An agreement calling for an investor to invest a specific amount in a fund over a defined period in order to qualify for reduced sales charges The reduced sales charge may apply to an individual fund or to all the funds operated by a single investment management firm
A formal document intended to ensure that the parties involved (venture capitalists and your company) are close in their understanding of the transaction and that action may commence to formulate the definitive legal documents and confirm due diligence The Letter of Intent may include the names of the issuer and purchasers, amount of financing, type of security, etc Also known as The Term Sheet
A grantor's letter or brief statement indicating intention to make a specific gift
Prior to proposal submission in Phase 1, proposers who intend to write proposals must submit via electronic mail a letter containing, per intended proposal, a 5-line abstract of the scientific case A list of envisaged observing modes is not mandatory
A formal method of stating that a prospective developer, buyer or lessee, is interested in property
A promise by a shareholder to invest a specific amount of money for a specified period of time This is used to reduce sales charges
This is an informal document that some parents use to express their wishes and expectations about the future life of their adult children It may provide additional, detailed information about the desired life quality and preferred use of financial resources not found in the formal planning documents It can be used togehter with the plans on this web site
A feature in mutual funds to reduce sales charges whereby a mutual fund shareholders promises to invest a specified amount of money on a monthly basis for a stipulated period of time
A method of presenting an offer to purchase a business that outlines the general provisions of the offer and the intent of the parties, until a more complete, definitive agreement can be formalized that is based on the letter and subsequent negotiations Non-binding provisions will generally address negotiable issues, while binding features will typically discuss exclusive dealing between the buyer and seller, the return of confidential materials, the non-solicitation of employees, the duty to negotiate in good faith, and the like Often used in larger, more complex transactions
A written indication to the owner of property that the writer will be making an offer to purchase the property
Written agreement between two parties stating an understanding to conduct business, but not a binding contract to do so
A formal statement in which an individual indicates the intention to purchase property for a certain price and on a specific date
A signed agreement allowing an investor to buy front-load mutual fund shares at a lower overall sales charge, based on the total dollar amount of the intended investment
A letter that formalizes the relationship between an underwriter and a company preparing to go public The letter of intent outlines the underwriter fees, ranges for stock prices, and other terms of the underwriter's agreement (See underwriter)
A document issued by a prospective buyer that signals a desire to go forward with a purchase and that outlines the preliminary terms of the purchase 576
A formal method of stating that a prospective developer, buyer or lessee, is interested in property Not an offer and creates no obligation
A preliminary agreement stating the proposed terms for a final contract They can be "binding" or "non-binding" This is the threshold issue in most litigation concerning letters of interest The parties should always consult their respective legal counsel before signing any Letter of Intent
An assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges In mergers, a preliminary merger agreement between companies after significant negotiations
A document signifying genuine interest in reaching a final agreement, conditional upon the results of more detailed due diligence and negotiations
A document by which the investor states that he intends to enter into a High-Yield transaction
A grantor's letter or brief statement indicating intention to make a specific gift Topic areas: Fundraising and Financial Sustainability
Typically, a letter from a potential buyer to a seller indicating the seriousness of the potential buyer's interest and agreeing to hold in strict confidence any data provided by the seller to assist the buyer in evaluating the property or business being sold Usually required by the owner of an agency from a prospective buyer before sharing proprietary information
document that details a person's intention to act in a certain way or perform a certain task
A letter that states a prospective donor's intention to make a specified gift or legacy; it is used when a prospective donor prefers to avoid making a pledge Since it could possibly constitute a binding obligation under some circumstances, it is advisable for a prospective donor to seek legal counsel before executing such a letter
A written statement expressing the intention of the undersigned to enter into a formal agreement, especially a business arrangement or transaction
A formal method of stating that a prospective developer, buyer or lessee is interested in property