LETTER OF INTENT
N.RAMESH
(Querist) 03 April 2010
This query is : Resolved
DEAR FRIENDS
COULD YOU KINDLY BLANK LETTER OF INTENT FORMAT
THANKS & REGARDS
N RAMESH
A V Vishal
(Expert) 03 April 2010
LETTER OF INTENT (TEXT AND FORMAT)
TO BE ISSUED ON THE BUYER S LETTER HEAD DULY SIGNED & SEALED TO:
LETTER OF INTENT TO BUY ________________________
WE, THE UNDERSIGNED _______________________________, ACTING WITH FULL LEGAL AND CORPORATE AUTHORITY AND RESPONSIBILITY CONFIRM THAT WE ARE READY,WILLING AND ABLE TO ENTER INTO A CONTRACTUAL AGREEMENT WITH THE SELLER TO PURCHASE THE FOLLOWING COMMODITY:
COMMODITY : ________________________
ORIGIN : ________________________
SPECIFICATIONS : ________________________
QUANTITY : ________________________
PACKING : ________________________
PRICE : US.$_________PER METRIC TON ( FOB or CIF FO )
DESTINATION : ________________________
DELIVERY : ________________________
PAYMENT TERMS : ________________________
PERFORMANCE BOND : 2% of L/C value
INSPECTION : QUALITY, QUANTITY, WEIGHT, & PHOTO BY SGS OR EQUIVALENT AT SELLER'S COST AT PORT OF LOADING.
BUYER BANK COORDINATES:BANK NAME:___________________ TEL.NO. :___________________
ADDRESS: ________________________ TELEX: ___________
COUNTRY: ________________________ FAX NO. :_________
CITY: ________________ACCOUNT NO. :_________________
BANK OFFICER: ________ACCOUNT NAME:_________________
SWIFT CODE: _______________________
IF THE ISSUING BANK IS NOT A TOP PRIME BANK THEN ADD THE BELOW DATA OF CONFIRMING BANK.
CONFIRMING BANK
BANK NAME: __________ TEL. NO. : _________________
ADDRESS: ________________TELEX: _________________
COUNTRY: ________________FAX NO. : _______________
CITY: ___________________ACCOUNT NO. :____________
BANK OFFICER: ___________ACCOUNT NAME:____________
SWIFT CODE: ________________________
WE UNDERSTAND THAT ANY AND ALL OFFERS AND/OR CONTRACT ARE SUBJECT TO SUCCESSFUL SELLER VERIFICATION OF FUNDS AVAILABILITY. WE HEREBY GIVE PERMISSION FOR THE SELLER TO CONDUCT A SOFT PROBE OF OUR ACCOUNT.
SIGNED BY THE BUYER
(DESIGNATION & COMPANY SEAL)