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.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Letter_of_intent

Latest News for: Letters of intent

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SinglePoint Signs Letter of Intent to Raise up to $12,000,000

Nasdaq Globe Newswire 20 Feb 2019

SING) a fully reporting company tied into technology and cannabis has signed a letter of intent to raise up to $12,000,000 ... Final terms are still being negotiated, upon execution of the agreement SinglePoint will file a registration statement with the SEC....

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KBS Fashion Group Announces Letter of Intent to Acquire a Greece Based Private Smart Tech ...

The National Herald 20 Feb 2019

KBSF), a leading fully-integrated casual menswear company in China, announced today that it has executed a non-binding Letter of Intent (“LOI”) to acquire Tribe Wearables (“Tribe”), a private smart clothing technology company, located in Komotini, Greece....

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SGA’s Haire Signs Letter of Intent

Miller County Liberal 19 Feb 2019

[img_assist.nid=105847.title=.desc= Aaron Haire signs letter of intent to play college football at the College of the Desert while family looks on. read more ... ....

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Johnson inks football letter of intent with Missouri Western

Boonville Daily News 19 Feb 2019

After making an immediate impact on the gridiron the last four years as a member of the Boonville Pirates football team, senior Brandon Johnson will now have a chance to wreck havoc on teams in the MIAA Conference after signing a letter of intent last week at Missouri Western State University in St....

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Weaver signs football letter of intent with Missouri Western

Boonville Daily News 19 Feb 2019

Boonville senior Landon Weaver said there were a couple of selling points as to why he chose Missouri Western State University in St....

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White signs football letter of intent with Missouri Valley

Boonville Daily News 19 Feb 2019

Boonville senior football player Sean White had a good reason for signing a letter of intent with Missouri Valley College in Marshall.As a standout this past fall at tackle for the Boonville Pirates football team, White said he chose Missouri Valley College because a few other ......

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Crosswinds Announces Amendment to Binding Letter of Intent

Nasdaq Globe Newswire 19 Feb 2019

CWI) announced today that it has entered into an amendment to its previously disclosed binding letter of intent for a reverse take-over bid or similar transaction with a private counterparty. Under the letter of intent, Crosswinds would acquire the counterparty in consideration ......

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M Line Holdings, Inc. Signs Binding Letter of Intent to Acquire a Controlling Interest in ...

Omaha World-Herald 19 Feb 2019

MLHC; "M Line" or the “Company”), has signed a binding Letter of Intent to acquire a controlling interest in another public entity ... fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things....

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KBS Fashion Group Announces Letter of Intent to Acquire a Greece Based Private Smart Tech Apparel Company

PR Newswire 19 Feb 2019

KBSF), a leading fully-integrated casual menswear company in China, announced today that it has executed a non-binding Letter of Intent ("LOI") to acquire Tribe Wearables ("Tribe"), a private smart clothing technology company, located in Komotini, Greece....

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Pure Harvest Cannabis Executes Two Letters of Intent with Licensed Colorado Vertically Integrated Operations to ...

Omaha World-Herald 19 Feb 2019

subsidiary, based in Santa Monica, California, has executed two Letters of Intent (LOIs) to enter the Colorado cannabis market, which is estimated at more than $1.5 billion dollars annually ... The Letters of Intent (LOIs) are non-binding, subject to due diligence, require the ......

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Park City’s Grace Donahue and twins Livi and Gabby Rockwood sign letters of intent

Park Record 17 Feb 2019

Here's a look at the future plans of the Rockwoods, bound for the West Coast, and Grace Donahue, who is heading back East.Playing together, standing apart. Last Friday, Livi and Gabby Rockwood committed to the University of Redlands in Redlands, California, just east of Los Angeles ... "We kind of always knew we wanted to play in college," said Livi....

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Byzen Digital Inc. Enters Binding Letter of Intent to Acquire Fortune8 Technologies

Nasdaq Globe Newswire 15 Feb 2019

NEW YORK, NY, Feb. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Byzen Digital Inc. (OTC PINK. BYZN), a technology mergers and acquisitions company, today entered into a binding letter of intent to acquire Fortune8 Technologies, a technology specialist which brings innovative Chinese products to the UK and European retail market ... ....

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