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Letter Of Intent To Purchase Equipment
"I need a Letter of Intent to Purchase Equipment for acquiring tHRee CNC machines from a Singapore-based manufacturer, with a proposed purchase price of SGD 2.5 million and expected delivery in March 2025."
1. Intent Statement: Clear statement of intention to purchase specific equipment
2. Parties: Identification of buyer and seller with full legal names and addresses
3. Equipment Details: Specific description of equipment including make, model, specifications
4. Purchase Price: Proposed purchase price and payment terms
5. Timeline: Expected timeline for purchase completion
1. Due Diligence: Terms for inspection and validation of equipment - use for high-value or complex equipment purchases
2. Financing Conditions: Details of financing arrangements - include when purchase depends on securing financing
3. Regulatory Approvals: Required permits or licenses - include for regulated equipment or cross-border transactions
1. Equipment Specifications: Detailed technical specifications and requirements
2. Preliminary Price Quotation: Initial price quote from seller
3. Proof of Funds: Evidence of buyer's ability to complete purchase
Authors
Purchase Price
Closing Date
Due Diligence Period
Delivery Date
Specifications
Deposit
Business Day
Confidential Information
Effective Date
Force Majeure
Intellectual Property Rights
Letter of Intent
Material Adverse Change
Parties
Representative
Singapore Dollars
Term
Warranties
Working Days
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