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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Milford resident Brendan Seitz signs National Letter of Intent for University of Akron Div. I ...

The Milford Daily News 26 Mar 2019

Seitz signed his National Letter of Intent at the Maspenock Rod and Gun Club in Milford on March 17 to attend the University of Akron and compete on its Division I rifle team ... ....

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Petsel signs baseball letter of intent with Missouri Valley

Boonville Daily News 25 Mar 2019

"The coaches gave me a tour of the school and that’s where I wanted to spend the next couple of years playing baseball and earning my degree," Petsel said. "I was looking at Central ... ....

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Five Star Diamonds Ltd. and Spirit Banner II Capital Corp. Enter Into Letter of Intent ...

Nasdaq Globe Newswire 25 Mar 2019

... Banner II acquiring all of Five Star’s diamond projects in Brazil and Five Star continuing as a royalty and stream company (the “Proposed Transaction”)....

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Letters of intent for purchase of outboard engine and fishing nets handed over to fishermen cooperatives

Public Technologies 25 Mar 2019

Twelve fishermen cooperatives received their letters of intent for the purchase of new outboard engine and fishing nets under the Grant Scheme which aims at increasing the catch of fishermen and giving a boost to the fisheries sector. The handing over of letters of intent was ......

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Mining Power Group, Inc., MPGR, Proposes LOI (Letter of Intent) to Acquire Multi-Million-Dollar CBD Brand

PR Newswire 25 Mar 2019

MIAMI, March 25, 2019 /PRNewswire/ -- Mining Power Group, Inc., (the "Company" or "MPGR"), announced today, that as a result of preliminary negotiations, it has issued a draft letter of intent ("LOI") to the management of a CBD company that already ......

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EMGS receives Letter of Intent

Public Technologies 24 Mar 2019

The text version of this document in not available ... Disclaimer ... (noodl. 46370256) ....

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Manny Guzman, standout distance runner at Vintage, signs Letter of Intent to run cross county ...

Napa Valley Register 23 Mar 2019

Running is a big part of Manny Guzman’s daily routine. ....

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Woodstock's Hackett signs letter-of-intent to play Division I soccer

The Bulletin 22 Mar 2019

WOODSTOCK — Boston University’s coaching staff paid a visit to Woodstock Academy two years ago to check out the talents of Italian exchange student Jacopo Ambrosetti.It was a wise investment in time for BU. The Terriers got two recruits for the price of one visit.In ......

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Waverly swimmers Kennedy Wheeler and Starr Harford sign letters of intent

Morning Times 22 Mar 2019

Surrounded by family, coaches, and friends, Wheeler signed her letter of intent to Misericordia University while Harford signed her letter of intent to Hartwick University ... “We hang out with them outside of swimming,” added Wheeler. “Even outside of season, we’re always together.” ... Both have clear plans of what they want to do in college and beyond....

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Regarding the Letter of Intent signed with Whirlpool EMEA S.p.A

Public Technologies 21 Mar 2019

Vestel Ticaret AŞ, a wholly-owned subsidiary of Vestel Elektronik, and Whirlpool EMEA S.p.A have signed a non-binding Letter of Intent, limited to ......

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Sullivan signs letter of intent with NC Wesleyan

The Goldsboro News-Argus 21 Mar 2019

Sullivan signed a letter of intent to play soccer for the Battling Bishops. “I’ve been playing soccer since I was 7, so it’s surreal of course,” Sullivan said about singing ... Sullivan was part of a Gators squad that won the Carolina 1-A Conference championship in 2016 ... She is well deserving of being able to take that next step,” said Robinson....

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Olde Towne Letter of Intent seeks April 1 purchase agreement

Omaha World-Herald 21 Mar 2019

A letter of intent approved by the Bellevue City Council March 11 establishes $60,000 as the purchase price for the old Bellevue City Hall and related city office buildings located between Washington and Franklin streets on the north side of Mission Avenue ... The letter of intent ......

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Thunder Energies Corporation (TNRG) Announces the Upgrade of a Letter of Intent to Test the ...

Nasdaq Globe Newswire 21 Mar 2019

Gold Mining Company (http.//www.hoovers.com/company-information/cs/company-profile.picchu_rio_gold_mining_company_sociedad_anonima.d606f5f7d06cfd4f.html) to amend the Letter of Intent ......