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A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
The letter of intent generally does not bind the parties to commit to a transaction, but may bind the parties to confidentiality and exclusivity obligations so that the transaction can be considered through a due diligence process involving lawyers, accountants, tax advisors, and other professionals, as well as business people from both sides.
The Odisha Electricity Regulatory Commission (OERC) that awarded the Letter of Intent (LOI) to TPCL on 12 December 2019. Tata Power holds 51 per cent equity with management control and the State-owned Gridco will have the remaining 49 per cent equity stake in the company.
from charpoy चारपाई,چارپائی Teen payi (तीन पाय) in Hindi-Urdu, meaning "three legged" or "coffee table". [26] Thug from Thagi ठग,ٹھگ Thag in Hindi-Urdu, meaning "thief or con man". [27] Tickety-boo possibly from Hindi ठीक है, बाबू (ṭhīk hai, bābū), meaning "it's all right, sir". [28]
The following is an alphabetical (according to Hindi's alphabet) list of Sanskrit and Persian roots, stems, prefixes, and suffixes commonly used in Hindi. अ (a) [ edit ]