A commercial purchase contract is an official document entered between the two interested companies to commence the purchasing relationship for some commercial purpose. Such a contract includes official commitment clauses, commercial purchase details and term & conditions.
Sample Commercial Purchase contract:
Contract number: 79/ CPC
Date: February 12th, 2011
This contract is made & registered between Eagle Manufactures Pvt. Ltd, Address: Plot No: 45, Industrial Area: A, Salt Lake City, New York, America, hereinafter known as the manufacture party
Greenvale Sales Pvt. Ltd, Address: office No: 23, 3rd floor, Cascade Plaza, New York, America, hereinafter known as the purchasing party
Whereas the purchasing party is willing to purchase the products for the commercial purpose and the manufacture party is agreed to sell its product to the purchasing party.
This contract is commencing from February 14th, 2011 and is ending on February 14th, 2012.
Term & Conditions:
Official commitment clause:
The manufacture party will deliver the batch of newly produced cosmetic products after receiving the 50% of the total payment every month, whereas the pending 50% will be done within 3-4 days after the delivery of the products.
The purchasing party will make the payment on time and will receive the payment receipt for every payment. The contract documentation fee will be adjusted by both the parties.
If any kind of monetary dispute is encountered, this contract will be considered as cancelled. In this situation, the guilty party will be charged with $ 4500 as a settlement allowance.
Validation of the Commercial Purchase Contract:
Manufacture Party: Purchasing Party:
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