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SUBSTITUTE FOR YOUR LETTER HEAD
ADDRESS:
XXXXXXXXXXXXXXXXXXXXXXXXXX
TELEPHONE: +XXX XXXXXXXX,
FAX: +XXX XXXXXXXXXX
EMAIL:
XXXXXXXX@XXXXXXXXX.XXX
To the SELLER
LOI No …………………………
ISSUED DATE..….. , XXXXXXXX, 2007
VALID UNTIL
..….. , XXXXXXXX, 2007
LETTER OF INTENT (LOI)
DEAR SIRS,
WE, "XXXXXXXXXXXXXXXXXXXXXX", AS THE BUYER, WITH FULL CORPORATE
RESPONSIBILITY, UNDER PENALTY OF PERJURY, CONFIRM THAT WE ARE READY AND ABLE
TO BUY THE FOLLOWING PRODUCT IN TERMS AND CONDITIONS:
| COMMODITY |
|
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ORIGIN: |
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TOTAL QUANTITY: |
xxxxx MT (+/-5%); |
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YEAR QUANTITY |
xxxxxxx MT (+/-5%); |
|
CONTRACT LENGTH : |
12 MONTHS/ SPOT |
|
MONTH QUANTITY
|
XXX,XXX METRIC TONS (+/-5%) |
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TARGET PRICE:
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US$XX.XX PER METRIC TON |
|
PAYMENT TERMS :
|
xxxxxxxxxxxxxxx. |
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DELIVERY:
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CIF Country/Destination port |
|
SHIPMENTS
|
XXXXXXXX METRIC TONS (+/-5%); |
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PACKING
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BULK/ CONTAINERIZED |
PERFORMANCE BOND: 2%
INSPECTION AT PORT OF LOADING:
QUALITY, QUANTITY, WEIGHT, & PHOTO BY SGS OR
EQUIVALENT AT SELLER'S COST.
INSPECTION AT PORT OF UN LOADING SGS OR EQUIVALENT FOR
QUALITY, QUANTITY, WEIGHT AT BUYER'S COST
THE BOTH HE INSPECTIONS MUST BE ADVENTITIAL IN THEIR FINDINGS
CARGO INSURANCE: AT THE SELLER’S EXPENSES
SPECIFICATIONS: ISRI XXXXXXXXXXX,
Dirt, dust and impurities are not more than 0.5 % of total weight. The Goods
will be totally free from any types of radiation, bombs, arms and
ammunition, mines, shell, cartridges, sealed containers, gas cylinders,
explosive shell or explosive materials in any form either used
BUYER’S INFORMATION:
| NAME OF THE COMPANY: |
XXXXXXXXXXXXXXX |
| CONTACT PERSON: |
XXXXXXXXXXXXXXX |
| COMPANY REGISTRATION No: |
XXXXXXXXXXXXXXX |
| COMPANY ADDRESS: |
XXXXXXXXXXXXXXX |
| TELEPHONE:
|
XXXXXXXXXXXXXXX |
| CELL PHONE:
|
XXXXXXXXXXXXXXX |
| FAX:
|
XXXXXXXXXXXXXXX |
| EMAIL:
|
XXXXXXXXXXXXXXX |
ISSUING BANKING INFORMATION:
| BUYER’S BANK NAME:
|
XXXXXXXXXXXXXXX |
| BANK ADDRESS:
|
XXXXXXXXXXXXXXX |
| ACCOUNT NUMBER: |
XXXXXXXXXXXXXXX |
| ACCOUNT NAME:
|
XXXXXXXXXXXXXXX |
| BANK OFFICER NAME: |
XXXXXXXXXXXXXXX |
| TELEPHONE:
|
XXXXXXXXXXXXXXX |
| FAX: |
XXXXXXXXXXXXXXX |
| SWIFT:
|
XXXXXXXXXXXXXXX |
| EMAIL:
|
XXXXXXXXXXXXXXX |
CONFIRMING BANKING INFORMATION:
| CONFIRMING BANK NAME: |
XXXXXXXXXXXXXXX |
| BANK ADDRESS:
|
XXXXXXXXXXXXXXX |
| BANK OFFICER NAME: |
XXXXXXXXXXXXXXX |
| TELEPHONE:
|
XXXXXXXXXXXXXXX |
| FAX: |
XXXXXXXXXXXXXXX |
| SWIFT:
|
XXXXXXXXXXXXXXX |
| EMAIL:
|
XXXXXXXXXXXXXXX |
SPECIAL CONDITIONS:
1- WE AUTHORIZE OUR BANK TO ALLOW A SOFT PROBE IN THIS LOI.
2- THIS LETTER OF INTENT IS SUBJECT TO FINAL APPROVAL AND AGREEMENT BY BOTH
SELLER AND BUYER AND ALL THE TERMS AND CONDITIONS HEREIN AS WELL AS THE
SUBSEQUENT CONTRACT OF SALE INCLUDING ANY AMENDMENTS OR VARIATIONS THEREOF,
ALL OF WHICH HAVE TO BE REDUCED IN WRITING AND SIGNED BY BOTH PARTIES
HERETO.
THE BUYER: XXXXXXXXXXXXXXXXXXXXXX
Represented by: Mr. XXXXXXXXXXXXXXX
DIRECTOR/PRESIDENT/CEO
Buyer’s signature,
Stamp Seal
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