Document background
The Letter Of Intent Expiration Date is commonly used in Singapore business transactions as a preliminary step before formal agreements. It provides a structured approach to negotiations while maintaining time pressure tHRough a defined expiry date. Under Singapore law, this document typically contains both binding elements (such as confidentiality and exclusivity) and non-binding elements (such as the main commercial terms). The expiration date serves to maintain momentum in negotiations and protect parties from indefinite commitments. This document is particularly useful in complex transactions where parties need to outline key terms while maintaining flexibility to negotiate final details.
