Letter_of_Intent_LOI
LETTER OF INTENT (LOI) FOR PURCHASE
This Letter of Intent sets forth the principal terms and mutual understanding between the Prospective Buyer and the Supplier regarding potential commercial transactions.
Article 1 Purpose of LOI
1.1 The parties intend to enter into definitive commercial contracts for the purchase of [Product Category].
Article 2 Key Commercial Terms
2.1 Estimated annual volume: [Quantity].
2.2 Target pricing range and delivery schedules.
Article 3 Due Diligence & Sampling
3.1 The Supplier agrees to provide evaluation samples within [Number] days upon signing this LOI.
Article 4 Non-Binding Nature
4.1 Except for provisions regarding Confidentiality and Governing Law, this LOI is non-binding and serves as a roadmap for formal contract negotiations.
Article 5 Governing Law
5.1 Governed by PRC law.
IN WITNESS WHEREOF, the parties hereto have executed this Contract as of the date first written above.
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SELLER (Manufacturer / Exporter): |
BUYER (Overseas Purchaser): |
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Signature: _______________________ |
Signature: _______________________ |
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Name: ___________________________ |
Name: ___________________________ |
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Title: __________________________ |
Title: __________________________ |
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Date: ___________________________ |
Date: ___________________________ |