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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UCLA releases signee Grant Sherfield from letter of intent

Post Bulletin 18 Jan 2019

LOS ANGELES (AP) — Grant Sherfield, a guard who signed with UCLA last fall, has requested and received a release from his letter of intent ... ....

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Montero Signs Letter of Intent With Gravity Worx to Provide Technical Engineering Services for the ...

Nasdaq Globe Newswire 18 Jan 2019

NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES ... ....

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Trius Terminates Letter of Intent

Nasdaq Globe Newswire 18 Jan 2019

FREDERICTON, New Brunswick, Jan. 18, 2019 (GLOBE NEWSWIRE) -- Trius Investments Inc. (“Trius” or the “Company”) (TSXV.TRU.H) announces that effective January 10, 2019 it terminated its letter of intent, as amended, for a proposed reverse takeover by African Cannabis Corp., and has been paid a break fee of $250,000 ... ....

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Newton Energy Corporation Announces Termination of Letter of Intent for a Proposed Reverse Takeover Transaction

Nasdaq Globe Newswire 17 Jan 2019

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ... ....

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UCLA releases signee Grant Sherfield from letter of intent | The Sacramento Bee

Sacramento Bee 17 Jan 2019

Grant Sherfield, a guard who signed with UCLA last fall, has requested and received a release from his letter of intent ... Sherfield was part of a three-player recruiting class ......

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UCLA releases Grant Sherfield from letter of intent

ABC7 17 Jan 2019

LOS ANGELES -- Grant Sherfield, a guard who signed with UCLA last fall, has requested and received a release from his letter of intent ... Sherfield was part of a three-player recruiting class announced during the early signing period in November....

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#Miningstocks: Sojourn Exploration (TSXV: SOJ) Signs Non-Binding Letter of Intent to Sell Willoughby Property to ...

MENA FN 17 Jan 2019

(MENAFN - Investors Ideas) #Miningstocks. Sojourn Exploration (TSXV. SOJ) Signs Non-Binding Letter of Intent to Sell Willoughby Property to Strikepoint Gold Inc. Vancouver, Bri... ....

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Sojourn Exploration Inc. Signs Non-Binding Letter of Intent to Sell Willoughby Property to Strikepoint Gold Inc.

MENA FN 17 Jan 2019

(MENAFN - Newsfile Corp) Sojourn Exploration Inc. Signs Non-Binding Letter of Intent to Sell Willoughby Property to Strikepoint Gold Inc. Vancouver, British Columbia--(Newsfile Co... ....

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Orion Lighting Secures Letter of Intent for $11 Million of LED Retrofit Business

Nasdaq Globe Newswire 16 Jan 2019

MANITOWOC, Wis., Jan ... (NASDAQ. OESX) (Orion Lighting), announced today that it has secured a letter of intent with an existing customer to retrofit a number of the customer's locations with Orion’s state-of-the-art LED lighting solutions. Orion expects to realize revenue of approximately $11 million under the letter of intent ... ....

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Albers signs Letter of Intent

West River Eagle 16 Jan 2019

Takini senior, Teylor Albers, signed ......

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Cannabis Strategic Ventures Signs Letter of Intent to Access Approximately 40 Licenses in Santa Barbara County

Omaha World-Herald 16 Jan 2019

NUGS) today announces that it has signed a Letter of Intent to partner with a Santa Barbara County cultivation operation that holds approximately 40 commercial cannabis licenses from the County of Santa Barbara, the California Bureau of Cannabis Control, the Manufactured Cannabis ......

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Wayland Group Enters into a Letter of Intent to Sell 49.9% of International Business to ...

Nasdaq Globe Newswire 15 Jan 2019

75M) (OTCQB.MRRCF) (“Wayland” or the “Company”) is pleased to announce that, pursuant to the Company’s previously announced strategic review, it has entered into a Letter of Intent to sell 49.9% of the Company’s international portfolio of assets to International Cannabis Corp (“ICC”)....

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