Document background
The Letter of Intent from Potential Customers is a crucial business document used in the Danish market when organizations wish to formally express serious interest in purchasing products or services from a supplier. This document type is particularly relevant in scenarios involving significant potential transactions or complex business relationships where formal documentation of interest is necessary for internal approval processes or to initiate detailed negotiations. Under Danish law, while such letters are typically non-binding regarding final purchase decisions, they may create certain obligations regarding good faith negotiations and confidentiality. The document serves multiple purposes: it demonstrates serious commercial intent, helps secure internal resources for both parties, and provides a framework for future negotiations. Letters of Intent from Potential Customers are especially common in large-scale procurement processes, strategic partnerships, or when dealing with innovative or custom solutions where detailed requirements need to be developed collaboratively.
