Master Purchase / Supply Agreement for the purchase of goods / product to provide a framework for individual sale and purchase transactions. This form is drafted in neutral form.
The Buyer desires to purchase Goods from the Seller, and Seller desires to sell Goods to the Buyer pursuant to the terms and conditions set forth in this Agreement. These terms and conditions shall apply to all orders or requests for Goods issued by the Buyer in response to which the Seller provides the Goods to the Buyer to the exclusion of any other terms and conditions. Any reference overleaf to the Seller’s quotation, specification, price list or like document shall be solely for the purpose of describing the Goods to be supplied and no terms and conditions endorsed upon, delivered with or referred to in such application to the Agreement.
The quantity, quality and description of the Goods shall, subject as provided in this Agreement, be as specified in the Order and/or in any applicable Specification as agreed by the Buyer and the Seller in writing.
Any Specification supplied by the Buyer to the Seller, or specifically produced by the Seller for the Buyer, in connection with the Contract, together with the copyright, design rights or any other intellectual property rights in the Specification, shall be the exclusive property of the Buyer. The Seller shall not disclose to any third party or use any such Specification except to the extent that it is or becomes public knowledge through no fault of the Seller, or as required for the purpose of the Contract.
The Goods shall be marked in accordance with any applicable regulations or requirements of the carrier, and properly packed and secured so as to reach their destination in an undamaged condition in the ordinary course.
The Seller shall comply with all applicable regulations or other legal requirements concerning the manufacture, packaging, packing and delivery of the Goods. The Seller reserves the right to make any changes in the specification of the Products which are required to conform with any applicable safety or other statutory requirements subject to prior notification to the Buyer.
This document should be carefully read by the Buyer and the Seller.
Both parties should sign and return a copy, and once signed, both parties should get a copy.
All terms and conditions regarding the sale of the specific vehicle should all be clearly stated in the sale agreement.
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