Clearance Contract

Sure, here is a sample clearance contract:

Clearance Contract

This clearance contract (the “Contract”) is entered into by and between [Seller Name] (“Seller”), having a principal place of business at [Seller Address], and [Buyer Name] (“Buyer”), having a principal place of business at [Buyer Address].

WHEREAS, Seller is the owner of certain goods identified as

WHEREAS, Buyer desires to purchase the Goods from Seller;

WHEREAS, Seller and Buyer desire to enter into this Contract to govern the sale and purchase of the Goods and the delivery of the Goods to Buyer.

NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, the parties agree as follows:

1. Sale of Goods. Seller agrees to sell and deliver the Goods to Buyer in accordance with the terms of this Contract.
2. Delivery. Seller shall deliver the Goods to Buyer at the location designated by Buyer. Delivery shall be completed upon Seller’s delivery of the Goods to the carrier for shipment to Buyer.
3. Title and Risk of Loss. Title to the Goods shall pass from Seller to Buyer upon delivery of the Goods to the carrier. Risk of loss shall pass from Seller to Buyer upon delivery of the Goods to the carrier.
4. Inspection and Acceptance. Buyer shall inspect the Goods upon receipt and shall notify Seller within [number] days of receipt if the Goods are not in conformity with the Contract. Buyer’s failure to give such notice shall constitute acceptance of the Goods.
5. Price and Payment. Buyer shall pay Seller the sum of [amount] for the Goods. Payment shall be made [terms of payment].
6. Warranties. Seller warrants that the Goods shall conform to the description set forth in the Contract and shall be free from defects in material and workmanship for a period of [number] days from the date of delivery. If any defect in the Goods is discovered within such period, Buyer shall promptly notify Seller and Seller shall, at its option, either replace the defective Goods or refund the purchase price to Buyer.
7. Limitation of Liability. Seller’s liability under this Contract shall be limited to the purchase price of the Goods. In no event shall Seller be liable for any incidental, consequential, or punitive damages arising out of or relating to this Contract.
8. Governing Law. This Contract shall be governed by and construed in accordance with the laws of the [State/Country] without giving effect to any choice or conflict of law provision or rule.
9. Entire Agreement. This Contract constitutes the entire agreement between the parties with respect to the sale and purchase of the Goods and supersedes all prior negotiations, representations, and understandings between the parties.
10. Counterparts. This Contract may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties have executed this Clearance Contract as of the date first above written.

Seller: [Signature] [Name] [Title] [Date]

Buyer: [Signature] [Name] [Title] [Date]