Equipment sale agreement

Attention! The Law and Law Law Company draws your attention to the fact that this document is basic and does not always meet the requirements of a specific situation. Our lawyers are ready to assist you in drafting any legal document that suits your situation. For more information, please contact lawyer Kenesbek Islam by phone.; +7 (708) 971-78-58; +7 (727) 971-78-58. CONTRACT no. ___ Almaty "02" June20... Citizen of the Republic of Kazakhstan ......... ........... G.R. hereinafter referred to as the "Customer", on the one hand, and the Firm LLP "..........", registered and operating in accordance with the legislation of the Republic of Kazakhstan, hereinafter referred to as the "Supplier", located at: Almaty, m-n "...........71B, represented by the Director ..............  acting on the basis of the Charter on the other hand, hereinafter collectively referred to as the "Parties", have concluded this Agreement on the following:

1. Subject of the Agreement

1.1 The "Supplier" undertakes to deliver the equipment on May 31, 20.... year to the Supplier's address indicated in the application.

1.2The "Customer" pays the cost in accordance with the terms of this Agreement, and accepts the equipment.

1.3The amount of this Agreement is 367,713 (three hundred sixty-seven thousand seven hundred thirteen)tenge.

2. Payment terms, equipment delivery procedure

2.1 The "Customer" makes a payment in the amount of 100% (one hundred percent) for the equipment from the contract amount, which is 367,713 (three hundred sixty-seven thousand seven hundred thirteen) tenge.

2.2 Equipment is accepted by the "Customer" or, by proxy, by his representative at the facility in the presence of a responsible person on the part of the "Postmaster". During the acceptance of the equipment, the representative of the "Customer" checks the equipment in quantity and quality for external defects, in the absence of external defects, the representative is obliged to accept the equipment and sign the invoice. After signing the expense invoices, claims to the appearance and quantity of the "Supplier" are not accepted.

2.4 The "Customer" assumes responsibility for the safety of the equipment from the moment of their receipt.

2.5 The "Customer" makes the payment to the bank payment details of the "Supplier" or by depositing cash at the cashier of the "Supplier". 2.6 In case of non-fulfillment by the Customer of the obligations stipulated in paragraphs 2.1.,

2.2. The Customer undertakes to pay the Supplier a penalty in the amount stipulated in clause 6.2.3. Force Majeure for late payment.

3.1. Стороныосвобождаютсяотответственностизачастичноеилиполноенеисполнениеобязательствпонастоящемудоговору , if this fulfillment results from the insurmountable force that arose after the conclusion of the contract as a result of events of an extraordinary nature that the participant could not foresee or prevent by reasonable measures (force majeure). Such events of an extraordinary nature include natural disasters, military actions, and acts of State authorities and management.

3.2. A Party exposed to circumstances of insurmountable force must notify the other Party in writing of the occurrence of such circumstances within three (3) days.  calendar days from the date of their occurrence, as well as provide supporting documents indicating the occurrence of such circumstances. Documents issued by authorized state bodies or other competent organizations of the Republic of Kazakhstan are sufficient evidence of the occurrence of force majeure circumstances.

3.3. If circumstances arise that cannot be overcome, either Party has the right to cancel this Agreement unilaterally, with written notification to the other Party at least 5 (five) calendar days prior to the date of termination of the Agreement.  In this case, the Parties undertake to settle all mutual settlements within 3 (three) business days from the date of termination of this Agreement.

4. Warranty period 4.1 This Agreement comes into force from the moment it is signed by the Parties and is valid until the Parties fully fulfill their obligations under this Agreement. 4.2 This Agreement is terminated after the Parties fulfill their obligations stipulated in the terms of this Agreement, and with respect to the warranty period – upon its expiration.

4.3 The equipment is provided with a factory warranty, the warranty period is 12 (twelve) months from the date of receipt and signing of the invoice.

4.4 The warranty conditions are considered invalid if the "Customer" fails to comply with the Operating Instructions and storage conditions, which are an integral part of this Agreement.

4.5 In case of detection of a factory defect during the warranty period, confirmed by the conclusion of independent experts, the "Supplier" guarantees the replacement of such equipment with similar equipment as soon as possible. The replacement time depends on the equipment that needs to be replaced, on the time of manufacture at the factory and delivery of such equipment to the Supplier's warehouse, if this equipment is imported into the Republic of Kazakhstan.

 

4.6 The payment for the independent expert examination is paid by the party found guilty by the experts. 56.1 Liability of the Parties For non-fulfillment and/or improper fulfillment of their obligations under this Agreement, the Parties shall be responsible for 

Attention!   

       Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.  

 For more information,  please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085. 

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