Document background
A Letter of Intent Ending is commonly used in Singapore business practice when parties need to formally conclude or terminate a previously issued Letter of Intent. This document is particularly important in situations where the original LOI's objectives have been either met, become impossible to achieve, or when parties mutually agree to discontinue their preliminary arrangement. The Letter of Intent Ending must comply with Singapore contract law and typically includes termination details, effective dates, and statements about fulfilled obligations. It serves as a clear record of the parties' agreement to end their preliminary arrangements and helps prevent future disputes.
