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Form 10

The document is a letter of intent for the purchase of a commodity. It specifies details of the commodity, quantities, pricing, delivery terms, payment terms, and procedures for negotiating a contract including issuing a purchase order, signing a contract, opening a letter of credit, and shipment. It also provides contact information for both the buying and selling companies as well as authorization for the seller to verify funds.

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Muhamad Azizi
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128 views1 page

Form 10

The document is a letter of intent for the purchase of a commodity. It specifies details of the commodity, quantities, pricing, delivery terms, payment terms, and procedures for negotiating a contract including issuing a purchase order, signing a contract, opening a letter of credit, and shipment. It also provides contact information for both the buying and selling companies as well as authorization for the seller to verify funds.

Uploaded by

Muhamad Azizi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Letter of Intent (LOI (

Date: day/month/year
Ref. No :
To: whom it may concern
Through :
I ..under signed, as anaging Director of (com!any name here" here#y
confirm with fu$$ $ega$ and cor!orate res!onsi#i$ity and under !ena$ty of !er%ury that we
are ready, wi$$ing and a#$e to enter into a contract for the !urchase of the fo$$owing
commodity as s!ecified #e$ow and that funding is a&ai$a#$e inc$uding any
im!ort/e'!ort !ermits needed to fu$fi$$ the !urchase of the commodity as s!ecified
#e$ow. ($so, here#y we introduce our e'c$usi&e !urchase re!resentati&e as s!ecified
#e$ow for this !urchase #y which any negotiations #y the su!!$iers must #e hand$ed
and fina$i)ed*
+ommodity:
Origin:
,!ecifications:
-ac.aging:
Tota$ /uantity:
0uantity !er month:
Target -rice:
Destination -ort:
Terms of de$i&ery:
-ayment:
Our +om!any Information:
1. +om!any Name:
2. +om!any Origin:
3. +om!any Registration Num#er in the country of origin:
4. +om!any (ddress:
Our -urchasing Re!resentati&e for (#o&e +ommodity:
1. +om!any Name:
2. +ountry of Origin:"
3. +om!any Registration Num#er in the +ountry of Origin:
5. +om!any (ddress:
+om!any Te$e!hone:
Te$e!hone 6a':
-rocedures:
1. 7uyer su#mits LOI a$$owing soft !ro#e or LOI 8 7+L.
2. ,e$$er issues 6+O.
3. 7uyer returns signed and stam!ed 6+O.
4. ,e$$er issues +ontract with fu$$ #an.ing.
5. 7uyer and ,e$$er sign and e'change contracts.
9. ,e$$er !ro&ides -roof of -roduct.
:. 7uyer;s 7an. o!ens Letter of +redit.
<. ,hi!ment commences as !er contract.
=e understand that any and a$$ offer and/or contracts are su#%ect to successfu$ ,e$$er
&erification of funds a&ai$a#i$ity. =e here#y gi&e our written !ermission for the ,e$$er to
conduct a soft !ro#e of our account and that our 7an. has #een informed to this
effect.
,ignature
-erson Name
anaging Director
+om!any name

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