[TERMS & CONDITIONS] [NCNDA] [DRAFT LOI/BCL] [DRAFT FCO] [DRAFT CONTRACT] [DRAFT FPA] [INCOTERMS]

WFB World Food Business

LETTER OF INTENT & BANK ENDORSEMENT LETTER

LETTER OF INTENT
(COMPLETED ON LETTERHEAD OF CONTRACT SIGNATORY)


Date
Ref No

To
THE SELLER

WE THE UNDERSIGNED_______________OF____________HEREBY STATE AND REPRESENT
THAT IT IS OUR CORPORATE INTENTION TO PURCHASE THE COMMODITY _________IN THE
QUANTITY AND FOR THE PRICE AS SPECIFIED IN THE TERMS AND CONDITIONS AS STATED
BELOW. THIS REPRESENTATION IS MADE WITH FULL CORPORATE AUTHORITY AND ALSO
RESPONSIBILITY OF THE ABOVE STATED BUYER.

COMMODITY:
ORIGIN:
SPECIFICATIONS:
QUANTITY:
PACKAGING:
DELIVERY SIZE AND SCHEDULE:
MODE OF PAYMENT:
TARGET PRICE:
DESTINATION PORT DISCHARGE RATE PER DAY:
INSPECTION:
GUARANTEE:
DOCUMENTS:


BUYER'S BANK COORDINATES
BANK NAME/ADDRESS:
CITY/ZIP/COUNTRY:
BANK TEL/FAX:
BANK TELEX/SWIFT CODE:
BANK OFFICER'S NAME/TITLE/DIRECT TEL/FAX:
ACCOUNT NAME/NUMBER:

WE UNDERSTAND THAT ANY AND ALL OFFERS AND/OR CONTRACTS ARE SUBJECT TO
SUCCESSFUL SELLER VERIFICATION OF FUNDS AVAILABILITY. WE HEREBY GIVE OUR
WRITTEN PERMISSION FOR THE SELLER TO CONDUCT A SOFT PROBE OF OUR ACCOUNT.

SIGNATURE:
PRINTED NAME: (CORPORATE SEAL)
TITLE:



(NOTE: ALL REQUESTED INFORMATION MUST BE PROVIDED IN FULL DETAIL
THIS LOI MUST BE SUBMITTED TOGETHER WITH A BEL. NO EXCEPTIONS.)

----------------------------------------------------------

BANK ENDORSEMENT LETTER
(MUST BE TYPEWRITTEN, SIGNED AND SEALED ON BANK LETTERHEAD)
(ONLY TOP 100 WESTERN WORLD PRIME BANK)


DATE:
TO:
The Seller

TRANSACTION REFERENCE: PURCHASE OF _____________________

DEAR SIRS:

IN PROVIDING THIS BANK ENDORSEMENT, WE,____(NAME OF BANK)_____DOES NOT ASSUME ANY FINANCIAL LIABILITY OR ANY CONTRACTUAL RELATIONSHIP WITH THE PARTIES. WE CERTIFY ONLY, THAT _____(CLIENT NAME)____HAS, AS OF THIS ENDORSEMENT, SUFFICIENT FUNDS IN ITS ACCOUNT, THE CREDIT, OR THE FINANCIAL CAPACITY TO INITIATE THE TRANSACTION INDICATED ABOVE, SHOULD OUR CLIENT WISH TO DO SO.

WE,__(NAME OF BANK)___HEREBY VERIFY THAT ___(CLIENT NAME & ACCT #)___
HAS SUFFICIENT FUNDS AND/0R IS FINANCIALLY ABLE TO INITIATE THE ABOVE STATED TRANSACTION, AND PROVIDE A CERTAIN TYPE OF PAYMENT INSTRUMENT BEING A______ (STATE EXACT FORM OF PAYMENT INSTRUMENT)__ IN THE AMOUNT OF APPROXIMATELY ___(TOTAL TRANSACTION AMOUNT LOI OR ICPO AND IN US DOLLARS)______.

BANK OFFICER #1 SIGNATURE BANK OFFICER #2 SIGNATURE


BANK OFFICER NAME AND TITLE BANK OFFICER NAME AND TITLE


ABA NUMBER: BANK CONTACT PERSON: (ENGLISH SPEAKING)
SWIFT NUMBER: TELEPHONE NUMBER:
TELEX: FAX NUMBER:

______________BUYER AND BANK ACCOUNT INFORMATION____________

ACCOUNT NUMBER:
ACCOUNT NAME:

LEGAL NAME:
ADDRESS:
CONTACT PERSON: (ENGLISH SPEAKING)
TELEPHONE NUMBER:
FAX NUMBER:
(BANK SEAL)
(BANK SEAL)