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1. Parties: Identification of the supplier and purchaser, including registration numbers, addresses, and authorized representatives
2. Background: Context of the agreement, establishing the supplier's business and purchaser's need for goods on credit
3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including credit-related terminology as per National Credit Act
4. Supply of Goods: Core terms regarding the supply relationship, ordering process, and delivery arrangements
5. Credit Facility Terms: Credit limit, interest rates, payment terms, and all mandatory credit disclosures as per National Credit Act
6. Price and Payment: Pricing mechanism, invoicing procedures, and payment obligations
7. Quality and Specifications: Quality standards, conformity requirements, and inspection rights
8. Delivery and Risk: Delivery terms, transfer of risk, and acceptance procedures
9. Warranties and Indemnities: Product warranties, supplier warranties, and related indemnities
10. Default and Remedies: Events of default, consequences, and available remedies for both credit and supply aspects
11. Duration and Termination: Term of agreement, renewal provisions, and termination rights
12. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution
1. Security Arrangements: Used when additional security for credit is required, such as personal guarantees or asset security
2. Intellectual Property: Include when supplied goods involve IP rights or branded products
3. Exclusivity: Optional restrictions on supplier selling to others or purchaser buying from other suppliers
4. Insurance: Specific insurance requirements beyond standard coverage
5. Compliance with Laws: Specific regulatory compliance requirements for particular industries
6. Return of Goods: Detailed returns policy beyond standard warranty terms
7. Credit Insurance: When credit insurance is required to secure the transaction
8. Force Majeure: Detailed force majeure provisions beyond standard clauses
1. Schedule 1: Goods Specification: Detailed specifications of goods to be supplied, including technical requirements
2. Schedule 2: Pricing Schedule: Detailed pricing structure, including any volume discounts or price adjustment mechanisms
3. Schedule 3: Credit Terms: Detailed credit terms, including credit limit, interest calculations, and payment schedules
4. Schedule 4: Delivery Schedule: Delivery locations, timeframes, and specific delivery requirements
5. Schedule 5: Quality Standards: Detailed quality specifications and testing procedures
6. Appendix A: Order Form Template: Standard form for placing orders under the agreement
7. Appendix B: Credit Application Form: Standard credit application form with required information as per National Credit Act
8. Appendix C: Personal Guarantee Form: Template for personal guarantees if required as security
Manufacturing
Wholesale Trade
Retail
Construction
Mining
Agriculture
Automotive
Industrial Supply
Food and Beverage
Pharmaceuticals
Technology Hardware
Building Materials
Chemical Industry
Textile Industry
Legal
Finance
Procurement
Sales
Credit Control
Risk Management
Operations
Commercial
Supply Chain
Accounts Receivable
Business Development
Commercial Director
Procurement Manager
Credit Manager
Financial Director
Supply Chain Manager
Legal Counsel
Contract Manager
Sales Director
Chief Financial Officer
Risk Manager
Operations Director
Commercial Manager
Credit Controller
Accounts Receivable Manager
Business Development Manager
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