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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
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