A Letter Of Intent To Purchase Product is commonly used in Qatar when parties wish to formalize their preliminary understanding regarding a potential product purchase before proceeding with a definitive agreement. This document type is particularly relevant in the Qatar market where formal documentation of commercial intentions is valued in business relationships. The LOI typically precedes more detailed due diligence and negotiation processes, providing a framework for these activities while protecting both parties' interests. It outlines key commercial terms such as product specifications, pricing intentions, and timeline, while typically remaining non-binding except for specific provisions like confidentiality. The document must comply with Qatar Civil Code and Commercial Code requirements, particularly regarding contract formation and commercial transactions. It's especially useful in complex transactions where parties need to demonstrate serious intent while reserving final commitment for the definitive agreement.

1. Letter Header: Formal business letter header including date, addressee details, and reference number

2. Subject Line: Clear identification of the document as a Letter of Intent to Purchase [Product Name]

3. Introduction: Identification of the parties and their roles (buyer/seller)

4. Product Description: Clear identification and description of the product(s) to be purchased

5. Purchase Terms: Key commercial terms including quantity, price, and payment terms

6. Timeline: Proposed timeline for finalizing the purchase agreement and completing the transaction

7. Non-Binding Statement: Clear statement that this is a non-binding letter of intent, except for any specifically binding provisions

8. Confidentiality: Statement regarding the confidential nature of the letter and discussions

9. Closing: Formal closing, signature blocks for both parties