Common use of Sale of Relevant Xxxxx'ah Compliant Assets Clause in Contracts

Sale of Relevant Xxxxx'ah Compliant Assets. 1.1 The Seller hereby sells to the Buyer and the Buyer hereby purchases the Relevant Xxxxx'ah Compliant Assets for delivery to the Buyer on the Purchase Date and for payment by the Buyer of the Payment Amount (together with any applicable VAT) on the Payment Date, into the account number [ ] of the Seller, such Payment Amount being comprised of Cost Price plus Profit, where: (i) Cost Price is [ ]; and (ii) Profit is [ ]. 1.2 Details of the Relevant Xxxxx'ah Compliant Assets are as follows: [details]28 1.3 The Seller represents and warrants to the Buyer that the title to the Relevant Xxxxx'ah Compliant Assets is free and clear of any encumbrance whether or not created by or through or as a result of any action or inaction of the Seller and the Buyer acknowledges that the Relevant Xxxxx'ah Compliant Assets are being sold on an "as is where is" basis without any other representation or warranty whatsoever whether arising by implication, by law or otherwise and without prejudice to the generality of the foregoing, without any warranties as to condition, merchantability, fitness for purpose, and adequacy of use of whatever nature from the Seller. Each of the Seller and the Buyer acknowledges that any such representation or warranty is expressly excluded to the extent permitted by law. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Transaction.

Appears in 1 contract

Samples: DFT Terms Agreement

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Sale of Relevant Xxxxx'ah Compliant Assets. 1.1 The Seller hereby sells to the Buyer and the Buyer hereby purchases the Relevant Xxxxx'ah Compliant Assets for delivery to the Buyer on the Purchase Date and for payment by the Buyer of the Payment Amount (together with any applicable VAT) on the Payment Date, into the account number [ ] of the Seller, such Payment Amount being comprised of Cost Price plus Profit, where: (i) Cost Price is [ ]; and (ii) Profit is [ ]. 1.2 Details of the Relevant Xxxxx'ah Compliant Assets are as follows: [details]28details]25 1.3 The Seller represents and warrants to the Buyer that the title to the Relevant Xxxxx'ah Compliant Assets is free and clear of any encumbrance whether or not created by or through or as a result of any action or inaction of the Seller and the Buyer acknowledges that the Relevant Xxxxx'ah Compliant Assets are being sold on an "as is where is" basis without any other representation or warranty whatsoever whether arising by implication, by law or otherwise and without prejudice to the generality of the foregoing, without any warranties as to condition, merchantability, fitness for purpose, and adequacy of use of whatever nature from the Seller. Each of the Seller and the Buyer acknowledges that any such representation or warranty is expressly excluded to the extent permitted by law. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Transaction.

Appears in 1 contract

Samples: DFT Terms Agreement

Sale of Relevant Xxxxx'ah Compliant Assets. 1.1 The Seller hereby sells to the Buyer and the Buyer hereby purchases the Relevant Xxxxx'ah Compliant Assets for delivery to the Buyer on the Purchase Date and for payment by the Buyer of the Payment Amount (together with any applicable VAT) on the Payment Date, into the account number [ ] of the Seller, such Payment Amount being comprised of Cost Price plus Profit, where: (i) Cost Price is [ ]; and (ii) Profit is [ ]. 1.2 Details of the Relevant Xxxxx'ah Compliant Assets are as follows: [details]28details]29 1.3 The Seller represents and warrants to the Buyer that the title to the Relevant Xxxxx'ah Compliant Assets is free and clear of any encumbrance whether or not created by or through or as a result of any action or inaction of the Seller and the Buyer acknowledges that the Relevant Xxxxx'ah Compliant Assets are being sold on an "as is where is" basis without any other representation or warranty whatsoever whether arising by implication, by law or otherwise and without prejudice to the generality of the foregoing, without any warranties as to condition, merchantability, fitness for purpose, and adequacy of use of whatever nature from the Seller. Each of the Seller and the Buyer acknowledges that any such representation or warranty is expressly excluded to the extent permitted by law. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Transaction.

Appears in 1 contract

Samples: DFT Terms Agreement

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Sale of Relevant Xxxxx'ah Compliant Assets. 1.1 The Seller hereby sells to the Buyer and the Buyer hereby purchases the Relevant Xxxxx'ah Compliant Assets for delivery to the Buyer on the Purchase Date and for payment by the Buyer of the Payment Amount (together with any applicable VAT) on the Payment Date, into the account number [ ] of the Seller, such Payment Amount being comprised of Cost Price plus Profit, where: (i) Cost Price is [ ]; and (ii) Profit is [ ]. 1.2 Details of the Relevant Xxxxx'ah Compliant Assets are as follows: [details]28details]30 1.3 The Seller represents and warrants to the Buyer that the title to the Relevant Xxxxx'ah Compliant Assets is free and clear of any encumbrance whether or not created by or through or as a result of any action or inaction of the Seller and the Buyer acknowledges that the Relevant Xxxxx'ah Compliant Assets are being sold on an "as is where is" basis without any other representation or warranty whatsoever whether arising by implication, by law or otherwise and without prejudice to the generality of the foregoing, without any warranties as to condition, merchantability, fitness for purpose, and adequacy of use of whatever nature from the Seller. Each of the Seller and the Buyer acknowledges that any such representation or warranty is expressly excluded to the extent permitted by law. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Transaction.

Appears in 1 contract

Samples: DFT Terms Agreement

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