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A Forward Sale Agreement is a crucial commercial document used in Qatar for transactions involving future delivery of goods or commodities. This agreement type is particularly important in Qatar's business environment, where it must balance commercial practicality with compliance with both civil law and Sharia principles. The document is typically used when parties want to secure future supply and price certainty, containing detailed specifications of goods, delivery schedules, payment terms, and risk allocation. It's especially relevant in Qatar's major industries such as oil & gas, manufacturing, and trading sectors. The agreement must comply with Qatar Civil Code (Law No. 22 of 2004) and commercial regulations, while ensuring that terms regarding future delivery and payment are sufficiently certain to meet Sharia requirements.

1. Parties: Identification of seller and buyer with full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement, including specific industry terminology

4. Subject Matter: Detailed description of goods/assets being sold, including specifications and quantities

5. Purchase Price and Payment Terms: Price, payment schedule, and method of payment

6. Delivery Terms: Delivery schedule, location, and conditions for delivery

7. Quality and Specifications: Detailed quality requirements and specifications of the goods/assets

8. Title and Risk: Transfer of ownership and risk provisions

9. Representations and Warranties: Parties' representations regarding authority, capacity, and goods/assets

10. Events of Default: Circumstances constituting default and consequences

11. Force Majeure: Events beyond parties' control and their impact on obligations

12. Governing Law and Jurisdiction: Qatar law as governing law and jurisdiction details

13. Notices: Communication methods and contact details for formal notices

14. Execution: Signature blocks and execution requirements