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Commercial Sales Contract
"I need a Commercial Sales Contract governed by Saudi law for a one-time purchase of industrial machinery worth SAR 2,000,000 from a Riyadh-based manufacturer, with delivery scheduled for March 2025 and including installation and training requirements."
1. Parties: Identification of the seller and buyer with full legal names, registration details, and addresses
2. Background: Context of the commercial relationship and purpose of the agreement
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Sale and Purchase Obligation: Core obligations of sale and purchase, including description of goods
5. Price and Payment Terms: Purchase price, payment schedule, and payment methods (ensuring Sharia compliance)
6. Delivery Terms: Delivery obligations, timing, and transfer of risk
7. Quality and Specifications: Quality standards, specifications, and conformity requirements
8. Warranties and Representations: Warranties regarding goods, authority to contract, and compliance with laws
9. Inspection and Acceptance: Procedures for inspection of goods and acceptance criteria
10. Title and Risk: Transfer of ownership and risk allocation
11. Term and Termination: Duration of agreement and grounds for termination
12. Dispute Resolution: Dispute resolution mechanisms compliant with Saudi law
13. Governing Law: Confirmation of Saudi law governance and Sharia compliance
14. Notices: Communication procedures between parties
15. General Provisions: Standard boilerplate clauses including amendments, waivers, and severability
1. Import/Export Requirements: Required for international sales, covering customs, duties, and compliance with trade regulations
2. Insurance: Include when specific insurance requirements are needed for high-value or high-risk goods
3. Intellectual Property: Required when goods involve patents, trademarks, or other IP rights
4. Confidentiality: Include when sensitive commercial information will be shared
5. Force Majeure: Include for long-term supply arrangements or when specific risks need to be addressed
6. Anti-corruption Compliance: Important for high-value contracts or government-related sales
7. Storage and Handling: Include for goods requiring special storage or handling conditions
8. Training and Support: Required when product requires technical training or ongoing support
1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods
2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume discounts
3. Schedule 3 - Delivery Schedule: Specific delivery dates, locations, and quantities
4. Schedule 4 - Quality Standards: Detailed quality requirements and testing procedures
5. Schedule 5 - Warranty Terms: Detailed warranty terms and claim procedures
6. Schedule 6 - Service Level Requirements: If applicable, details of required service levels and response times
7. Appendix A - Required Documents: List of required documentation for delivery and acceptance
8. Appendix B - Contact Details: Key contact persons and their details for both parties
Authors
Manufacturing
Retail
Wholesale Trade
Construction
Technology
Automotive
Consumer Goods
Industrial Equipment
Electronics
Food and Beverage
Textiles
Pharmaceuticals
Chemical Products
Agriculture
Mining
Energy
Legal
Commercial
Procurement
Sales
Compliance
Operations
Finance
Risk Management
Supply Chain
Business Development
Contract Administration
Legal Counsel
Commercial Director
Procurement Manager
Sales Manager
Contract Administrator
Business Development Manager
Supply Chain Manager
Chief Commercial Officer
Compliance Officer
Operations Manager
Chief Legal Officer
Finance Director
General Manager
Risk Manager
Trading Manager
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