Re: Letter of Intent to Purchase - LOI# To: From: , Date:
is requesting that McGuire Bearing Company stock the following items:
For this service, agrees to purchase these items exclusively from McGuire Bearing Company, with the following provisions:
In the event of cancellation of this agreement, McGuire Bearing Company will make commercially reasonable efforts to return/cancel these items. agrees to pay all restocking and freight charges incurred to return these items. In the event that the items are not returnable, agrees to purchase the remaining inventory from McGuire Bearing Company upon cancellation of this agreement.
This agreement will be reviewed by for extensions and revisions that must be agreed to in writing by both parties. The review will allow either party to cancel or McGuire Bearing Company and Sample company to update or renew the stocking agreement or schedule the delivery of the remaining parts.
Invoices for the above items are subject to McGuire Bearing's Standard Terms and Conditions of Sale.
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Document Name: Letter of Intent
Agree & Sign