Terms and Conditions for Goods and Services (B2B) – Goods for Resale
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These Terms and Conditions for Goods for Resale are intended for use where
the Seller is supplying both goods and services in the course of a business
to businesstransaction where the goods supplied are to be sold on in their
current state to other parties. This template carefully regulates the
relationship between both parties, while ensuring that the contractual
position of the Seller is safeguarded.
This document has been updated to include greater clarity and
efficiency with respect to times through specific reference to “business
days”; additional optional provisions pertaining to non-delivery /
non-provision; a broader reference to voluntary arrangements (now including
IVAs and PVAs in addition to the original CVAs) when allowing the seller to
recover goods which have not been paid for or otherwise dealing with
default on the part of the buyer; and a more comprehensive governing law
and jurisdiction clause, now covering matters outside the strict scope of
the terms and conditions or contract. A new, highly comprehensive
confidentiality clause has also been added.
Importantly, Clause 10 of the document addresses the reservation of title
until full payment is received. Clause 10 can either be a full all sums
clause or it can be reduced to a simple reservation of title clause by
selecting the appropriate optional wording.
Where a longer business relationship between the seller/provider and the
buyer is anticipated it may be better to use the Supply of Goods
(long-term) Agreement and/or the Provision of Services (long-term)
Optional phrases / clauses are enclosed in square brackets. These should be
read carefully and selected so as to be compatible with one another. Unused
options should be removed from the document.
The Terms and Conditions for Goods for Resale contain the following
1. Application of Terms and Conditions
2. Definitions and Interpretation
3. Basis of Sale and Service
4. The Goods
5. The Services
8. Delivery and Performance
9. Non-Delivery of Goods and Services
10. Risk and Retention of Title
12. Defective Goods
13. Customer’s Default
17. Force Majeure
20. Third Party Rights
21. Law and Jurisdiction
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