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Fuel Supply Agreement
"Need a Fuel Supply Agreement for our fleet of 50 trucks, requiring regular diesel fuel delivery to our main depot in Texas, with a minimum purchase commitment of 50,000 gallons per month starting March 2025."
1. Parties: Identification of supplier and purchaser, including legal entity details
2. Background/Recitals: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement
4. Supply Obligations: Core obligations regarding fuel supply, quantities, and delivery terms
5. Quality Specifications: Detailed fuel specifications and quality standards
6. Pricing and Payment: Price determination, payment terms, and invoicing procedures
7. Delivery Terms: Delivery locations, schedules, and logistics arrangements
8. Term and Termination: Duration of agreement and termination provisions
9. Compliance: Regulatory compliance obligations and requirements
1. Minimum Purchase Obligations: Required when there are specific volume commitments for long-term supply arrangements with guaranteed volumes
2. Exclusivity Provisions: Exclusive supply arrangements and restrictions, used when supplier is sole source or has territorial restrictions
3. Force Majeure: Events beyond parties' control affecting performance, recommended for long-term agreements
4. Storage Requirements: Fuel storage specifications and responsibilities, used when storage facilities are part of the arrangement
5. Credit Terms: Credit arrangements and security requirements for arrangements involving credit facilities
1. Product Specifications Schedule: Detailed technical specifications for each fuel type
2. Pricing Schedule: Detailed pricing mechanisms and formulae
3. Delivery Locations Schedule: List of approved delivery points and facilities
4. Testing Procedures Schedule: Quality testing protocols and procedures
5. Compliance Certificates Schedule: Required regulatory and quality certifications
6. Insurance Requirements Schedule: Detailed insurance coverage requirements
7. Emergency Procedures Schedule: Protocols for handling emergencies and spills
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