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Private Sales Agreement
"I need a Private Sales Agreement under Singapore law for selling my manufacturing equipment to another business, with specific payment installments and a delivery schedule starting from March 2025."
1. Parties: Identification and details of the seller and buyer
2. Background: Context and purpose of the sale agreement
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including description of goods and price
5. Payment Terms: Payment amount, method, and schedule
6. Delivery: Delivery terms, timing, and logistics
7. Title and Risk: Transfer of ownership and risk in the goods
8. Warranties: Standard warranties regarding the goods
9. Termination: Circumstances and process for ending the agreement
10. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property: IP rights provisions, used when goods involve intellectual property components
2. Confidentiality: Confidentiality obligations for sensitive information shared between parties
3. Insurance: Insurance requirements for high-value goods or specific risk scenarios
4. Force Majeure: Provisions for unforeseeable circumstances affecting contract performance
1. Schedule 1 - Goods Description: Detailed specification of goods being sold
2. Schedule 2 - Price and Payment Schedule: Detailed breakdown of pricing and payment terms
3. Schedule 3 - Delivery Schedule: Detailed delivery timeline and requirements
4. Appendix A - Technical Specifications: Technical details and specifications of goods where applicable
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