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Letter Of Intent For Diesel Purchase
"I need a Letter of Intent For Diesel Purchase between my construction company based in Manchester and a major fuel supplier, covering the supply of 50,000 litres per month starting March 2025, with specific focus on environmental compliance and quality standards."
1. Buyer Information: Full legal name, address, and registration details of the purchasing entity
2. Seller Information: Full legal name, address, and registration details of the diesel supplier
3. Product Specification: Detailed specification of the diesel fuel to be purchased, including grade and quality parameters
4. Quantity: Proposed volume of diesel to be purchased, including any minimum/maximum commitments
5. Price Structure: Proposed pricing mechanism, including any indexation or formula
6. Delivery Terms: Proposed delivery schedule, location, and method
7. Duration: Proposed timeline for negotiating and executing the final agreement
1. Exclusivity: Terms of exclusive negotiation period - use when parties want to ensure exclusive negotiations
2. Due Diligence: Process for conducting technical and commercial due diligence - include for large-volume or long-term contracts
3. Conditions Precedent: Key conditions that must be met before proceeding to final agreement - use when specific regulatory or corporate approvals are needed
1. Product Specification Sheet: Detailed technical specifications of the diesel fuel
2. Delivery Schedule: Proposed timeline and locations for deliveries
3. Price Mechanism Details: Detailed explanation of pricing formula and components
4. Required Certificates: List of quality, safety, and regulatory certificates required
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