If you are an investor and you want to formally reach out to a project for investment, use this Letter of Intent PDF template from Kdan Mobile. You should always consult a lawyer though before finalizing any contracts. With this professional Letter of Intent PDF Template by Kdan Mobile, you can formalize discussions that are going well with a company or individual that your company is interested in entering into an agreement with. A letter of intent (LOI) is commonly used for Sale and Purchase Agreements, but the letter of intent can also be used for outlining the initial terms of a Merger and Acquisition process (M&A), a stock deal, cash deal, extra final will and testament terms, government grant requests, and athlete drafting letters.
A Letter of Intent (LOI) can be used for initiation of a deal for a Joint Venture (JV), Purchase of Real Estate, Real Estate Lease or Rental Agreement, Award of Scholarship, Award of Grant, Offer of Financing or Loan, Offer of Line of Credit, Offer of Employment, Offer of Acceptance to University, Grad School, Private School, and even for Service Agreements, Construction Contracts, or General Contractor Contracts. As many contracts take a long time and intensive negotiations with lawyers to complete, a Letter of Intent (LOI) serves to reduce the amount of time required and increase efficiency.
In the case of individuals, a received Letter of Intent (LOI) may serve as a basis for a visa application, loan application, grant application, or even an application for employment or interview. A letter of intent received by a prestigious institution or company can be used as leverage by an individual or company to receive a better contract, financing deal, or even line of credit for themselves from another organization. As an exception, however, Letters of Intent are often covered by Non-Disclosure Agreements (NDAs), secrecy agreements, or confidentiality agreements. If the NDA, CA, or SA is breached in the case of before-mentioned leveraging, serious legal consequences could happen to the breacher. Furthermore, LOIs are generally subject to long Due Diligence procedures, so they are not as “set in stone” as contracts, and are still quite uncertain, as much information generally needs to be shared between the parties before they finalize any agreements.