In addition, all the benefits of this purchase agreement are for the sole benefit of the parties concerned and, under no circumstances may a third party beneficiary participate in this contract under the applicable conditions. PandaTip: This section of the presentation presents the purchase price, acquisition costs and interest related to the sale of the company. If you know that you want to buy or sell certain goods, but you have not agreed on all the details or are not willing to sign a sales contract, you can first sign a memorandum of understanding to describe the terms and negotiation agreement. If one of the parties fails to fulfil the obligations arising from this Purchase Agreement on the agreed dates, this Contract will be cancelled and all deposits and funds will be returned to the Paying Party. Here are some examples of potential sellers and buyers who need to use this agreement.