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1. Parties: Identification and details of the seller and buyer, including registration numbers and addresses
2. Background: Context of the agreement, relationship between parties, and general purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale of Goods: Details of the initial sale, including goods description, price, and delivery terms
5. Payment Terms: Payment conditions for the initial sale, including method and timing
6. Delivery and Risk: Terms for delivery, transfer of risk, and ownership of goods
7. Buyback Terms: Conditions triggering buyback, buyback price calculation, and execution process
8. Buyback Period: Timeframe during which buyback rights can be exercised
9. Condition of Goods: Requirements for maintenance and condition of goods during the period before buyback
10. Warranties and Representations: Warranties regarding goods condition, ownership, and authority to sell
11. Default and Remedies: Consequences of default by either party and available remedies
12. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Insurance: Requirements for insurance coverage during the period before buyback, used when goods are of high value
2. Security Arrangements: Details of any security deposits or guarantees, included when additional financial security is required
3. International Shipping: Specific terms for international delivery and customs, used for cross-border transactions
4. Third Party Rights: Provisions regarding rights of third parties, included when third party involvement is anticipated
5. Tax Provisions: Detailed tax implications and responsibilities, used when significant tax considerations exist
6. Force Majeure: Provisions for unforeseen circumstances affecting performance, included for longer-term arrangements
7. Confidentiality: Terms regarding confidential information, included when sensitive information is involved
1. Schedule 1 - Goods Specification: Detailed technical specifications and description of the goods
2. Schedule 2 - Pricing Structure: Initial sale price and buyback price calculation methodology
3. Schedule 3 - Delivery Schedule: Detailed delivery terms, locations, and timelines
4. Schedule 4 - Condition Report: Initial condition report of goods and acceptable wear and tear parameters
5. Schedule 5 - Required Maintenance: Maintenance requirements during the period before buyback
6. Appendix A - Form of Buyback Notice: Template for exercising buyback option
7. Appendix B - Inspection Procedure: Procedures for inspecting goods condition before buyback
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