Home / Legal / Glossary / Letter of intent (LOI)
See All Glossary Terms
See All Glossary Terms
- practice notes (8)
- precedents (10)
- News (8)
GLOSSARY
Published by a LexisNexis Construction expert
What does Letter of intent (LOI) mean?
A document setting out terms to allow a contractor to commence work on a project before complete formal contract documents are agreed and finalised. A letter of intent is usually limited to work for a defined period of time or works up to a limited specified value.
View the related practice notes about Letter of intent (LOI)
Transaction planning and preliminaries phase in share purchase transactions
Transaction planning and preliminaries phase in share purchase transactions This Practice Note is part of the Share purchase...
Read More
Quantum meruit in construction
Quantum meruit in construction This Practice Note looks at what quantum meruit is, the most common situations in which...
Read More
Discover our 8 Practice Notes on Letter of intent (LOI)
View the related precedents about Letter of intent (LOI)
Heads of terms—private M&A—share purchase
Heads of terms—private M&A—share purchase Strictly private and confidential To: [Insert potential seller name] [Insert potential seller address] FAO: [insert...
Read More
Ireland—Heads of terms—private M&A—share purchase
Ireland—Heads of terms—private M&A—share purchase Strictly private and confidential To: [Insert potential seller name] [Insert potential seller address] FAO: [insert...
Read More
Dive into our 10 Precedents related to Letter of intent (LOI)
View the related News about Letter of intent (LOI)
Construction weekly highlights—22 February 2024
This week's edition of Construction weekly highlights includes a case in which the Technology and Construction Court (TCC) considered whether...
Read More
Commercial weekly highlights—22 February 2024
This week's edition of Commercial weekly highlights includes: analysis of the decision in CLS v WJG Evans which considered whether...
Read More
Read the latest 8 News articles on Letter of intent (LOI)
Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.
Access this content for free with a 7 day trial of LexisNexis and benefit from:
- Instant clarification on points of law
- Smart search
- Workflow tools
- 41 practice areas
'); $('.cs_maintext2 a').remove() $('.cs_maintext2').append('GET CERTIFIED') } else { var retrievedSegment = localStorage.getItem('Ln_DB'); if (retrievedSegment != null && retrievedSegment != '' && retrievedSegment != undefined) { var lnDB = JSON.parse(retrievedSegment); var userCompany = lnDB["Company_Name"]; if (userCompany.toLowerCase().indexOf("university") > -1 || userCompany.toLowerCase().indexOf("college") > -1) { //change the header $('h4.glossary').text(userCompany + " GLOSSARY"); //remove trial from light house $('.button_grp .trailbtn').remove() //change section CTa to GET CERTIFIED $('.takefreetrialbtn a').remove(); $('.takefreetrialbtn').append('GET CERTIFIED') //change bottom CTA $('.freetrail_bottomtext .bottom_text').text("Quickly access all the law you need with our modern user-friendly tools. Develop your legal knowledge so you’re ready for the working world."); $('.takefreetrail_main button').remove(); $('.takefreetrail_main').append('Existing user? Sign-in'); $('.takefreetrail_main').css('width', 'fit-content'); //change RHS CTA $('#floating-rhs-cta').remove(); $('.rhs_side').append('
Login
'); $('.cs_maintext2 a').remove() $('.cs_maintext2').append('GET CERTIFIED') } } } } $('#accordion').on('hidden.bs.collapse', function () { $('#defaultdiv').show("50"); }); $('#accordion').on('shown.bs.collapse', function () { $('#defaultdiv').hide("0"); }); if (window.matchMedia("(max-width: 767px)").matches) { if (!($('.desktop-30').length > 0) ) { $('.sub-titles').hide(); } else { } } var countOfDocs = 8 + 10 + 0 + 8 + 0 + 0; if (countOfDocs > 0) { $('#total-doc-number').text(countOfDocs); } const url = "https://plus.lexis.com/uk/legalresearch"; const parseResult = new DOMParser().parseFromString(url, "text/html"); const parsedUrl = parseResult.documentElement.textContent; const title = "letter-of-intent-(loi)"; var utmParam = "?utm_source=psl_da_mkt&utm_medium=referral&utm_campaign=" + title; if (parsedUrl.indexOf('?') > -1) { utmParam = "&utm_source=psl_da_mkt&utm_medium=referral&utm_campaign=" + title; } var isArchived='False'; if (isArchived == 'True') { $("#login-psl").attr("href", parsedUrl + utmParam); $("#login-student-cta").attr("href", parsedUrl + utmParam); $("#login-student-rhs-cta").attr("href", parsedUrl + utmParam); $("#HDR-SP-SIGN-IN").attr("href", parsedUrl + utmParam); $(".signBtn.btn-popupArchived").attr("href", parsedUrl + utmParam); } else { $("#login-psl").attr("href", parsedUrl + utmParam); $("#login-student-cta").attr("href", parsedUrl + utmParam); $("#login-student-rhs-cta").attr("href", parsedUrl + utmParam); $("#HDR-SP-SIGN-IN").attr("href", parsedUrl + utmParam); $(".signBtn.btn-popupArchived").attr("href", parsedUrl + utmParam); } }); var btn = document.getElementById('speaker'); speechSynthesis.cancel() var u = new SpeechSynthesisUtterance(); var synth = window.speechSynthesis; var voices = []; voices = synth.getVoices().sort(function (a, b) { const aname = a.name.toUpperCase(), bname = b.name.toUpperCase(); if (aname < bname) return -1; else if (aname == bname) return 0; else return +1; }); var isDaniel = voices.filter(x => x.name == "Daniel UK English Male"); if (isDaniel.length <= 0) { var v = voices.filter(x => x.name == "Google UK English Male"); if (v.length <= 0) { u.voice = voices[0]; } else { u.voice = v[0]; } } else { u.voice = voices[0]; } u.text = 'Letter of intent (LOI)'; var t; u.onstart = function (event) { t = event.timeStamp; }; u.onend = function (event) { t = event.timeStamp - t; }; if (btn != null || btn != undefined) { btn.onclick = function () { speechSynthesis.speak(u); }; } //Set Timeout Function start setTimeout( function () { var isArchived='False'; if (isArchived == 'True') { document.getElementById("overlay").style.display = "block"; } }, 3000); //Set Timeout Function end
Powered by Lexis+®
Case studies
"It gives us a really broad coverage of the law, as well as the specialist areas we have to deal with: contracting, procurement, employment law, governance. I've found some fairly obscure case law on LexisLibrary, very quickly."
Walsall Council
Access all documents on Letter of intent (LOI)