Agreement for Sale of Electronic Machinery Frequency
Generator for Personal Experimentation with Warranty Disclaimers Agreement made on the ___________________________ (date), between
_______________________________ (Name of Buyer) of ____________________________
____________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as ____________________
(Buyer), and _______________________ (Name of Seller), a corporation organized and
existing under the laws of the state of __________________, with its principal office located at
____________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as Seller.
1. Sale of Machinery
Buyer agrees to buy, and Seller agrees to sell, for $____________ (Sales Price),
subject to the terms and conditions stated below, the following described Electronic Machinery
Frequency Generator (the Product), to be delivered on board car or truck at _______________
__________________________________________________________ (street address, city,
county, state, zip code), on or about ___________________________ (date of delivery): (Description of Electronic Machinery Frequency Generator) ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________2. WarrantiesA.Seller makes no express warranties of any kind with respect to the Product sold
under the terms of this Sales Agreement. The use of any sample or model during the
negotiations leading to this Sales Agreement served merely to indicate a type of goods that will
be tendered to the Buyer. These samples or models create no warranty that the goods will
conform to the samples or models.B. By this disclaimer Seller hereby gives notice that any statement made by Seller
in the sale of the Product will not create any warranty that the Product is fit for any particular
purpose. Statements or descriptions are informational only, and not made or given as a
warranty of the Product in any way.C. Any warranty contained in this Agreement does not apply to any Product that has
been repaired or altered outside the Seller's facilities or in any way so as, in the Seller's
judgment, to affect its stability or reliability, or which has been subject to misuse, negligence or
accident. Warranties do not apply to any Product made by Seller that has not been operated in
accordance with Seller's printed instructions or that has been operated beyond the rated
capacity of the Product .D.Any statement made by Seller in the sale of the Product will not create any
warranty that the Product is fit for its ordinary purpose. Statements or descriptions are
informational only, and not made or given as a warranty of the Product in any way.E. Product is being sold to Buyer without any implied warranties of any type, and particularly without any implied warranty of merchantability fitness for a particular purpose.
Buyer will be solely responsible for determining the adequacy of the Product for any and all
uses to which the Buyer applies the Product, and the application of the Product by Buyer will not
be subject to any implied warranty of fitness for that purpose. F. Buyer hereby releases Seller, its officers, directors, employees, agents, and
assigns (collectively Releasees) from all liability to Buyer for any loss or damage to property,
physical injury or death whether caused by Releasees or otherwise that result, directly or
indirectly from the use of Product. Buyer also agrees to indemnify, save and hold Releasees
harmless from any loss, liability, attorneys’ fees, damage, or costs that they (or any of them)
may incur arising out of or related to the use of Product whether caused by the negligence of
the Releasees or otherwise. 3. PaymentBuyer agrees to pay for the Product as follows: $_______________ (dollar amount) in
cash upon the execution of this Agreement, $_______________ (dollar amount) in cash upon
notification that the Product is ready for shipment and the further sum of $_________________
(dollar amount) in cash within ________ (number) days after the Product has been installed or
erected and is ready for power. If the latter amount is not received within such period, all
amounts owing will commence from that date bearing interest at the rate of ________% per
annum. Seller by written notice to Buyer may increase the price to Seller 's list price in effect at
time of shipment. Within _______ (number) days after the receipt of the notice, Buyer shall
have the option of either accepting the increase or canceling the Agreement.4. Freight Charges; Risk of LossBuyer agrees to pay the railway and freight charges on the Product from the point of
shipment to destination, the cost of cartage, the cost of unboxing the Product and the handling
the Product from depot to the floor where the Product is to be installed or erected. The risk of
loss of or damage to the Product shall be on Buyer from point of shipment.5. Limitation of RemediesWith regard to the sale of Product in states that do not honor disclaimers, Buyer agrees
that the sole liability of Seller by virtue of any warranty or guarantee deemed to have been made
by Seller is, at Seller's option, either to make the equipment sold fulfills the warranty, or to
remove the same at the Seller 's own expense, refunding payments made. No warranty made by
Seller shall be binding on Seller after one year from the date of the original installation of the
equipment, and no liability for any special, indirect, or consequential damages of any nature is
assumed by or shall be imposed by Seller based upon its undertakings in this Agreement.6. Transfer of TitleSeller and Buyer agree that title in and to the Product shall remain in Seller until the full
purchase price as provided in this Agreement shall be paid by Buyer. Default by the Buyer in
any of the terms of this Agreement shall give Seller the right to take immediate and
unconditional possession of the Product . Until payment in full, the Product shall remain personal
property, regardless of its method or mode of attachment to realty, if any.7. Force MajeureSeller shall not be liable in any way for delay, non-delivery or default in shipment due to
labor disputes, transportation shortage, delays in receipt of material, priorities, fires, accidents,
and all other causes beyond the control of Seller, affecting Seller or its suppliers. If Seller, in its
sole judgment, shall be prevented directly or indirectly, on account of any cause beyond its
control, from delivering the equipment at the time specified or within one month after the date of
this Agreement, then Seller shall have the right to terminate this Agreement by notice in writing
to Buyer, which notice shall be accompanied by full refund of all sums paid by Buyer pursuant to
this Agreement.8.No Waiver The failure of either party to this Agreement to insist upon the performance of any of the
terms and conditions of this Agreement, or the waiver of any breach of any of the terms and
conditions of this Agreement, shall not be construed as subsequently waiving any such terms
and conditions, but the same shall continue and remain in full force and effect as if no such
forbearance or waiver had occurred. 9. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the
laws of the State of __________________. 10. Notices Any notice provided for or concerning this Agreement shall be in writing and shall be
deemed sufficiently given when sent by certified or registered mail if sent to the respective
address of each party as set forth at the beginning of this Agreement.
11. Attorney’s Fees
In the event that any lawsuit is filed in relation to this Agreement, the unsuccessful party
in the action shall pay to the successful party, in addition to all the sums that either party may be
called on to pay, a reasonable sum for the successful party's attorney fees. 12. Mandatory Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration
of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one
arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall
arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration
Association then in force and effect.
13. Entire Agreement
This Agreement shall constitute the entire agreement between the parties and any prior
understanding or representation of any kind preceding the date of this Agreement shall not be
binding upon either party except to the extent incorporated in this Agreement. 14. Modification of Agreement Any modification of this Agreement or additional obligation assumed by either party in
connection with this Agreement shall be binding only if placed in writing and signed by each
party or an authorized representative of each party. 15. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be
assigned or transferred to any other person, firm, corporation, or other entity without the prior,
express, and written consent of the other party. 16. Counterparts This Agreement may be executed in any number of counterparts, each of which shall be
deemed to be an original, but all of which together shall constitute but one and the same
instrument.
WITNESS our signatures as of the day and date first above stated. _____________________________ (Name of Seller) ________________________ By: ___________________________ (Printed name) ______________________________ (Printed name & Office in Corporation) ________________________ ________________________(Signature of Buyer) (Signature of Officer)
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