Sale and Purchase of Equipment Agreement


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Sale and Purchase of Equipment Agreement
Sale and Purchase of Equipment AgreementA SPA is the contract between two parties that rules the transfer of ownership of equipment or goods. One party, the seller, sells the equipment to the buyer (or purchaser), who purchases the equipment.A section entitled scope of purchase provides the perimeter of the agreement, namely, the type of the equipment, or goods, with model number and reference to data-sheet in the annexes, with inclusions and exclusions of ancillary performances (like transport, delivery, labor, training ...).The commercial terms define the price, or consideration of the sale and the schedule of payments, which are normally request…
Citation
Gabriele Zini: Green Electrical Energy Storage: Science and Finance for Total Fossil Fuel Substitution. Sale and Purchase of Equipment Agreement, Chapter (McGraw-Hill Professional, 2016), AccessEngineering Export