, licenses, and protections
12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations
13. Insurance: Required insurance coverage and terms
14. Force Majeure: Definition of force majeure events and consequences
15. Termination: Grounds for termination and consequences
16. Governing Law and Dispute Resolution: Applicable law and dispute resolution mechanisms
17. Miscellaneous: Standard boilerplate provisions including notices, amendments, and entire agreement
1. Transportation and Logistics: Detailed transportation requirements when supplier is responsible for logistics
2. Storage: Terms for temporary storage of components when required
3. Site Services: Additional services if supplier provides on-site support
4. Training: Training provisions when operator training is included in scope
5. Spare Parts: Terms for supply of spare parts if included in scope
6. Performance Bond: Requirements for performance security when required by purchaser
7. Parent Company Guarantee: Terms of parent company support when required
8. Export Control: Export control provisions for international transactions
9. Local Content Requirements: Local content obligations where required by law or project requirements
1. Technical Specifications: Detailed technical specifications of turbines and components
2. Scope of Supply Matrix: Detailed breakdown of supply responsibilities
3. Price Schedule: Detailed pricing breakdown and payment milestones
4. Project Schedule: Detailed timeline of delivery and implementation
5. Testing and Commissioning Procedures: Detailed procedures for testing and commissioning
6. Performance Testing Procedures: Procedures for performance testing and verification
7. Warranty Terms and Conditions: Detailed warranty terms, procedures, and exclusions
8. HSE Requirements: Health, safety, and environmental requirements
9. Quality Assurance Requirements: Quality control and assurance procedures
10. Form of Performance Bond: Template for performance security
11. Form of Parent Company Guarantee: Template for parent company guarantee
12. Site Access Requirements: Procedures and requirements for site access
13. Transportation and Storage Requirements: Detailed logistics and storage specifications
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