PLAYBOOK TEMPLATES
Purchasing Terms and Conditions
Purchasing Terms and Conditions outline the baseline commercial and legal framework for buyers when acquiring goods or services. This playbook guides you through essential clauses like payment, delivery, and liability, ensuring consistent protection across suppliers.
General Commercial Contracts
Issue & Concept List
Scope of Deliverables
Payment Terms
Term and Termination
Liability and Indemnities
Confidentiality and Data Security
Intellectual Property Ownership
Representations and Warranties
Dispute Resolution
Insurance Requirements
Force Majeure Events
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What you get in this playbook
1
Scope of Deliverables
Defines the specific services or goods to be provided under the contract.
2
Payment Terms
Establishes pricing, invoicing schedules, and payment methods for the transaction.
3
Term and Termination
Specifies contract duration, renewal provisions, and termination rights for convenience and cause.
4
Liability and Indemnities
Sets limits on financial exposure and outlines indemnification obligations and exceptions.
5
Confidentiality and Data Security
Covers the handling, protection, and permitted use of confidential information and personal data.
6
Intellectual Property Ownership
Addresses ownership and licensing of pre-existing and newly created intellectual property.
7
Representations and Warranties
Lists assurances each party makes regarding authority, compliance, and other material facts.
8
Dispute Resolution
Determines the applicable law, jurisdiction, and mechanisms for resolving disagreements.
9
Insurance Requirements
Specifies required insurance coverage types, limits, and additional insured provisions.
10
Force Majeure Events
Defines events beyond control that excuse performance and sets notification requirements.
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