Make sure your suppliers fill your commodity orders by providing them with an Irrevocable Letter of Intent to Purchase Commodities.
- The Letter of Intent operates as a purchase order, and confirms the customer's intention to buy certain commodities from the supplier.
- The Letter is irrevocable, in other words, it cannot be revoked (cancelled) by the customer.
- The Purchase Order form includes a schedule of products, specifications, delivery terms, target prices and payment methods.
This Purchase Order ⁄ Irrevocable Letter of Intent form is provided in MS Word format and is fully editable to meet your needs.
[to be prepared on letterhead of customer] November 1, 2012 [name of Seller] [address] IRREVOCABLE LETTER OF INTENT / PURCHASE ORDER Dear Sirs: [NAME OF CUSTOMER] (“Customer”) hereby confirms, with full responsibility and under penalty of perjury, that it is prepared to enter into a contract for the purchase of the commodity(ies) set out in the Schedule attached hereto, and that the Customer has funding available to cover such purchase, including any export permits needed to fulfill the purchase. The undersigned ____________________ [insert name], _________ [insert office] of the Custome
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