The Equipment Sales Agreement is a vital commercial contract used for documenting the sale and purchase of equipment in Hong Kong. It is particularly relevant when businesses need to acquire significant equipment, machinery, or technical installations. The agreement encompasses essential elements required under Hong Kong law, including detailed equipment specifications, pricing structures, delivery terms, warranty provisions, and risk allocation between parties. This document type is crucial for protecting both sellers' and buyers' interests in equipment transactions, ensuring compliance with Hong Kong's Sale of Goods Ordinance and related commercial laws. It's commonly used in manufacturing, industrial, and technology sectors where substantial equipment purchases are routine, and can be adapted for both domestic and international transactions involving Hong Kong entities.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of seller and buyer with full legal names and registered 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: General description of the equipment being sold, referring to detailed specifications in schedule
5. Price and Payment: Purchase price, payment terms, payment method, and any applicable taxes
6. Delivery and Installation: Delivery terms, timing, location, and responsibility for installation if applicable
7. Title and Risk: Transfer of ownership and risk in the equipment
8. Warranties: Warranties regarding equipment quality, performance, and fitness for purpose
9. Liability and Indemnity: Limitations of liability and indemnification provisions
10. Force Majeure: Circumstances excusing performance and consequences
11. Termination: Grounds for termination and consequences of termination
12. Governing Law and Jurisdiction: Hong Kong law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments
1. Acceptance Testing: Include when equipment requires testing before acceptance
2. Training: Include when seller must provide training on equipment operation
3. Maintenance and Support: Include when ongoing maintenance or support is part of the sale
4. Intellectual Property: Include when equipment involves software or proprietary technology
5. Export Controls: Include when equipment is subject to export control regulations
6. Insurance: Include when specific insurance requirements apply during transit or installation
7. Confidentiality: Include when parties will exchange confidential information
8. Bank Guarantee: Include when payment security is required
1. Equipment Specifications: Detailed technical specifications of the equipment
2. Price List: Detailed breakdown of prices including any optional components
3. Delivery Schedule: Detailed timeline for delivery and installation milestones
4. Acceptance Test Procedures: Detailed procedures for testing and accepting the equipment
5. Warranty Terms: Detailed warranty terms, conditions, and procedures
6. Maintenance Services: Detailed description of any maintenance services included
7. Training Program: Detailed description of training to be provided
8. Form of Bank Guarantee: Standard form for any required bank guarantee
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Industrial Equipment
Technology
Healthcare
Construction
Automotive
Aerospace
Electronics
Food Processing
Pharmaceutical
Mining
Energy
Telecommunications
Agriculture
Logistics
Relevant Teams
Legal
Procurement
Operations
Finance
Sales
Technical
Engineering
Compliance
Risk Management
Project Management
Supply Chain
Business Development
Relevant Roles
Procurement Manager
Supply Chain Director
Chief Operating Officer
Operations Manager
Legal Counsel
Contract Manager
Technical Director
Chief Financial Officer
Sales Director
Business Development Manager
Equipment Engineer
Facilities Manager
Risk Manager
Compliance Officer
Project Manager
Find the exact document you need
OLA Service Level Agreement
A Hong Kong law-governed service level agreement defining performance standards and metrics for Ola's ride-hailing services.
find out more
Nda (Technology)
Hong Kong law-governed NDA designed for protecting technical and technological confidential information, suitable for both established companies and startups.
find out more
General Risk Assessment Form
A structured workplace safety assessment tool compliant with Hong Kong's occupational safety regulations, used for identifying and managing workplace risks.
find out more
Overloan Agreement
A Hong Kong law-governed agreement establishing terms for extending credit beyond existing facility limits, including repayment terms and security arrangements.
find out more
Critical SLA
A Hong Kong law-governed Critical Service Level Agreement defining essential service commitments and performance standards for mission-critical services.
find out more
Securities Purchase Agreement
A Hong Kong law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations.
find out more
Personal Data Processing Agreement
Hong Kong law-governed agreement setting out terms for processing personal data, ensuring PDPO compliance and data protection safeguards.
find out more
Third Party Risk Assessment
A risk assessment framework for third-party relationships compliant with Hong Kong regulations and international standards.
find out more
Stock Photo License
A Hong Kong law-governed agreement for licensing and using stock photographs, establishing usage rights, restrictions, and fees.
find out more
Share Sale Deed
A Hong Kong law-governed deed for the sale and transfer of shares between parties, detailing all terms and conditions of the transaction.
find out more
Personal Loan Repayment Agreement
A Hong Kong law-governed agreement setting out terms and conditions for personal loan repayment, including loan amount, interest, and repayment schedule.
find out more
Third Party Payment Contract
A Hong Kong-governed agreement establishing terms for third-party payment processing arrangements, including regulatory compliance and operational procedures.
find out more
Convertible Note Contract
A Hong Kong law-governed agreement documenting terms of a debt investment that can convert into company equity, typically used in startup funding rounds.
find out more
Business Sales Agreement Form
A Hong Kong law-governed agreement establishing terms for business-to-business sales transactions.
find out more
Model Form Contract
A standardized contract template governed by Hong Kong law, designed for commercial relationships and adaptable to various business arrangements.
find out more
Global Collateral Account Control Agreement
A Hong Kong law-governed agreement establishing control rights over global collateral accounts, defining the relationships between account holder, secured party, and account bank.
find out more
Deposit On Purchase Agreement
A Hong Kong law-governed agreement that establishes terms for property purchase deposits, including payment conditions, forfeiture rules, and completion requirements.
find out more
Security Logging Policy
An internal policy document establishing system logging requirements and procedures compliant with Hong Kong regulations and cybersecurity guidelines.
find out more
Platform SLA
A Hong Kong law-governed Service Level Agreement defining performance standards and operational commitments for platform services.
find out more
Pledge Note
A Hong Kong law-governed security document creating a pledge over specified assets to secure underlying obligations.
find out more
Real Estate Sales Contract For Sale By Owner
A Hong Kong law-governed real estate sales contract for direct property transactions between owners and buyers, without agent involvement.
find out more
Collateral Account Control Agreement
A Hong Kong law agreement establishing control over a deposit account as collateral security, between an account holder, secured party, and deposit bank.
find out more
Collateral Account Agreement
A Hong Kong law-governed agreement establishing security over a bank account and its contents, detailing account control and enforcement rights.
find out more
Security Service Termination Letter
A formal notice under Hong Kong law to terminate security service arrangements between a provider and client, including termination terms and transition requirements.
find out more
Convertible Bond Subscription Agreement
A Hong Kong law-governed agreement setting out terms for investing in convertible bonds, including subscription details and conversion rights.
find out more
Key Employee Agreement
Hong Kong-governed employment agreement for senior executives and key employees, including comprehensive terms and protections for both parties.
find out more
Bank Account Pledge Agreement
A Hong Kong law-governed agreement creating security over bank accounts in favor of a lender/security agent to secure financial obligations.
find out more
Collateral Management Agreement
A Hong Kong law-governed agreement establishing terms for managing collateral arrangements between financial institutions, including custody, valuation, and enforcement rights.
find out more
Convertible Notes Agreement
A Hong Kong law-governed agreement establishing terms for a debt investment that can convert into company equity, including conversion mechanisms and investor protections.
find out more
Convertible Agreement Regarding Equity
A Hong Kong law-governed agreement providing investors with rights to future equity in startups, typically used for early-stage funding.
find out more
Intercompany Trademark License Agreement
A Hong Kong law-governed agreement for licensing trademarks between companies within the same corporate group, establishing usage terms and compliance requirements.
find out more
Informal Rental Agreement
A simplified residential rental agreement template compliant with Hong Kong law, designed for straightforward property rental arrangements.
find out more
Debenture Loan Agreement
A Hong Kong law-governed agreement combining loan provisions with security arrangements over company assets, creating fixed and floating charges to secure the borrower's obligations.
find out more
Convertible Debenture Agreement
A Hong Kong law-governed agreement establishing a debt instrument that can be converted into company shares, detailing loan terms and conversion mechanisms.
find out more
Collateral Security Agreement
A Hong Kong law-governed agreement creating security interests over specified collateral to secure defined obligations, including enforcement and perfection mechanisms.
find out more
Commercial Photography Contract
A Hong Kong-governed contract establishing terms and conditions for commercial photography services, including usage rights and deliverables.
find out more
Promissory Note And Deed Of Trust
A Hong Kong law-governed instrument combining a promissory note with trust arrangements to secure debt obligations and manage associated assets.
find out more
Credit And Collection Letter
A formal payment demand document used in Hong Kong to request settlement of outstanding debts, compliant with local financial and privacy regulations.
find out more
Contract Of Sale Of Motor Vehicle
A Hong Kong-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions under local law.
find out more
Collateral Sharing Agreement
A Hong Kong law-governed agreement establishing arrangements between multiple creditors for sharing and managing common security interests and collateral.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)