Letter of Intent for Purchase of Computer Equipment

Company Letterhead

{{company_name}}

{{company_address}}

Tel: {{phone}} | Email: {{email}} | Website: {{website}}

Date

{{date}}

Recipient Information

{{vendor_company_name}}

{{vendor_address}}

Attention: {{vendor_contact_person}}

Subject: Letter of Intent to Purchase Computer Equipment

Dear {{vendor_contact_person}},

1. Introduction

This Letter of Intent ("LOI") serves to express the strong interest of {{buyer_company_name}} ("Buyer") in purchasing specific computer equipment from {{vendor_company_name}} ("Seller") as outlined below. This LOI is intended to provide a framework for a definitive purchase agreement and is not legally binding in its entirety, except for the provisions regarding confidentiality and governing law.

2. Proposed Computer Equipment

The Buyer intends to purchase the following computer equipment (the "Equipment"):

- {{item_1_description}}, Quantity: {{item_1_quantity}}

- {{item_2_description}}, Quantity: {{item_2_quantity}}

- {{item_n_description}}, Quantity: {{item_n_quantity}}

A detailed list of specifications and quantities will be provided in the definitive purchase agreement.

3. Proposed Purchase Price

The indicative purchase price for the Equipment is {{currency}} {{total_purchase_price}} ({{total_purchase_price_words}}), excluding any applicable taxes, shipping, and installation costs, unless otherwise specified. This price is subject to final negotiation and agreement in the definitive purchase agreement.

4. Payment Terms

Proposed payment terms include an initial deposit of {{deposit_percentage}}% upon signing of the definitive agreement, with the remaining balance due upon delivery and satisfactory installation of the Equipment. Specific payment milestones will be elaborated in the definitive agreement.

5. Due Diligence and Inspections

The Buyer reserves the right to conduct necessary due diligence, including technical inspections of the Equipment or similar models, prior to finalizing any purchase agreement. The Seller agrees to provide reasonable access and information to facilitate such due diligence within {{due_diligence_days}} days from the date of this LOI.

6. Exclusivity (Optional)

For a period of {{exclusivity_days}} days from the date of this LOI, the Seller agrees to negotiate exclusively with the Buyer for the sale of the aforementioned Equipment and will not solicit or entertain offers from any other third party.

7. Governing Law

This Letter of Intent shall be governed by and construed in accordance with the laws of {{country_name}}, without regard to its conflict of law principles.

8. Non-Binding Nature

Except for the provisions of Section 5 (Due Diligence and Inspections), Section 6 (Exclusivity - if applicable), and Section 7 (Governing Law), this LOI is non-binding and does not create any legal obligation on the part of either party. A definitive purchase agreement, satisfactory to both parties, must be executed for any transaction to proceed.

9. Confidentiality

All information exchanged between the Buyer and Seller in connection with this LOI shall be treated as confidential and shall not be disclosed to any third party without the prior written consent of the other party.

10. Expiry

This Letter of Intent shall expire on {{expiry_date}} if a definitive agreement has not been executed by that date, unless extended by mutual written agreement of both parties.

Sincerely,

_____________________________

{{buyer_signer_name}}

{{buyer_signer_title}}

{{buyer_company_name}}

AGREED AND ACCEPTED BY:

_____________________________

{{vendor_signer_name}}

{{vendor_signer_title}}

{{vendor_company_name}}

Date: _______________