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Equipment Sales Agreement
"I need an Equipment Sales Agreement for selling medical imaging equipment worth $500,000 to a Singapore hospital, with specific warranty terms and installation requirements to be completed by March 2025."
1. Parties: Identification of seller and buyer with full legal names and addresses
2. Background: Context of the sale and brief description of the equipment being sold
3. Definitions: Key terms used throughout the agreement including relevant Singapore law definitions
4. Equipment Description: Detailed specifications of equipment being sold
5. Price and Payment Terms: Purchase price, payment schedule, and payment methods
6. Delivery and Installation: Terms regarding delivery, timing, and installation requirements
7. Warranties: Equipment warranties and guarantee provisions in compliance with Singapore law
8. Title and Risk: Transfer of ownership and risk provisions
9. Governing Law: Specification of Singapore law as governing law and relevant statutory provisions
1. Training: Terms for operator training requirements and delivery
2. Maintenance: Ongoing maintenance terms and service levels
3. Export Controls: Export compliance requirements under Singapore law
4. Insurance: Insurance requirements and coverage specifications
5. Intellectual Property: IP rights related to equipment and software licensing terms
1. Schedule 1 - Equipment Specifications: Detailed technical specifications of equipment
2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices and payment terms
3. Schedule 3 - Warranty Terms: Detailed warranty conditions and procedures
4. Schedule 4 - Maintenance Schedule: Maintenance requirements and schedules
5. Schedule 5 - Training Manual: Operating procedures and training materials
6. Schedule 6 - Acceptance Tests: Testing procedures and acceptance criteria
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