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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. Merger and acquisition agreements, [1] joint venture agreements ...
Letter of comfort (contract law) 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 ...
Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part ( resignation ), or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff .
The Biden administration on Wednesday announced the award of $85 million in housing funds to 21 state and local governments for a new program aimed at helping them remove barriers to the ...
ACTFL ( American Council on the Teaching of Foreign Languages) is an organization aiming to improve and expand the teaching and learning of all languages at all levels of instruction. ACTFL is an individual membership organization of more than 13,000 language educators and administrators from elementary through graduate education, as well as in ...
So far, that old-made-new tactic has worked: SoftBank’s flagship fund managed to rake in $4.6 billion after the success of some of its more high-profile investments, including the U.K. chip ...
“It will be possible—perhaps only 50 years from now—for a man to conduct his business from Tahiti or Bali just as well as he could from London,” Arthur C. Clarke, author of "2001: A Space ...
The National Letter of Intent ( NLI) is a document used to indicate a student athlete 's commitment to participating in National Collegiate Athletic Association (NCAA) colleges and universities in the United States. The NCAA Eligibility Center manages the daily operations of the NLI program while the Collegiate Commissioners Association (CCA ...