THIS AGREEMENT TO SELL
(the "Agreement") is made at__________
on _______ day of _________ by and
BETWEEN
___________________________________________________________________,
(hereinafter referred to as the “Institution”
which expression shall where the context so
permits mean and include its successors in interest
and assigns) of the one part.
AND
___________________________________________________
(hereinafter referred to as the “Customer”)
which expression shall where the context so
permits mean and include its successors in interest
and assigns) of the other part.
Whereas:
1.
The Institution is acquiring the goods described
in the Appendix 1 (“Goods”)
from the Manufacturer/ Supplier namely _________________________________________
(“Manufacturer/Supplier”);
and
2.
The Customer has requested vide written request
dated .................. to purchase the Goods
from the Institution on the terms and condition
contained hereinafter..
NOW
THEREFORE THIS AGREEMENT WITNESSETH:
1.
That the Institution agrees to sell and the
Customer agrees to purchase the Goods from the
Institution at the price of Rs. _____________________.
2.
That the Customer shall pay the price of the
Goods in advance to the Institution upon receipt
of a notice from the Institution confirming
that the Goods are ready for delivery to the
Customer.
3.
The Customer shall satisfy itself as to the
quality and quantity of the Goods at the time
of delivery and shall issue a Delivery Receipt
in the form of Appendix 2 hereto.
4.
Upon payment of the price, all rights and claims
of the Institution against the Manufacturer/Supplier
on account of warranties pertaining to the Goods
shall stand assigned to the Customer. In case
of any defect in the Goods, the Customer shall
only have a claim against the Manufacturer/Supplier
to the complete exclusion of the Institution.
IN WITNESS WHEREOF, the Parties
to this Agreement have caused this Agreement
to be duly executed on the date and year first
aforementioned.
| |
WITNESSES: |
For
and on behalf of [insert name of the Institution] |
| |
|
| 1. |
________________ |
|
________________ |
| 2.
|
________________ |
|
________________ |
| |
|
|
For
and on behalf of Customer |
| 1.
|
________________ |
|
________________ |
| 2. |
________________ |
|
________________ |