This form is intended for use in a sale of goods transaction between a seller in the United States and a purchaser in a foreign country. This form is drafted from the seller's perspective and covers the terms and conditions of purchases and sales to be made over an extended period. Section Fifteen includes language regarding the buyer's compliance with applicable laws relating to international transactions.
The United Nations Convention on Contracts for International Sale of Goods (CISG) sets forth uniform rules to govern the formation of international sales contracts and the rights and the obligations of the buyer and seller. This agreement is strongly influenced by Article 2 of the Uniform Commercial Code which has been adopted by the 50 States of the U.S., and deals with sales of goods and the obligations and rights of the buyers and sellers.
Lima Arizona Agreement for the International Sale of Goods with a United States Seller is a legal document that governs the sale of goods between a seller based in the United States and a buyer located internationally. This agreement is used to establish clear terms and conditions that both parties must adhere to during the transaction process. The Lima Arizona Agreement for the International Sale of Goods with a United States Seller contains various key provisions such as the description of the goods being sold, the price of the goods, payment terms, delivery terms, inspection and acceptance procedures, warranties, intellectual property rights, dispute resolution, and governing law. It is crucial for both parties to understand and agree upon these terms to avoid any potential conflicts or misunderstandings. There are several types of the Lima Arizona Agreement for the International Sale of Goods with a United States Seller, depending on the specific circumstances and requirements of the parties involved. Some notable variations of this agreement may include: 1. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — FOB (Free on Board) Terms: This type of agreement specifies that the seller is responsible for delivering the goods to the designated port or location specified by the buyer. Once the goods are loaded onto the vessel, the ownership and risk of loss transfer to the buyer. 2. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — CIF (Cost, Insurance, and Freight) Terms: CIF agreements involve the seller arranging and paying for the transportation of the goods to the port of destination, as well as obtaining insurance coverage for the goods while in transit. The seller bears the risk of loss until the goods are delivered to the port. 3. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — Ex Works Terms: In an Ex Works agreement, the seller's responsibility is to make the goods available at their premises or another agreed-upon location. The buyer is responsible for arranging the transportation, insurance, and any necessary export/import formalities from the seller's location. 4. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — Customized Terms: This type of agreement allows the parties to negotiate and incorporate specific terms according to their unique requirements or industry practices. Customized agreements provide flexibility in tailoring the terms to suit the nature of the goods being sold, the market conditions, and the preferences of the buyer and seller. It is crucial to consult with legal professionals experienced in international trade and the Uniform Commercial Code (UCC) to ensure the accuracy and applicability of the Lima Arizona Agreement for the International Sale of Goods with a United States Seller.Lima Arizona Agreement for the International Sale of Goods with a United States Seller is a legal document that governs the sale of goods between a seller based in the United States and a buyer located internationally. This agreement is used to establish clear terms and conditions that both parties must adhere to during the transaction process. The Lima Arizona Agreement for the International Sale of Goods with a United States Seller contains various key provisions such as the description of the goods being sold, the price of the goods, payment terms, delivery terms, inspection and acceptance procedures, warranties, intellectual property rights, dispute resolution, and governing law. It is crucial for both parties to understand and agree upon these terms to avoid any potential conflicts or misunderstandings. There are several types of the Lima Arizona Agreement for the International Sale of Goods with a United States Seller, depending on the specific circumstances and requirements of the parties involved. Some notable variations of this agreement may include: 1. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — FOB (Free on Board) Terms: This type of agreement specifies that the seller is responsible for delivering the goods to the designated port or location specified by the buyer. Once the goods are loaded onto the vessel, the ownership and risk of loss transfer to the buyer. 2. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — CIF (Cost, Insurance, and Freight) Terms: CIF agreements involve the seller arranging and paying for the transportation of the goods to the port of destination, as well as obtaining insurance coverage for the goods while in transit. The seller bears the risk of loss until the goods are delivered to the port. 3. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — Ex Works Terms: In an Ex Works agreement, the seller's responsibility is to make the goods available at their premises or another agreed-upon location. The buyer is responsible for arranging the transportation, insurance, and any necessary export/import formalities from the seller's location. 4. Lima Arizona Agreement for the International Sale of Goods with a United States Seller — Customized Terms: This type of agreement allows the parties to negotiate and incorporate specific terms according to their unique requirements or industry practices. Customized agreements provide flexibility in tailoring the terms to suit the nature of the goods being sold, the market conditions, and the preferences of the buyer and seller. It is crucial to consult with legal professionals experienced in international trade and the Uniform Commercial Code (UCC) to ensure the accuracy and applicability of the Lima Arizona Agreement for the International Sale of Goods with a United States Seller.
