Letter of Intent for Purchase of Computer Equipment

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date and Reference

Date: {{date}}

Reference: {{reference_number}}

Recipient Information

{{seller_company_name}}

{{seller_company_address}}

Attention: {{seller_contact_person}}

Subject

Letter of Intent to Purchase Computer Equipment

Introduction

Dear {{seller_contact_person}},

This Letter of Intent serves to express the strong interest of {{company_name}} (the 'Buyer') in purchasing certain computer equipment from {{seller_company_name}} (the 'Seller'), as detailed below.

Description of Equipment

The Buyer is interested in purchasing the following computer equipment:

{{equipment_list_and_specifications}}

Proposed Purchase Price and Payment Terms

The proposed purchase price for the aforementioned equipment is {{currency}} {{total_purchase_price}} ({{total_purchase_price_words}}).

Payment terms are proposed as follows: {{payment_terms}}.

Conditions

This Letter of Intent is subject to the following conditions:

a. Successful completion of due diligence by the Buyer, including inspection of the equipment by {{inspection_date}}.

b. Negotiation and execution of a definitive Purchase Agreement between the Buyer and the Seller by {{agreement_deadline_date}}.

c. Approval by the Buyer's board of directors/management committee.

Confidentiality

All information exchanged between the parties in relation to this proposed transaction shall be treated as confidential and shall not be disclosed to any third party without the prior written consent of the disclosing party.

Governing Law

This Letter of Intent shall be governed by and construed in accordance with the laws of {{jurisdiction_country}}.

Non-Binding Nature

This Letter of Intent is intended to outline the basic terms and conditions of the proposed transaction and is non-binding, except for the provisions relating to confidentiality and governing law. A binding agreement will only be created upon the execution of a definitive Purchase Agreement.

Expiry

This Letter of Intent will expire on {{expiry_date}} if a definitive Purchase Agreement has not been executed by that date, unless extended in writing by both parties.

Signature Block

Sincerely,

___________________________

{{buyer_signatory_name}}

{{buyer_signatory_title}}

{{company_name}}

Agreed and Accepted:

___________________________

{{seller_signatory_name}}

{{seller_signatory_title}}

{{seller_company_name}}

Date: {{acceptance_date}}