Q: We have probably found a buyer for our agency, and he would like to have us sign a letter of intent. What exactly is a letter of intent? Is it binding? If not, do we even need a letter of intent?

A letter of intent is often used to confirm the mutual understanding of a prospective deal — in other words, the prelude to a full-blown agreement. All parties involved, however, should be aware that ...

In acquisitions of privately held companies, an acquisition letter of intent/term sheet is often entered into by both parties ...

The letter of intent does not commit the city to the solar project but is needed to qualify the project for federal ...

Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged ...

It's been well-known in the Navy for the last few years - actual orders are being cut later and later, leaving sailors and their families scrambling to get themselves organized. There have always been ...

Wauwatosa's firefighter union has secured a letter of intent from the city to ensure that benefits and sick leave are ...

Québec Nickel Corp. (CSE: QNI) (FSE: 7IB) (OTCQB: QNICF) ("QNI" or the "Company") is pleased to announce that on December 12, ...

Wauwatosa Professional Firefighters Local 1923 secured a letter of intent from the city to put commitments in writing on existing benefits.

LOI kickstarts Eutelsat’s large-scale deployment of Konnect WiFi Service across Africa Toronto, Ontario–(Newsfile Corp. –) – Clear Blue Technologies International Inc. (TSXV: ...