PURCHASE AGREEMENT
Extract of key clauses
1PARTIES AND DATE
Seller: Plant A Foods Ltd
Buyer: Plant B Packaging Ltd
Date: 19 Oct 2026
2GOODS
Used packaging line, machines by serial number (Schedule 1)
3PRICE AND PAYMENT
Price: 120,000 in two instalments
50 percent on signing, 50 percent on acceptance
4DELIVERY, TITLE AND RISK
Delivery ex site, loading by the buyer
Title passes on payment in full, risk on removal
5INSPECTION AND REJECTION
Factory acceptance test on site
Buyer may reject within 10 working days
6WARRANTY AND REMEDIES
Seller repairs within 15 days or refunds the instalment
7GOVERNING LAW
Law of England and Wales, courts of London
Sample for illustration. Company names, numbers, tax registrations and bank details are fictional.