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A Letter of Intent to Fund a Project is commonly used in Hong Kong's business environment when a potential funder wishes to formally express their serious interest in providing financial support for a project while maintaining flexibility before final commitment. This document serves as a crucial intermediate step between initial discussions and a binding funding agreement, typically used when the parties have agreed on basic terms but need time for due diligence and detailed negotiation. It's particularly relevant in Hong Kong's dynamic business environment where international and local funding transactions frequently occur. The document typically includes proposed funding amounts, basic conditions, timelines, and next steps, while usually keeping main commercial terms non-binding. It's essential in establishing a framework for negotiation while providing comfort to project owners about the funder's serious intentions.

1. Letter Header: Date, addresses, and reference number

2. Recipient Details: Full name and address of the recipient

3. Subject Line: Clear identification of the document as a Letter of Intent for Project Funding

4. Introduction: Identification of parties and brief overview of the sender's interest

5. Project Overview: Brief description of the project requiring funding

6. Funding Intent: Clear statement of intention to provide funding, including approximate amount and general purpose

7. Key Terms: High-level outline of main funding conditions and requirements

8. Timeline: Proposed schedule for due diligence, documentation, and funding disbursement

9. Next Steps: Clear outline of immediate actions required from both parties

10. Non-Binding Statement: Clear statement regarding which provisions are binding/non-binding

11. Expiry Date: Validity period of the letter of intent

12. Closing: Standard letter closing, signature block, and company details