A letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties.

For example, most mergers and acquisitions begin in earnest with a term sheet, which functions as a letter of intent. The term sheet states the intentions, purchase price, and payment terms.

ELKHART, Ind. (WNDU) - Some graduating students in Elkhart signed a letter of intent on Thursday that guarantees their return to the district to begin their teaching careers.

Andrew was set to sign a letter of intent April 16 to compete in track at the U.S. Naval Academy in Annapolis, Maryland. Aiden is in his freshman season with the Navy.

TARRYTOWN, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- via IBN – Nightfood Holdings, Inc. (OTCQB: NGTF), an acquisition and development holding company, announces today that it has signed a Letter ...