Sale and Purchase of Goods Agreement (Favouring the seller)

R3,000.00

Moneyweb Insider Gold subscribers receive 12.5% discount!

EXPLANATORY NOTES FOR THE SALE AND PURCHASE OF GOODS AGREEMENT DRAFTED IN FAVOUR OF THE SELLER OF GOODS, AND TO WHICH NEITHER THE CONSUMER PROTECTION ACT, NOR THE NATIONAL CREDIT ACT APPLIES

This is a very detailed agreement that may be used for the sale of goods by one party (“the Seller”) to another (“the Purchaser”) within the Republic of South Africa. It is intended for use by entities receiving the sold goods here under that fall outside the ambit of the NCA and the CPA. This agreement also caters for where the Seller manufactures the goods to be sold.

Moneyweb Readers: R 3 000.00 incl VAT
Moneyweb Insider Gold subscribers: R 2 625.00 incl VAT

Want a discount? Become a member by purchasing Moneyweb Insider Gold subscription.

SKU: MNY-SALE-PURCHASE-OF-GOODS-AGREEMENT-002 Category:

Description

Moneyweb Insider Gold subscribers receive 12.5% discount!

EXPLANATORY NOTES FOR THE SALE AND PURCHASE OF GOODS AGREEMENT DRAFTED IN FAVOUR OF THE SELLER OF GOODS, AND TO WHICH NEITHER THE CONSUMER PROTECTION ACT, NOR THE NATIONAL CREDIT ACT APPLIES

This is a very detailed agreement that may be used for the sale of goods by one party (“the Seller”) to another (“the Purchaser”) within the Republic of South Africa. It is intended for use by entities receiving the sold goods here under that fall outside the ambit of the NCA and the CPA. This agreement also caters for where the Seller manufactures the goods to be sold.

It may be used by entities of all sizes that sell goods to other entities. We reiterate that it is an extremely detailed and robust agreement that is drafted in favour of the Seller. It may be used for a once-off sale or for several sales executed under a master agreement (through the use of purchase orders that serve as addenda to the main agreement).

Do not use this agreement if you need one that is drafted in favour of the Purchaser. A separate Purchase and Sale of Goods (Purchaser) agreement is available for sale on this site.

This PURCHASE AND SALE OF GOODS (SELLER) agreement:

  • is legally substantive (26 pages in total; 5 line spacing); please feel free to look at the explanatory notes below and compare the substance of this agreement to others for sale elsewhere;
  • is bordered;
  • has pages numbered;
  • is fully justified;
  • is typed up using Bookman Old Style font, size 11;
  • has been meticulously spell-checked;
  • is extremely professional in its appearance;
  • has several drafting notes therein to guide a legal practitioner;
  • may be printed onto 26 A4 pages. (In the interests of the environment, it is suggested that the agreement rather be printed back to back on 13 pages.).

This PURCHASE AND SALE OF GOODS (SELLER) agreement contains the following clauses:

  1. PARTIES
  2. DEFINITIONS AND INTERPRETATION
  3. RECORDAL
  4. RELATIONSHIP BETWEEN THE PARTIES
  5. GOOD FAITH
  6. DURATION
  7. OWNERSHIP AND RISK
  8. PRICE AND PRICE ADJUSTMENTS
  9. INVOICING AND PAYMENT
  10. SUPPLIER’S OBLIGATIONS
  11. QUALITY CONTROL
  12. WARRANTIES AND UNDERTAKINGS
  13. LIENS
  14. DELIVERY OF GOODS
  15. FORCE MAJEURE AND EXCUSABLE DELAY
  16. INDEMNITY INSURANCE
  17. SUPPLIER’S LIMITATION OF LIABILITY
  18. INTELLECTUAL PROPERTY
  19. INFRINGMENT OF PATENTS, TRADEMARKS AND COPYRIGHT
  20. INFORMATION
  21. TERMINATION
  22. OPTION TO REPURCHASE GOODS
  23. CONFIDENTIALITY
  24. GOVERNING LAW AND JURISDICTION
  25. DISPUTE RESOLUTION
  26. DOMICILIUM AND NOTICES
  27. ASSIGNMENT
  28. SEVERABILITY
  29. APPLICABLE LAW
  30. ENTIRE AGREEMENT
  31. AMENDMENT OF AGREEMENT
  32. WAIVER OF BREACH
  33. SUCCESSORS AND ASSIGNS
  34. COUNTERPARTS
  35. STIPULATION ALTERI

APPENDIX 1: DETAILS, SPECIFICATIONS AND PRICES OF THE GOODS

Moneyweb Readers: R 3 000.00 incl VAT
Moneyweb Insider Gold subscribers: R 2 625.00 incl VAT

You may also like…

    Moneyweb Insider GOLD users get extra discount!
    Click here to sign up!
    Limited suretyship agreement, limited in amount