International Sales Contract
An agreement
between a seller and a buyer for the sale of goods. The contract should, at a
minimum, identify the seller and buyer, the quantity and type of product,
delivery time, price and conditions of payment. ... Often international transactions
are conducted without the benefit of an international sales contract.
Many kinds of Sales contract are available such Import purpose , Export , Purchase , Selling purpose etc. But this is garments related article so for this purpose here try understanding what is Ready Made Garments international sales contract.
So we now lets go now below for understanding Sales Contract & brief :-
12.Assignment.Neither Party may not assign any of its rights under this Agreement or delegate any performance under this Agreement, except with the prior written consent of the other Party. Any purported assignment of rights or delegation of performance in violation of this section is void.
14.Governing Law.The terms of this Agreement shall be governed by and construed in accordance with the laws of the State of _______________, not including its conflicts of law provisions.
Many kinds of Sales contract are available such Import purpose , Export , Purchase , Selling purpose etc. But this is garments related article so for this purpose here try understanding what is Ready Made Garments international sales contract.
So we now lets go now below for understanding Sales Contract & brief :-
State of ________________
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Rev. 133A2C3
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SALES
AGREEMENT
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This Sales Agreement (this “Agreement”) is
entered into as of the ____ day of _______________, 20___, by and between
__________________________, an individual located at ______________________ (“Seller”) and ______________, an individual
located at ____________________ (“Buyer”). Each Seller and Buyer may be
referred to in this Agreement individually as a “Party” and collectively as the
“Parties.”
WHEREAS, Seller owns certain
Goods, as defined below, and Seller desires to sell such Goods under the terms
and conditions set forth in this Agreement; and
WHEREAS, Buyer desires to
purchase the Goods offered for sale by Seller under the terms and conditions
set forth in this Agreement.
NOW THEREFORE, in consideration of
the mutual promises and for other good and valuable consideration exchanged by
the Parties as set forth in this Agreement, the Parties, intending to be
legally bound, hereby mutually agrees as follows:
1. Sale of Goods. Seller agrees to sell, transport and deliver to Buyer,
and Buyer agrees to purchasethefollowing items in the following quantities and
at the prices (the “Goods”):
Description of Goods
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Quantity
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Price
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The Goods
_____________________________________________________________________.
2.Purchase Price. Buyer will pay to Seller for the Goods and for all
obligations specified in this Agreement, if any, as the full and complete
purchase price, the sum of $______.
Unless otherwise stated, Seller
shall be responsible for all taxes in connection with the purchase of Goods in
this Agreement.
3.Payment.
Seller shall invoice Buyer
upon the shipment of the Goods. Unless otherwise stated, payment for the Goods
is due within ____days of the date of Seller’s invoice, which date will not be
before the date of Seller’s delivery of the Goods.
4.Delivery.Seller shall ship the Goods to Buyeron or before
__________at the following address: ________________________.Seller will pay
for any shipping costs.
5. Risk of Loss. Title to and risk of loss of the Goods shall pass to
Buyer [upon shipment of the Goods in accordance with this Agreement.
6.Right of Inspection. Buyer shall be allowed to examine the Goods
once received and shall do so within ___ days after the receipt of the Goods.
In the event that Buyer discovers anydamages, shortages or other nonconformance
of the Goods, Buyer shall notify Seller within __ days after receipt of the
Goods, specifying the basis for its claim. Failure to notify Sellerby such date
shall constitute an acceptance of delivery of the Goods as is. In the event the
Goods are non-conforming, Buyer may at its option:
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return the Goods for a replacement, at Seller’s expense
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return the Goods at Seller’s expense for a credit of the full purchase price on
future transactions with Seller
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return the Goods at Seller’s expense for a full refund of the purchase price
The above shall be the sole
remedy of Buyer and only obligation of Seller with respect to any
non-conforming Goods.
7. Warranties.Buyer acknowledges that it has not relied on, and
Seller has not made, any representations or warranties with respect to the
quality or condition of the Goods, and it is purchasing the Goods on an “as is”
basis. Seller expressly disclaims all warranties, whether express or implied,
including any implied warranty of merchantability or fitness.
8. Security Interest. Buyer hereby grants to Seller a security
interest in the Goods, until Buyer has paid Seller in full for the Goods. Buyer
shall sign and deliver to Seller any document needed to perfect the security
interest in the Goods that Seller reasonably requests.
9. Seller Representations and Warranties.Seller warrants that the
goods are free, and at the time of delivery will be free,from any security
interest or other lien or encumbrance.Seller warrants that there are no
outstanding titles or claims of title hostile to the rights of Seller in the Goods.
10. Force Majeure. Seller shall not be responsible for any claims or
damages resulting from any delays in performance or for non-performance due to
unforeseen circumstances or causes beyond Seller’s reasonable control.
11.Limitation of Liability.Seller will not be liable for any indirect,
special, consequential, or punitive damages (including lost profits) arising
out of or relating to this Agreement or the transactions it contemplates
(whether for breach of contract, tort, negligence, or other form of action) and
irrespective of whether Seller has been advised of the possibility of any such
damage. In no event will Seller’s liability exceed the price paid by Buyer to
Seller for the Goods giving rise to the claim or cause of action.
12.Assignment.Neither Party may not assign any of its rights under this Agreement or delegate any performance under this Agreement, except with the prior written consent of the other Party. Any purported assignment of rights or delegation of performance in violation of this section is void.
13.Amendments. No amendment to this Agreement will be effective unless
it is in writing and signed by both Parties.
14.Governing Law.The terms of this Agreement shall be governed by and construed in accordance with the laws of the State of _______________, not including its conflicts of law provisions.
15. Disputes. Any dispute arising from this Agreement shall be resolved
in the courts of the State of __________.
16. Entire Agreement.This Agreement contains
the entire understanding between the Parties and supersedes and cancels all
prior agreements of the Parties, whether oral or written, with respect to such
subject matter.
17. Notices. Any notice or other communication given or
made to any Party under this Agreement shall be in writing and delivered by
hand, sent by overnight courier service or sent by certified or registered
mail, return receipt requested, to the address stated above or to another
address as that Party may subsequently designate by notice and shall be deemed
given on the date of delivery.
18. Waiver. No Party shall be deemed to have waived any
provision of this Agreement or the exercise of any rights held under this
Agreement unless such waiver is made expressly and in writing. Waiver by any
Party of a breach or violation of any provision of this Agreement shall not
constitute a waiver of any other subsequent breach or violation.
19. Miscellaneous. This Agreement shall be binding upon and inure to
the benefit of the Parties and their respective heirs, successors and
assigns. The provisions of this
Agreement are severable. If any provision is held to be invalid or
unenforceable, it shall not affect the validity or enforceability of any other
provision.The section headings
herein are for reference purposes only and shall not otherwise affect the
meaning, construction or interpretation of any provision of this Agreement.This
Agreement may be executed in one or more counterparts, each of which shall be
deemed an original and all of which together, shall constitute one and the same
document.
You,
the buyer, may cancel this transaction at any time prior to midnight of the
third business day after the date of this transaction. See the attached
cancellation form for an explanation of this right.
IN
WITNESS WHEREOF, the Parties have executed this agreement as
of the date first written above.
_______________________________
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_______________________________
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Buyer Signature
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Buyer Full Name
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_______________________________
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_______________________________
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Buyer Representative Name
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BuyerRepresentative Title
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_______________________________
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_______________________________
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SellerSignature
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Seller Full Name
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_______________________________
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_______________________________
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SellerRepresentative Name
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SellerRepresentative Title
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