Common Contracts
1 similar null contracts
LETTER OF INTENTJanuary 16th, 2024
This letter of intent serves as a courtesy hold for rooms agreed upon by both parties, by and between [insert host University name] (“University”) and [insert hotel name] (“Hotel”). University and Hotel for and in consideration of the mutual promises and covenants expressed herein, agree to the courtesy hold outlined below. Should the University be awarded this event, Hotel agrees to honor the block and rate set forth within the letter of intent. If the University is selected to host, this agreement would stand as the official contract and offered to participating teams. If participating teams are local or have other accommodations, then University can release rooms in full without penalty. If University is not selected to host this event, the agreement is terminated without penalty.
