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1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and registration numbers if companies
2. Background: Context of the sale, including brief description of the goods/property being sold and the parties' intention to enter into this agreement
3. Definitions: Key terms used throughout the agreement defined for clarity and consistency
4. Sale and Purchase: Core terms of the sale including the specific description of goods/property being sold
5. Purchase Price: The agreed price, payment terms, method of payment, and payment schedule if applicable
6. Delivery Terms: Specifications for delivery including timing, location, and responsibility for delivery costs
7. Title and Risk: When and how title passes to the buyer, and allocation of risk during transit
8. Warranties and Representations: Seller's warranties regarding the goods/property and general warranties from both parties
9. Inspection and Acceptance: Buyer's rights to inspect goods and process for accepting or rejecting delivery
10. Termination: Circumstances under which the agreement can be terminated and consequences of termination
11. Governing Law: Specification that Nigerian law governs the agreement
12. Dispute Resolution: Process for resolving disputes between parties
13. General Provisions: Standard boilerplate clauses including notices, entire agreement, and severability
1. Conditions Precedent: Used when the sale is conditional upon certain events or actions occurring before completion
2. Quality Standards: Included when specific quality requirements or standards must be met for the goods
3. Insurance: Required when specific insurance arrangements need to be maintained by either party
4. Intellectual Property: Necessary when the sale involves products with associated intellectual property rights
5. Confidentiality: Important when sensitive information will be exchanged during the transaction
6. Force Majeure: Optional clause dealing with circumstances beyond parties' control
7. Assignment: Include when parties need to specify whether rights under the agreement can be transferred
8. Agency and Partnership: Required when clarifying that no agency or partnership is created by the agreement
1. Schedule 1 - Description of Goods: Detailed technical specifications or description of the goods being sold
2. Schedule 2 - Payment Schedule: If payment is in installments, detailed breakdown of payment amounts and dates
3. Schedule 3 - Delivery Schedule: If multiple deliveries, detailed timeline and requirements for each delivery
4. Appendix A - Quality Standards: Specific quality requirements, testing procedures, or certification requirements
5. Appendix B - Form of Acceptance Certificate: Template for formal acceptance of goods by the buyer
6. Appendix C - Warranty Terms: Detailed warranty terms and conditions if extensive
Retail
Manufacturing
Agriculture
Real Estate
Consumer Goods
Industrial Equipment
Automotive
Technology
Construction
Energy
Mining
Telecommunications
Legal
Commercial
Procurement
Sales
Finance
Operations
Compliance
Risk Management
Business Development
Corporate Affairs
Legal Counsel
Commercial Director
Procurement Manager
Sales Manager
Contract Administrator
Business Development Manager
Chief Financial Officer
Operations Manager
Compliance Officer
Risk Manager
General Manager
Managing Director
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