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  
ORIGIN:  
TOTAL QUANTITY: xxxxx MT (+/-5%);
YEAR QUANTITY xxxxxxx MT (+/-5%);
CONTRACT LENGTH : 12 MONTHS/ SPOT
MONTH QUANTITY XXX,XXX METRIC TONS (+/-5%)
TARGET PRICE:  US$XX.XX PER METRIC TON
PAYMENT TERMS :   xxxxxxxxxxxxxxx.
DELIVERY:   CIF Country/Destination port
SHIPMENTS    XXXXXXXX METRIC TONS (+/-5%);
PACKING     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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