Letter of Intent for Purchase of Computer Equipment

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{company_phone}}

Email: {{company_email}}

Website: {{company_website}}

Date

{{date}}

Seller Information

{{seller_company_name}}

{{seller_company_address}}

Subject

Letter of Intent to Purchase Computer Equipment

Introduction

This Letter of Intent (hereinafter referred to as the “LOI”) serves to express the serious interest of {{company_name}} (hereinafter referred to as the “Buyer”) in purchasing certain computer equipment from {{seller_company_name}} (hereinafter referred to as the “Seller”) under the terms and conditions outlined herein.

Description of Computer Equipment

The Buyer intends to purchase the following computer equipment (hereinafter referred to as the “Equipment”):

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

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

- {{item_3_description}}, Quantity: {{item_3_quantity}}

(Add more items as necessary)

Proposed Purchase Price

The proposed purchase price for the aforementioned Equipment is {{currency}} {{total_purchase_price}} ({{total_purchase_price_words}}). This price is subject to final negotiation and agreement in a definitive Purchase Agreement. An initial deposit of {{currency}} {{deposit_amount}} shall be made upon the signing of a definitive agreement.

Payment Terms

The Buyer proposes the following payment schedule:

- {{payment_term_1_percentage}}% upon signing of the definitive Purchase Agreement.

- {{payment_term_2_percentage}}% upon delivery and successful installation of the Equipment.

- {{payment_term_3_percentage}}% within {{payment_term_3_days}} days of acceptance of the Equipment.

Delivery and Installation

The Seller shall be responsible for the delivery and installation of the Equipment at the Buyer's premises located at {{delivery_address}} by {{delivery_date}}. The Seller shall ensure that all equipment is new, in good working order, and free from defects, and that all necessary software and licenses are included and properly installed.

Conditions Precedent

This LOI is subject to the satisfaction of the following conditions:

- Successful completion of a due diligence review of the Seller's capabilities and the Equipment by the Buyer.

- Negotiation and execution of a definitive Purchase Agreement satisfactory to both parties.

Governing Law

This LOI shall be governed by and construed in accordance with the laws of {{country}}.

Confidentiality

Both parties agree to treat all information exchanged during the negotiation of this transaction as confidential and shall not disclose it to any third party without prior written consent.

Non-Binding Clause

This Letter of Intent does not constitute a binding agreement to purchase or sell the Equipment. A binding agreement will only be created upon the execution of a definitive Purchase Agreement signed by both parties. This LOI is intended solely to facilitate discussions and negotiations between the Buyer and the Seller prior to entry into a definitive agreement.

Acknowledgement and Agreement

Please indicate your acceptance of the terms and conditions set forth in this Letter of Intent by signing and returning a copy of this document.

Sincerely,

{{buyer_signing_name}}

{{buyer_title}}

{{company_name}}

Accepted and Agreed:

___________________________________

{{seller_signing_name}}

{{seller_title}}

{{seller_company_name}}

Date: {{acceptance_date}}