Letter of intent
A letter of intent (LOI or LoI, and sometimes capitalized as Letter of Intent in legal writing, but only when referring to a specific document under discussion) is a document outlining one or more agreements between two or more parties before the agreements are finalized. The concept is similar to a heads of agreement, term sheet or memorandum of understanding. Such outlined agreements may be mergers and acquisitions transaction agreements, joint venture agreements, real property lease agreements and several other categories of agreements that may govern material transactions.
LOIs resemble short, written contracts, but are usually in tabular form and not binding on the parties in their entirety. Many LOIs, however, contain provisions that are binding, such as those governing non-disclosure, governing law, exclusivity or covenants to negotiate in good faith. An LOI may sometimes be interpreted by a court of law as binding the parties to it if it too-closely resembles a formal contract and does not contain clear disclaimers.
Latest News for: Letters of intent
Letter of Intent for supply of Energizers & Accessories For Electric Fencing (FY 2018-19)
Public Technologies 20 Nov 2018Letter of Intent for supply of Forest Uniform & Accessories For FY 2018-19
Public Technologies 20 Nov 2018High schools: Barnstable seniors sign letters of intent
Cape Cod Times
20 Nov 2018
181116- Emotra – PM – Letter of intent with psychiatric hospital
Public Technologies 20 Nov 2018Maple Leaf Green World Inc. Enters into a Letter of Intent to Acquire A Production ...
Nasdaq Globe Newswire 20 Nov 2018Agau Resources Announces Letter of Intent for Reverse Takeover Transaction with the Hacienda Company, LLC
MENA FN 20 Nov 2018Caulfield signs National Letter Of Intent to UND
Grand Forks Herald 20 Nov 2018Greenbelt Resources Receives Letter of Intent From Fuxin Green Energy
Nasdaq Globe Newswire 20 Nov 2018Viking Basketball Signs Jaden Nielsen-Skinner To Letter Of Intent
Public Technologies 20 Nov 2018UEFA and ECA present letter of intent to EU Commissioner
Public Technologies 20 Nov 2018HONBRIDGE SIGNED A LETTER OF INTENT FOR INVESTMENT WITH LUOKUNG TECHNOLOGY CORP.
Public Technologies 20 Nov 2018NxGen Brands Subsidiary of Pyramidion Technology Group, Inc. (OTC: PYTG) Enters Into a Letter of Intent to Acquire Renaissance Health Publishing, LLC
PR Newswire 20 Nov 2018Scandium International Signs Letter Of Intent With Austal Ltd.
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