LOI

 

 

 

(printed on COMPANY'S OFFICIAL LETTERHEAD paper)

 

 

 

LETTER OF INTENT

 

 

 

Date: _______________________________________________

We, __________________­­­­­­­­­­­­­­­­­­­­­­­________________________________________________________________________________________________________________________  

(Buyer’s company name)

 

acting as Buyer, confirm with full legal and corporate responsibility under penalty of perjury, that we are ready, willing and able to buy under the following terms and conditions :

PRODUCT :

QUANTITY : __________________________ MT

CONTRACT : For ________ months

DELIVERY :  ________________________ (port), _________________________(country).

 

DELIVERY BASIS :  ___ C&F / ___ CIF ___FOB  (please choose)

PRICE :  US$ ____.__ / MT: (_____________________________________________________UNITED STATES DOLLARS PER METRIC TON)

PAYMENT (please choose from the payment methods specified bellow) :

 

• Irrevocable, Transferable, Documentary Letter of Credit, Confirmed, Revolving as necessarily, issued by ___________________________ bank, payable 100% at sight against presentation of shipping documents: for the contract value US$ ________
• Bank Wire Transfer payable 100% in advance according to the Proforma Invoice for every consequent lot of shipment, as per Shipment Schedule specified in the Contract.

 

(Please print the following)

COMPANY (BUYER) : _________________________________________
Address : _________________________________________
Telephone : _________________________________________
Fax : _________________________________________
E-mail : _________________________________________
Rrepresented by (person signing the Contract) : _________________________________________
Title/position : _________________________________________

Buyer's Signature and Seal:

 

 

 

BUYER'S NOTE (if any) : ___________________________________

 

 

 

 

(printed on BANK'S LETTERHEAD paper)

 

Date : ____________________
To :
Attn. :
Ref. :
Buyer's Code : ____________________________

Dear Sir,


We are informed that our client Mr.__________________________________________
President of ___________________________ ,would like to purchase ________ MT of ______________________________________at US$ _________._____________ / MT (____________________________________ UNITED STATES DOLLARS PER METRIC TON) _______ C&F / ___CIF __________________ (Port), ____________ (Country), for a total of US$_______________________._________ (UNITED STATES DOLLARS) with deliveries of __________________ MT.

We understand that payment is to be by : IRREVOCABLE, DOCUMENTARY, TRANSFERABLE, LETTER OF CREDIT, CONFIRMED OR ISSUED BY G7 BANK, REVOLVING AS NECESSARY, PAYABLE 100% AGAINST PRESENTATION OF SHIPPING DOCUMENTS, FOR THE ENTIRE CONTRACT VALUE OF US$ ___________________.

This letter does not assume any financial liability or any contractual relationship with the parties, is just to inform you that the Buyer has the financial capacity to cover US $ ___________________ and to issue such payment instrument, should they contract for the purchase of the ________ MT.

The buyer transaction code # _____________________ has been assigned to this purchase to be attached to the Seller's Contract.

Account name : ______________________________________
Account number : ___________________________________
Bank name : ______________________________________
Bank address :