Letter of Intent means the intimation by a Post/Fax/email to the tenderer that the tender has been accepted in accordance with provisions contained in the letter. The responsibility of the contractor commences from the date of issue of this letter and all terms and conditions of the contract are applicable from this date.

Letter of Intent means the purchaser letter conveying his acceptance of the bid subject to such reservations as may have been stated therein.

Letter of Intent means the official notice issued by the Purchaser notifying the Contractor that his proposal has been accepted and it shall include amendments thereto, if any, issued by the Purchaser. The “Letter of Intent” issued by the Purchaser shall be binding on the “Contractor”. The date of detailed Purchase Order shall be taken as the effective date of the commencement of contract.

Examples of Letter of Intent in a sentence

The Effective Date of Contract shall be the date of issue of the Letter of Intent.
The responsibility of successful Bidder under this Contract commences from the date of issue of the Letter of Intent (LOI) by the BHEL.

More Definitions of Letter of Intent

Letter of Intent means intimation by a letter to the tenderer that his tender has been accepted.

Letter of Intent means the intimation by a letter to the tenderer that the tender has been accepted in accordance with provisions contained in the

Letter of Intent means the letter to be issued by the BPC to the Bidder, who has been identified as the selected bidder, for award of the Project to such Bidder;

Letter of Intent means the customer’s letter conveying his acceptance of the tender subject to such reservations as may have been stated therein.

Letter of Intent means the communication of the intention of the ICSI to the vendor for the award of work read with tender documents.

Letter of Intent means the Owner’s letter conveying the award of Contract.

Letter of Intent or “LOI” means the letter described in section 53.1 of this RFA;