The Letter Of Intent To Purchase Goods Template is a crucial preliminary document used in UAE commercial transactions when a potential buyer wishes to formally express their serious intention to purchase goods while maintaining flexibility for final negotiations. This document type is particularly relevant under UAE law, where it serves as a structured approach to preliminary commercial negotiations. While generally non-binding, it carries significant commercial weight and typically includes essential elements such as product specifications, estimated pricing, timeline, and any conditions precedent. The document operates within the framework of UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Transactions Law), providing a foundation for the subsequent definitive purchase agreement. It's commonly used in large-scale commercial purchases, international trade transactions, or complex procurement processes where detailed negotiations are necessary before finalizing the purchase.

1. Letter Header: Date, sender's details, recipient's details, and reference number

2. Subject Line: Clear identification of the document as a Letter of Intent for Purchase of Goods

3. Opening Statement: Formal greeting and introduction of the parties

4. Expression of Intent: Clear statement of intention to purchase specified goods

5. Key Commercial Terms: Description of goods, quantity, estimated price, and intended delivery timeline

6. Due Diligence: Process and timeline for any necessary inspection or verification of goods

7. Negotiation Period: Timeframe for finalizing the detailed purchase agreement

8. Confidentiality: Basic confidentiality obligations regarding the proposed transaction

9. Non-Binding Nature: Clear statement that the LOI is non-binding except for specified clauses

10. Governing Law: Statement that UAE law governs the LOI

11. Closing and Signature: Formal closing, signature blocks for both parties