letter of intent

(redirected from letters of intent)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

letter of intent

Formal written notice given by one party to another of a commitment to pursue an action, e.g., of a plan to bring suit against another party or to take on an assignment on behalf of that party.
References in periodicals archive ?
The Letters of Intent and subsequent agreements are subject to regulatory approval and to approval by the Board of Directors of each company.
These Letters of Intent now give us the critical mass to attract leading international advertisers and further enhance our first-mover advantage.
Among the important factors that could cause the Company's actual circumstances, or results, to differ materially from those implied by such forward-looking statements include market conditions, developments in the Company's business and industry, inability to gain customer acceptance of its new products, cancellation of booked orders at any time, failure to receive any additional orders within the markets listed, failure to complete negotiations on awards and turn them into bookings, and failure to complete letters of intent and turn them into bookings.
Jones' clients have received their letters of intent to fund and are currently engaged in the required due diligence investigation and review.
E-Sync has terminated the previously-announced letters of intent for potential transactions with SpaceLogix, Inc and Howard Systems International.