LOI Letter of Intent

Dear Ms.
________,
Letter of Intent (the “Letter”) is addressed to you to set forth the mutual interest of LIMITED
(“BUYER”) and SHINNING/YOKCHEE(“SELLER”), regarding the proposed acquisition of
goods (as defined below) owned by the SELLER. This Letter is therefore executed to summarize
the discussion to date regarding the purchase of goods (“Transaction”) to confirm the respective
intentions of the parties with respect to the said purchase.
BUYER is multiple clients globally to source and purchase 3M N95 1860
TRANSACTION
BUYER intends to purchase from SELLER the following goods, requirements, and
specifications (to be agreed according to BUYER’s requirements):
Description of Goods Quantity
- 3M N95 1860 10 million

Note: if any
The contents of this Letter and its terms and conditions are to be included in a future definitive
sales agreement. Other representations, warranties, and conditions agreed upon by the parties
shall be included as well. The BUYER and SELLER shall hereby agree that it is in their interest
to bring to fruition the transaction and are both expected to negotiate in good faith the sales
agreement.
PURCHASE PRICE: CIF to any country at Maximum 5 US Dollars Per Mask or whatever
better price SELLER is able to extend to BUYER.
DELIVERY OF GOODS: SELLER shall ship/deliver the goods after 7-10 Business Days by
air freight. Title to goods and risk of loss shall pass to BUYER upon receiving of shipment at the
specific airport.
Quality of Stock: An SGS personnel or Third Party Certification Company of the client’s choice
must be appointed to certify that the stock is legitimate before BUYER pays in full.
WARRANTIES: BUYER shall purchase goods on an “as is” basis, and SELLER expressly
disclaims warranties.
EXPENSES: Each party shall be held responsible for the costs and expenses associated in the
negotiation of the transaction, including the execution of the provisions as shown in the Letter as
well as the future sales agreement.
TERMINATION: This Letter shall automatically be terminated without liability upon the
earlier of the following:
A. The execution of sales agreement;
B. The mutual written agreement between the BUYER and the SELLER; or
C. Expires on April 17th 2020.
OTHER MATTERS: the contents of this Letter and discussions between the parties are
confidential and shall not be disclosed to any third party. The BUYER and SELLER shall work
exclusively for a period of [30] days (“Exclusivity Period”) from the date the SELLER
countersigns the Letter.
GOVERNING LAWS: This Letter as well as all matters there to shall be governed by and
construed in accordance with the governing laws of Hong Kong and Thailand, and shall thereby
not conflict with existing laws and principles.
NON-BINDING AGREEMENT: This Letter is intended as a reflection of the intention of both

parties and neither this Letter nor its acceptance shall constitute nor create a legally binding or
enforceable contract on any party, except with regard to expenses, termination, Exclusivity
Period, confidentiality and governing law, which shall constitute a legally binding and
enforceable contract between the parties. Neither agreement nor obligation regarding the said
transaction shall be deemed to exist between parties and any of their respective affiliates, unless
and until the sales agreement shall have been executed and delivered, and only in accordance
with the terms and conditions as stated in such sales agreement.
MISCELLANEOUS: This Letter contains in its entirety the understanding between BUYER
and SELLER and supersedes all previous agreements, if any. This Letter may be amended,
supplemented, or otherwise modified only in writing and when signed by duly authorized
representatives of each party. This Letter may be executed in counterparts, each of which shall
be deemed an original, all of which, together, shall constitute one and the same document.
If the foregoing terms and conditions are deemed acceptable, please sign and return this Letter to
the undersigned.

LOI Letter of Intent

Uploaded by

Copyright:

Available Formats

LOI Letter of Intent

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

LOI Letter of Intent

Uploaded by

Copyright:

Available Formats

Dear Ms.

BUYER is multiple clients globally to source and purchase 3M N95 1860

Description of Goods Quantity

- 3M N95 1860 10 million

NON-BINDING AGREEMENT: This Letter is intended as a reflection of the intention of both

You might also like