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IC Potash Corp. (ICP) and Cartesian Capital Group, LLC (Cartesian) have entered into a binding letter of intent (LOI) regarding the indirect ownership of ICP in Intercontinental Potash Corp. (USA) (ICPUSA), the company that fully owns the Ochoa sulfate of potash project. Subject to ICP shareholder ...

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The language which written in the letter of intent to purchase business is crucial, for it determines whether the letter is merely an expression of intent or an executable promise. The Letter of Intent Format A business letter of intent is a major document whenever any …

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Nov 10, 2014· Formal letter of intent is a formal declaration of intention one company or individual send to the another. Letter of intent is in some countries legally binding, meaning that company which sent the letter of intent to the another might face some penalties or charges in the case it fails to take actions in accordance with the letter of intent.

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Jan 01, 2010· A letter of intent (sometimes referred to as a letter of interest) outlines the intent of one party relative to another. These types of letters can be used in a variety of situations including business negotiations, to signal the intent to purchase real estate or by recipients of scholarships or college admissions to indicate the intent to accept a formal offer.

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FOR USE WITH LETTER OF CREDIT 34-33-101 et seq., C.R.S. 1973, as amended Notice of Intent No.: _____ ... including the Colorado Surface Coal Mining Reclamation Act (C.R.S. 1973, 34-33-101 et seq.), as amended: ... as of the date of this bond, its interest in the lands above described is free and clear of any liens or encumbrances, except as ...

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LETTER OF INTENT TEMPLATE. PandaTip: A letter of intent is a legal document outlining the major terms of an agreement between two parties, in advance of actually entering into the final agreement. It establishes the intent of the parties, and while it is often non-binding, it can be. As such, care should be taken in drafting any letter of intent.

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Dec 04, 2014· The Core Elements of Mining Law - Letters of Intent and Confidentiality Agreements - MLT Aikins, a full-service law firm with 240+ lawyers serving Western Canada from offices in Winnipeg, Regina, Saskatoon, Edmonton, Calgary & Vancouver.

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Download CFI's Letter of Intent (LOI) template. An LOI outlines the terms & agreements of a transaction before the final documents are signed. The main points that are typically included in a letter of intent include: transaction overview and structure, timeline, due diligence, confidentiality, exclusivity

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A Letter of Intent (LOI) is a statement of understanding between two parties. LawDepot's Letter of Intent is non-binding, meaning that the parties are not legally required to follow through with the terms of the agreement. The LOI acts as a foundation for a definitive agreement.

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A letter of intent template might be sent by a company to other and mostly by a purchaser to seller for establishing terms as well as conditions of the sale. It is used to write from one company to another acknowledging a willingness as well as ability to do business.

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KNOXVILLE, Tenn. -- National Coal Corp. (OTCBB:NLCP), a coal producer operating in Eastern Tennessee, is pleased to announce its wholly-owned subsidiary, National Coal Corporation, has entered into a non-binding letter of intent with Appalachian Fuels, LLC to purchase coal mining rights, leases and permits on 40,000 acres located on the Straight Creek and Pine Mountain mines in the South ...

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A letter of intent is a letter that expresses someone's intention to do something. For example, a student offered four scholarships from four different colleges may complete and send a letter of intent to the college that they decide to attend.

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A simple letter of intent comes with the information about a proposed contract and you will get free letter of intent template today to help you in formatting a LOI easily. It could be for a real estate transaction or a business deal or for a cover letter to be sent with a professional resume.The letter is meant as a prelude of the contract that would be signed later.