Letter of Intent (LOI) - Joint Venture (Simple)

Manufacturing JV

No. of Prokens Required: 2 |

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Description:

A simple letter of intent (LOI) in relation to a manufacturing joint venture company. This represents the good faith intentions of the parties to proceed but is not legally binding.

On the basis of mutual discussions, Party 1 and Party 2 intend to negotiate and establish an equity joint venture company with limited liability (hereinafter referred to as the "JVC"). The purpose of this letter of intent is to set forth the current understanding of the parties in respect of the proposed JVC so as to provide the basis for the preparation of a feasibility study report, a joint venture contract and articles of association.

Document Type:

Mou / loi / termsheet

Category:

Business > General Business > MOU, Letter of Intent and Heads of Terms

 
Keywords:

memorandum of understanding

,  

MOU

,  

joint venture

,  

jv

,  

legally binding

,  

non binding

,  

good faith

,  

heads of agreement

,  

heads of terms

,  

HOA

,  

HOT

,  

LOI

,  

Letter of Intent

,  

manufacturing

,  
Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.