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Simple Purchase Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

Simple Purchase Contract

"I need a Simple Purchase Contract for buying 500 industrial-grade laptops from a Saudi distributor, with delivery required by March 2025 to our Riyadh office, including warranty terms and acceptance testing provisions."

Document background
The Simple Purchase Contract is designed for businesses operating in Saudi Arabia who need a straightforward, legally compliant agreement for the purchase and sale of goods. This document type is particularly useful for one-time or recurring purchase transactions where the terms are relatively straightforward and don't require complex negotiations. It incorporates essential elements required under Saudi law and Sharia principles, including clear identification of the goods, pricing including VAT considerations, delivery terms, and basic warranties. The contract is structured to be adaptable across various industries while maintaining compliance with Saudi Arabian commercial regulations and the Commercial Court Law (Royal Decree No. M/93).
Suggested Sections

1. Parties: Identification of the seller and buyer with full legal names, addresses, and commercial registration details

2. Background: Brief context of the purchase agreement and the parties' intention to enter into the transaction

3. Definitions: Key terms used throughout the agreement defined for clarity and consistency

4. Subject Matter of Sale: Detailed description of the goods being purchased, including quantity and specifications

5. Purchase Price: The agreed price, including VAT status, currency, and payment terms

6. Delivery: Delivery terms, timing, location, and responsibility for delivery costs

7. Title and Risk: When ownership and risk transfer from seller to buyer

8. Warranties: Basic warranties regarding ownership, quality, and condition of goods

9. Termination: Circumstances under which the contract may be terminated

10. Governing Law and Jurisdiction: Confirmation of Saudi Law application and jurisdiction for disputes

Optional Sections

1. Inspection and Acceptance: Procedures for inspecting and accepting the goods, used when quality verification is crucial

2. Insurance: Insurance requirements for the goods during transit, used for high-value items or risky deliveries

3. Intellectual Property: IP rights provisions, used when the goods involve intellectual property

4. Confidentiality: Confidentiality obligations, used when sensitive information is shared

5. Force Majeure: Provisions for unforeseeable circumstances, used in longer-term or complex purchases

6. Anti-Corruption: Compliance with anti-corruption laws, used in government or high-value contracts

7. Export/Import Compliance: Compliance with trade regulations, used for international purchases

Suggested Schedules

1. Schedule 1 - Specification of Goods: Detailed technical specifications of the goods being purchased

2. Schedule 2 - Payment Schedule: Breakdown of payment terms and installments if applicable

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations if multiple deliveries are involved

4. Appendix A - Required Documentation: List of documents required for the transaction (e.g., certificates of origin, quality certificates)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses
























Relevant Industries

Retail

Manufacturing

Construction

Technology

Food and Beverage

Automotive

Electronics

Industrial Equipment

Office Supplies

Medical Supplies

Textiles

Raw Materials

Relevant Teams

Procurement

Legal

Finance

Operations

Supply Chain

Commercial

Administration

Compliance

Sales

Relevant Roles

Procurement Manager

Purchasing Officer

Supply Chain Manager

Contract Administrator

Legal Counsel

Commercial Manager

Operations Manager

Business Development Manager

Finance Manager

Compliance Officer

General Manager

Sales Manager

Administrative Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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