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Letter Of Intent Ending
"I need a Letter of Intent Ending to terminate our preliminary agreement with TechCorp Solutions Ltd regarding the software development project, effective from March 15, 2025, ensuring all confidentiality provisions remain in force."
1. Date and Address Block: Current date and recipient's full address details at the top of the letter
2. Reference to Original LOI: Clear identification of the Letter of Intent being terminated, including its date, parties, and subject matter
3. Termination Statement: Clear and unambiguous statement declaring the termination of the Letter of Intent
4. Effective Date: Specific date when the termination takes effect
5. Outstanding Obligations: Statement regarding any remaining obligations or payments that need to be addressed
6. Signature Block: Space for signature, name, and title of the authorized signatory
1. Reason for Termination: Optional explanation of termination reasons - recommended when maintaining business relationships is important
2. Confidentiality Reminder: Reference to ongoing confidentiality obligations that survive termination - include if sensitive information was shared
3. Return of Materials: Instructions for returning any documents or materials - include if physical or digital assets were exchanged
4. Future Cooperation: Statement about potential future business relationships - include if maintaining good relations is desired
1. Original LOI: Attachment of the original Letter of Intent being terminated
2. Outstanding Items Schedule: List of any incomplete items or outstanding obligations that need to be addressed
3. Final Account Statement: Summary of any financial matters to be settled between the parties
Authors
Original Agreement
Effective Date
Termination Date
Outstanding Obligations
Confidential Information
Parties
Representatives
Business Day
Completion
Costs
Surviving Provisions
Binding Provisions
Non-binding Provisions
Prior Agreements
Related Documents
Materials
Intellectual Property Rights
Working Day
Notice
Effective Date
Outstanding Obligations
Surviving Provisions
Return of Materials
Confidentiality
No Further Rights
Release of Liability
Costs
Governing Law
Third Party Rights
Entire Agreement
Notices
Further Assurance
Counterparts
Assignment
Severability
Non-Waiver
Authority to Execute
Expenses
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