Professional Documents
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ATIF INTERNATIONAL LIMITED of Post Office Box Number 2003-80100, Mombasa (hereinafter “The Vendor”) on part;
AND
WHEREAS :
( a ) : The Vendor is the proprietor of the following Motor Vehicle ,
MAKE : TOYOTA MODEL : HIACE
CHASSIS # : TRH200-0190691 ENGINE # : 1TR-1374873
ENGINE CAPACITY : 1990CC COLOR : WHITE
YEAR OF MANUFACTURING : 2014/01 REGISTRATION # :
The Vendor agrees to sell and The Purchaser agrees to purchase the Motor Vehicle ( as it is ) in accordance
( b ) : with the terms and conditions of this agreement.
THE VEHICLE IS FULLY INSPECTED AND CHECKED OUT BY MECHANIC / CLIENT THAT ITS OK AND NO CLAIM
WILL BE ALLOWED AND THE COMPANY WILL NOT TAKE RESPOSIBLITY AFTER THE CAR IS OUT OF THE
GATE.
2. The Purchaser shall other than the purchase price shall also remit to the Vendor the following amounts upon the signing of this
agreement:
(a) Car Tracker charges N/A
(b) _____________________
3. The Purchaser agrees to purchase the Motor Vehicle on an “as it is” basis and agrees that the Vendor does not give any guarantees
whatsoever to the Purchaser in respect the Motor Vehicle.
4. The Purchaser agrees that upon the signing of this agreement, be deemed to have fully inspected the Motor Vehicle, has
acknowledged that the same is in proper condition and has taken possession of the Motor Vehicle on an as it is basis and therefore the
Purchaser shall not have any future claims against the Vendor on the condition and/or status of the Motor Vehicle.
5. The Purchaser agrees to take immediately upon taking possession of the Motor Vehicle, to take out a comprehensive insurance cover
at an Insurance Company of choice and until the Motor Vehicle is transferred to the Purchaser, the Purchaser shall fully abide by the
conditions of the policy, in particular the full and proper payments of the insurance premium/s.
6. The Purchaser shall strictly abide by the payment schedule of Clause 1 (b) and should the Purchaser fail to pay any instalment by the
time indicated, the Vendor shall have the right to immediately repossess the Motor Vehicle and the deposit paid together with any other
amounts paid by the Purchaser shall be absolutely forfeited to the Vendor.
7. Should the Vendor repossess the Motor Vehicle on account of the Purchasers default as indicated at Clause 5 of this agreement, then
the Vendor shall have the right, at its discretion to decide whether to re-sell the Motor Vehicle.
8. Upon the Purchaser taking possession of the Motor Vehicle, all and any claims, proceedings, losses and damages of whatsoever and
howsoever nature arising in connection with the Motor Vehicle shall solely and fully be the responsibility of the Purchaser.
9. Should the Vendor in any instance be found liable in respect of any claims, proceedings, losses and damages of whatsoever and
howsoever nature arising in connection with the Motor Vehicle, then the Purchaser agrees to accordingly and fully indemnify the Vendor.
10. The Vendor cannot in any way or instance be deemed to have authorized Purchaser, prior to the full payment of the purchase price, to
sell or in any manner to purport to transfer, assign or part with possession or the interest which the Purchaser has in the Motor Vehicle
including but not limited to selling of the Motor Vehicle.
11. Upon full payment of the purchase price by the Purchaser in line with the provisions of this agreement, the Vendor shall be obligated
to ensure the transfer of the Motor Vehicle into the Purchaser’s name, however the Purchaser shall solely and fully be responsible for all
charges, costs or further obligations involved in effectuating the transfer.
SIGN SIGN