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Preliminary Purchase Agreement
"Need a Preliminary Purchase Agreement for acquiring a manufacturing facility in Singapore, with specific conditions around environmental compliance and a three-stage payment structure to be completed by March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the preliminary purchase agreement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter: Description of goods/property to be purchased
5. Purchase Price: Amount and payment terms
6. Conditions Precedent: Conditions that must be met before proceeding to final purchase
7. Timeline: Key dates and deadlines
8. Governing Law: Specification of Singapore law as governing law
1. Due Diligence: Terms for conducting due diligence - include for complex transactions or business purchases
2. Exclusivity: Terms preventing seller from negotiating with other parties - include when buyer requires exclusive negotiation rights
3. Confidentiality: Terms protecting confidential information - include when sensitive information will be exchanged
4. Break Fee: Compensation if deal doesn't proceed - include for high-value transactions
1. Asset Schedule: Detailed list of assets included in the purchase
2. Payment Schedule: Breakdown of payment terms and installments
3. Due Diligence Checklist: List of required documents and verifications
4. Form of Final Purchase Agreement: Draft or key terms of the final agreement
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