Sale & Purchase Contract
Executing the contract terms & conditions
On the basis a final sample is accepted by the buyer, and the payment terms are accepted by the seller, then both parties have accepted the trade unconditionally.
Resulting from this acceptance, a Sale & Purchase Contract is issued and signed, and becomes a legally binding agreement between the parties identified. In addition to the contract detailing the agreed offer, acceptance, product details and terms, it specifies a number of legally binding clauses to which the buyer and seller are bound. These contract clauses include, but are not limited to; legal jurisdiction, mediation and force majeure.
VINEX issues the Sale & Purchase Contract to both parties to formally execute, and complete the purchase, supply and payment transactions as detailed.
Following execution of the contract, the terms of sale and purchase can only be altered or the contract disolved with the written consent of both parties.
IMPORTANT INFORMATION
VINEX facilitates the trade process. VINEX is not a party to the contract.