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| LETTER OF INTENT |
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| FOLLOWING IS A SAMPLE LETTER OF INTENT |
FOLLOWING IS A SAMPLE LETTER OF INTENT TO BE COMPLETED ON BUYER'S LETTERHEAD IRREVOCABLE LETTER OF INTENT / PURCHASE ORDER We, (NAME OF COMPANY), hereby confirm with full responsibility and under penalty of perjury that we are prepared to enter into contract for the purchase of the following commodity as specified below and that funding is available including any export permits needed to fulfill this purchase; PRODUCT: SPECIFICATIONS: QUANTITY: DESTINATION PORT: DELIVERY TERMS: (i.e. spot - 1-2-6-12 months) SIZE OF SHIPMENTS: (i.e. 5,000 - 15,000 - 50,000 MT) PACKING: (i.e. Bulk, 50 kg bags or Jumbo bags) DISCHARGE RATE: (i.e. 1,000 mt per day shex or shinc) TARGET PRICE: PAYMENT METHODS: (i.e. 100% funded LC, Revolving LC w/10% Blocked, SLC) PERFORMANCE BOND: BUYER'S BANK COORDINATES: BANK CONFIRMATION OF THE AVAILABILITY OF THE FUNDS: ___________________________________ Buyer's signature, Title |
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