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International Contract Of Sale
"I need an International Contract of Sale governed by Singapore law for exporting electronic components to a Japanese buyer, with payment via letter of credit and delivery in quarterly installments throughout 2025."
1. Parties: Identification of buyer and seller with full legal names and addresses
2. Background: Context of the sale and relationship between parties
3. Definitions: Key terms used throughout the contract including relevant Singapore law definitions
4. Description of Goods: Detailed specifications of goods being sold
5. Price and Payment Terms: Purchase price, currency, payment method and schedule
6. Delivery Terms: Delivery schedule, location, and INCOTERMS
7. Transfer of Title and Risk: When and how ownership and risk transfers under Singapore law
8. Warranties: Quality guarantees and condition of goods
9. Governing Law: Singapore law provisions and jurisdiction
1. Insurance: Insurance requirements for goods in transit or storage
2. Inspection Rights: Buyer's rights to inspect goods before acceptance
3. Intellectual Property: IP rights and licenses related to the goods
4. Force Majeure: Circumstances excusing performance of contract obligations
5. Confidentiality: Protection of sensitive information exchanged during the transaction
1. Schedule 1 - Technical Specifications: Detailed technical requirements and specifications of goods
2. Schedule 2 - Delivery Schedule: Detailed timeline for multiple deliveries if applicable
3. Schedule 3 - Price List: Detailed pricing for multiple items or variants
4. Schedule 4 - Quality Standards: Specific quality requirements and applicable standards
5. Schedule 5 - Required Certifications: Copies of necessary certifications and compliance documents
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