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The Sale Agreement Without Possession is a crucial document used in commercial transactions where immediate delivery of goods is not possible or intended. This type of agreement is particularly relevant in situations involving manufactured goods, construction materials, or other items that require production or procurement time. The document must strictly comply with Saudi Arabian law and Sharia principles, particularly regarding the specificity of the goods, payment terms, and delivery conditions. It is commonly used in manufacturing, construction, and trading sectors where advance ordering and future delivery are standard practices. The agreement includes essential elements such as detailed specifications, quality standards, payment schedules, and delivery terms, while addressing risk allocation and compliance with local regulations. This document type is particularly important in Saudi Arabia's developing economy, where large-scale projects and commercial transactions often require advance commitment for future deliveries.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and commercial registration details

2. Background: Context of the transaction and relationship between parties

3. Definitions: Key terms used throughout the agreement, including technical specifications and industry-specific terminology

4. Subject Matter of Sale: Detailed description of the goods to be sold, including specifications, quantity, and quality standards

5. Purchase Price and Payment Terms: Price, payment schedule, and method of payment, including any advance payments required

6. Delivery Terms: Future delivery date, location, and conditions for delivery

7. Specifications and Quality Standards: Detailed technical specifications and quality requirements of the goods

8. Risk and Title: Transfer of risk and ownership provisions, particularly important given the future delivery nature

9. Seller's Warranties and Representations: Warranties regarding the future goods, capacity to deliver, and compliance with specifications

10. Buyer's Warranties and Representations: Warranties regarding payment capacity and compliance with legal requirements

11. Inspection and Acceptance: Procedures for inspection upon delivery and acceptance criteria

12. Default and Remedies: Consequences of breach by either party and available remedies

13. Force Majeure: Circumstances excusing performance and procedures for handling such situations

14. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution mechanisms

15. Notices: Communication procedures between parties

16. General Provisions: Standard boilerplate clauses including amendments, waivers, and severability