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General Cargo Vessels For Sale


OBJECT: LETTER OF INTENT FOR PURCHASE OF A MULTIPURPOSE CARGO VESSEL

Posted Apr 14, 2011 | Hits: 10039 | Stock No: #1326

 
 
Free


M/S Trade Sunny International intends to purchase a general or multipurpose cargo vessel of capacity between 1200 to 3200 MT NT from [SELLER]. The purpose of this Letter of Intent is to summarize our discussions to date and to confirm our respective intentions with respect to the proposed transaction. 1. M/S Trade Sunny International intends to purchase from [SELLER] the multipurpose cargo vessel on installment basis (payment every 6 months or 12 months). 2. The vessel must be a second hand vessel. Therefore the purchase price for the cargo vessel shall be reasonable or whatever better price [SELLER] is able to extend to M/S Trade Sunny International. 3. M/S Trade Sunny International and [SELLER] will use their best efforts to conclude a contract 
4. In order to secure timely delivery of the cargo vessel M/S Trade Sunny International will not produce any down payment thus we bind to the terms mentioned in the agreement. 5. In the event that a contract is not signed on or before [Date] for any reason whatsoever, M/S Trade Sunny International or [SELLER] shall each have the right to terminated the negotiations without liability. 6. In order to possess the ownership of the cargo vessel under operation, M/S Trade Sunny International will complete the payment within 5 years period specified in the agreement. The vessel shall be promptly returned to the [SELLER]  in the event negotiations are terminated, incase M/S Trade Sunny International fails to make the payment accordingly. 7. M/S Trade Sunny International owes the benefits under the agreement in the event of termination of the contract. This document is a Letter of Intent only. It is not intended to be, and shall not constitute in any way, a binding or legal agreement, or impose any legal obligation or duty or either of us. If the foregoing reflects our mutual statement of intention.
Sincerely 


Contact info
Contact Name: A.H.SUNNY  
Email: trade_sunny@live.com
Address: PLOT:7/5, BLOCK: A, RUPATALI HOUSING, BARISAL, BANGLADESH, ZIP:8207
Phone: 00******** Show phone
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