COMPANY'S OFFICIAL LETTERHEAD
LETTER OF INTEND WILLING, READY AND ABLE
Please Print Clearly
We, ____________________ (please print) 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
QUANTITY : ________ MT
CONTRACT : For ___ months
DELIVERY : __________ (port), ____________(country).
: Delivery will be
DELIVERY SCHEDULE: By vessel of ___
MODE : ___ C&F / ___ CIF ___FOB (please check)
PRICE : US$ ____.__ / MT: (_________________________)
UNITED STATES DOLLARS PER
PAYMENT : Irrevocable, Transferable, Documentary Letter of Credit, Confirmed,
Revolving as necessarily, issued by an approved G7 bank, payable 100%
at sight against presentation of shipping documents,: for the entire
contract value US$ ________
DOCUMENTS: Following documents
are requested to be presented for payment of each shipment:
a) Clean on board bill of lading marked "freight prepaid" and blank
b) Certificate of weight and quantity issued by S.G.S. or comparable
c) Health certificate, when required
d) Certificate of origin issued by or endorsed by Chamber of Commerce
of the country of origin
e) Signed commercial invoice
f) Master's receipt of all documents except commercial invoice
g) Weight/packing list
1. Seller issues statement to Buyer on price quote, product spec, availability
& delivery window.
2. Buyer issues Letter of Intent and Bank Capability Letter to Genesis
via fax, accepting price.
3. Seller issues Draft Contract for review and acceptance via email
4. Buyer signs and returns the "Draft Contract" via fax, accepting
the terms and conditions.
5. Seller sends to the Buyer hard copies of the Contract for Buyer's
signature via courier. Buyer will return signed hard copies of Contract
via courier, observing, however that fax copies are legally binding.
6. Buyer issues a Letter of Credit to seller's bank, for Seller's approval.
7. Delivery shall commence as per the terms of the contract and the
Letter of Credit.
(Please print the following)
COMPANY : _________________________________________
Address : _________________________________________
Telephone : _________________________________________
Fax : _________________________________________
E-mail : _________________________________________
Person : _________________________________________
Title : _________________________________________
Passport : _________________________________________
Signature : _________________________________________
Buyer's Signature and Seal.
BUYER'S NOTE (IF ANY) : _________________________________________