letter of intent


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Related to letter of intent: cover letter

letter of intent

a letter indicating that the writer has the serious intention of doing something, such as signing a contract in the circumstances specified. It does not constitute either a promise or a contract.
References in periodicals archive ?
In addition to finalizing details of the letter of intent, the EDC is pursuing other details related to the project.
In this case, an interior design company had fitted out some flats for a house builder, based on a letter of intent.
Of course, there are always exceptions where parties desire the letter of intent to be binding.
Such forward-looking statements include statements regarding our decision to pursue a sale of the Company, the ability of the Company and Kinderhook to complete the transaction contemplated by the letter of intent, including the outcome of Kinderhook's due diligence investigation and its efforts to obtain debt financing, as well as the parties' ability to satisfy the other conditions set forth in the letter of intent, and the results of the Company's efforts to solicit competing proposals for the acquisition of the Company.
On May 24, 2006, Dravco entered into a Letter of Intent ("LOI") with Nevada Sunrise LLC (NS, LLC") whereby the Company will acquire from NS, LLC a 100% interest in the Golden Arrow property.
OTCBB:TTDS), a next generation web-based travel distribution service provider, announced today it has signed a letter of intent with Beijing IATA Information Technology Company, Ltd.
Certain obligations under the letter of intent are legally binding, including that The Mills, Colony and Kan Am are obligated to negotiate in good faith the terms of the transactions in a manner consistent with the terms set forth in the letter of intent and use commercially reasonable efforts to consummate the transactions by September 21, 2006, and that, until then, Colony will have the exclusive right to negotiate and endeavor to close the transaction with The Mills and Kan Am (without prejudice to The Mills continuing its exploration of strategic alternatives with respect to all or substantially all of The Mills and its subsidiaries).
OTCBB:GOII), a Colorado Corporation ("G/O"), and SH Celera Capital Corporation, a Maryland corporation ("SH Celera") (SH Celera, together with the G/O, the "Parties"), entered into a non-binding letter of intent ("Letter of Intent") respecting the possible completion of a Reorganization Transaction (the "Reorganization Transaction").
OTCBB:IDSM) (the "Company") is pleased to announce that it has received a letter of intent from SGL Carbon LLC regarding future potential purchases of natural graphite.
BEIJING -- China Health Holding (OTCBB:CHHH), a developer, marketer and manufacturer of natural herbal supplement products based on traditional Chinese medicine, Julianna Lu, the President/CEO, announced today that the Company entered into a Letter of Intent with Furen Pharmaceuticals Group Co.