Supply of goods agreement—pro-supplier

Published by a LexisNexis Commercial expert
Precedents

Supply of goods agreement—pro-supplier

Published by a LexisNexis Commercial expert

Precedents
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This Agreement is made on [date]

Parties

  1. 1

    [insert name of supplier] [of OR trading as [insert trading name] of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Supplier); and

  1. 2

    [insert name of customer] [of OR trading as [insert trading name] of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Customer)

(each of the Supplier and the Customer being a party and together the Supplier and the Customer are the parties).

Background

    1. (A)

      The Supplier conducts the business of supplying [insert description] to other businesses.

    1. (B)

      The Customer conducts the business of [insert description].

    1. (C)

      The parties have agreed that the Supplier shall supply Goods to the Customer on the terms set out in this Agreement.

    1. (D)

      The parties contemplate that the Supplier shall supply the goods to the Customer in a series of supplies over time rather than a single supply.

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Agreement:

        [Actual Spend

        1. has the meaning given in clause 4.2;]

        Affiliate

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Jurisdiction(s):
United Kingdom
Key definition:
Sale of goods definition
What does Sale of goods mean?

A sale is the transfer of ownership by mutual asset of a thing from one person (the seller) to another (the buyer) for a money price.

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