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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 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 comfort letter is a document prepared by an accounting firm assuring the financial soundness or backing of a company. [1] The comfort letter can be issued by a Certified Public Accountant declaring no indication of false or misleading information in the financial statements and that the company's prospectus follows the prevailing accounting standards.
Letter of comfort (contract law) Letter of credence; Letter of intent; Letter of Jeremiah; Letter of recommendation; Letter of Reconciliation of the Polish Bishops to the German Bishops; Letter of Tansar; Letter of the Karaite elders of Ascalon; Letter of transmittal; A Letter to a Hindu; Letter to a Priest; Letter to Flora; Letter to His ...
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.
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After months of more mild cases, the bird flu appears to be ramping up: The U.S. just saw its first death from the virus, and cases have been found in birds across all 50 states, according to the ...
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