This Agreement for the Sale of Goods (“Agreement”) made and effective this
_ (Date), by and between ________________________ (“Buyer”)
and _____________________ (“Seller”). Seller desires to sell to Buyer, and Buyer desires to purchase from Seller, certain tangible personal property. Therefore, in consideration of the mutual promises herein contained, the parties hereto agree as follows:
- Sale. Seller agrees to sell, transfer and convey to Buyer, and Buyer agrees to purchase the following tangible personal property (the “Goods”): (List here or in an attachment).
- Price. Buyer shall pay Seller for the Goods Rs._____. Buyer shall make payment of the full purchase price by 10 days following delivery of the Goods by Seller as provided herein, subject to Buyer’s right of inspection as set forth in Section 4 below. In the event that the purchase price is not timely paid, in addition to its other remedies, Seller may impose, and Buyer shall pay, a late payment charge equal to two percent (2%) of the overdue balance amount each month.
- Shipping. Buyer shall purchase goods FOB Seller’s location and be responsible for all expenses associated with shipping. The risk of loss from any casualty to the Goods, regardless of the cause, shall be upon Buyer upon the delivery of the Goods to Buyer’s shipper as set forth herein. When practicable, Seller will follow Buyer’s requested shipping instructions.If none are requested, Seller will use its discretion in selecting an appropriate transportation method….
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