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Cancellation Of Agreement To Sell
"I need a Cancellation Of Agreement To Sell for a manufacturing equipment purchase agreement signed last month, where both parties have mutually agreed to terminate due to supply chain issues, with a full refund of the $50,000 deposit to be processed by March 2025."
1. Parties: Identification of all parties involved in the original agreement and cancellation
2. Background: Details of the original agreement and circumstances leading to cancellation
3. Definitions: Key terms used in the cancellation agreement
4. Cancellation Terms: Specific terms and conditions of the cancellation
5. Effective Date: When the cancellation takes effect
6. Mutual Release: Release of obligations and liabilities between parties
7. Governing Law: Confirmation of Singapore law as governing law
1. Refund Terms: Terms for refunding any payments made under the original agreement
2. Confidentiality: Provisions for maintaining confidentiality of the agreement and related information
3. Return of Property: Terms for returning any property or documents exchanged under the original agreement
4. Survival Clauses: Specifying which provisions of the original agreement survive the cancellation
1. Schedule 1 - Original Agreement: Copy of the original agreement being cancelled
2. Schedule 2 - Payment Schedule: Details of any refunds or outstanding payments to be settled
3. Schedule 3 - Property Schedule: List of properties or items to be returned between parties
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