Terms of Purchase Template

Terms of Purchase for Goods


These Terms of Purchase for Goods are for use by a Buyer in a transaction who wishes to do business on his or her own terms and conditions rather than those of the Seller, and provide a comprehensive series of protections for the Buyer in a business to business transaction.

These terms carefully regulate the relationship between Buyer and Seller and clearly set out the responsibilities of both parties, whilst ensuring the contractual and legal position of the Buyer is safeguarded. They have been updated to reflect current best practice.

This template is duplicated in the Terms and Conditions group

These Terms of Purchase for Goods contain the following clauses:

1. Application
2. Interpretation
3. Basis of Purchase
4. Specification
5. Price
6. Payment
7. Delivery
8. Quality
9. Risk and Property
10. Assignment
11. Warranty
12. Indemnity
13. Remedies
14. Termination
15. Force Majeure
16. Communications
17. Waiver
18. Severance
19. Third Party Rights
20. Governing Law and Jurisdiction

This document is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.