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Purchase And Sale Agreement
"I need a Purchase and Sale Agreement under Singapore law for the sale of industrial machinery worth SGD 2.5 million, with specific warranties about the equipment's performance and a phased payment structure over 6 months starting March 2025."
1. Parties: Identification and details of buyer and seller
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter: Description of goods/property being sold
5. Purchase Price: Price and payment terms
6. Delivery Terms: Timing and method of delivery
7. Warranties: Seller's guarantees regarding the goods
8. Governing Law: Jurisdiction and applicable law
1. Due Diligence: Buyer's right to inspect goods - Include for high-value transactions or complex goods
2. Intellectual Property: IP rights transfer provisions - Include when IP rights are involved in the sale
3. Force Majeure: Provisions for unforeseen circumstances - Include for long-term or high-risk transactions
4. Confidentiality: Non-disclosure obligations - Include when sensitive information is involved
1. Schedule 1 - Product Specifications: Detailed description of goods being sold
2. Schedule 2 - Payment Schedule: Detailed payment terms and milestones
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations
4. Appendix A - Technical Documentation: Technical specifications and manuals
5. Appendix B - Quality Standards: Applicable quality standards and certifications
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