Textile Wholesale Contract Agreement Template
This template for a textile wholesale contract agreement is designed to ensure that all parties involved in the transaction understand their rights and responsibilities. It includes important provisions such as the contract date, the parties to the agreement, the terms of payment, and the schedule of deliveries. Additionally, it outlines the warranties and guarantees provided by the seller, as well as any penalties or liquidated damages that may be incurred for breaches of contract. By using this template, you can ensure that your textile wholesale agreement is clear, concise, and legally binding.
Party A (hereinafter referred to as "the Seller") andParty B (hereinafter referred to as "the Buyer") hereby agree to enter into a textile wholesale contract in accordance with the following terms and conditions:
1. Contract Scope
This contract is for the wholesale of textiles, including but not limited to fabrics, yarns, and accessories. The specific products and quantities to be covered by this contract shall be as specified in the product list attached hereto.
2. Contract Period
The contract period shall be from the date of execution of this agreement to the end date specified in the product list.
3. Product Quality and Specifications
The Seller shall ensure that the products provided to the Buyer are of high quality and meet the specifications set out in the product list. All products shall be free from defects in material and workmanship.
4. Packaging and Shipping
The Seller shall be responsible for the packaging and shipping of the products to the Buyer. The cost of packaging and shipping shall be borne by the Seller. The Buyer may request specific packaging or shipping arrangements, which shall be confirmed by the Seller before dispatching the products.
5. Payment Terms
The Buyer shall make payment to the Seller by way of a letter of credit or other agreed payment method. The payment terms and schedule shall be confirmed by both parties before execution of this agreement.
6. Contract Amendment and Termination
This contract may be amended or terminated by mutual agreement of both parties. In case of termination, the Seller shall refund to the Buyer any advance payment received and the parties shall settle all outstanding liabilities.
7. Dispute Resolution
Any dispute arising out of or in connection with this contract shall be settled by negotiation or mediation between the parties. If no settlement can be reached, either party may seek assistance from a court of competent jurisdiction. All disputes shall be subject to the laws of the place where this agreement is executed.
8. Confidentiality
Both parties shall keep confidential all information related to this contract which is not in the public domain at the time of execution of this agreement. Neither party shall disclose any confidential information to any third party without the written consent of the other party.
9. General Provisions
This agreement is made in duplicate, one copy for each party, and shall be signed by authorized representatives of both parties. This agreement is binding on both parties and their respective successors and assigns. All notices or communications under this agreement shall be made in writing and delivered to the respective addresses specified by the parties or their respective representatives. All taxes, duties, and other charges related to this contract shall be borne by the respective parties as prescribed by law or regulations. All disputes or claims arising out of or in connection with this agreement must be filed within one year from the date of execution of this agreement or they shall be deemed waived. All amendments or modifications to this agreement must be in writing and signed by authorized representatives of both parties before they become effective. All terms and conditions of this agreement are severable and if any term or condition is held to be invalid, illegal, or unenforceable by any court of competent jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or condition of this agreement which shall remain in full force and effect. This agreement may not be assigned by either party without the written consent of the other party except as provided herein or in connection with a merger, consolidation, or reorganization of either party or its holding company which results in a change of control of either party or its holding company from which such change in control results in a substantial change in ownership or control of either party or its holding company such that neither party will have any material interest in the business being conducted by the other party prior to such change in ownership or control and such that neither party will have any material interest in such business following such change in ownership or control.
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