example of LETTER OF INTEND (L.O.I)

Here I show you some examples of document which use in funding agreement, CMIIW.... LETTER OF INTEND (L.O.I) DATE : FOR : …..(name of funder)……. TROUGH : …..(authority in Indonesia)….. FROM : .…(name of user)…..,President Director PT…(name of user’s company). SUBJECT : LETTER OF INTEND TO AVAIL US$..........FOR…...(name of project) Dear…..(name of funder)…. This is official and exclusive mandate for you to secure and provide to us an initial fund of one million (US$ 1000,000) US dollars funds which we need as mobilization, banking expenses, organization and traveling expenses for the ……(value of fund)....million (US$ …….) US dollars, ………(name of the project and user’s company)…. The funds shall be secured and guaranted by US$.......(value of fund)…. Bank guarantee (BG) issued by Mandiri State/Prime Bank,…years, endorsed and approved by the Central Bank, Full & Clean, Euroclear. After you made an initial release of US$ 1,000,000/ on the US$......(value of fund)....Mandiri State/Prime Bank BG (after Bank to Bank SWIFT Confirmation), we shall facilitate the issuance and release and assignment of the ….(value of fund)…million (US$.......) Mandiri state/Prime BG to finance our ….(name the project)…which you and your consortium shall undertake on “TURKEY” or B>O>T basis – Subject to our Final Agreement. We will make the SWIFT Pre-Advice Confirmation Bank to Bank after Execution of Joint Venture Agreement, and exchange of full Bank Coordinate. …….( name of user)…… AUTHORIZED SIGNATURE FOR PROJECT