The Letter of Intent (LOI) is a crucial preliminary document in Philippine business transactions, serving as a stepping stone towards a more detailed and definitive agreement. It is commonly used when parties wish to formalize their initial understanding and demonstrate commitment while maintaining flexibility for further negotiations. The LOI typically outlines key commercial terms, conditions, and timelines, while clearly distinguishing between binding and non-binding provisions. Under Philippine law, while the LOI is generally non-binding as a whole, certain provisions (such as confidentiality and exclusivity) may be explicitly made binding. This document is particularly valuable in complex transactions where detailed due diligence and negotiations are required, providing a structured framework for moving forward while protecting both parties' interests.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Date, recipient's name, title, company name, and complete address
2. Subject Line: Clear indication of the letter's purpose (e.g., 'Letter of Intent - [Project/Transaction Name]')
3. Introduction: Identifies the parties and their roles, including full legal names and addresses
4. Purpose Statement: Clear statement of intent and brief overview of the proposed transaction or relationship
5. Key Terms: Outline of the principal terms and conditions of the proposed transaction
6. Timeline: Proposed schedule for negotiations, due diligence, and completion of the final agreement
7. Financial Terms: Basic financial terms, pricing, or consideration involved
8. Confidentiality: Statement regarding the confidential nature of discussions and information exchange
9. Non-Binding Statement: Clear statement about which provisions are binding and non-binding
10. Closing and Signatures: Formal closing, signature blocks for authorized representatives of all parties
1. Exclusivity: Optional clause for exclusive negotiations for a specified period, used when parties want to ensure no parallel negotiations with other parties
2. Due Diligence: Details of proposed due diligence process, included when significant investigation of assets or operations is required
3. Conditions Precedent: Key conditions that must be met before proceeding with the final agreement, included for complex transactions
4. Governing Law: Specification of applicable law and jurisdiction, included when parties are from different jurisdictions or for complex transactions
5. Costs and Expenses: Allocation of costs related to negotiations and due diligence, included for significant transactions
6. Break Fee: Provisions for compensation if either party withdraws, included in high-value transactions
7. Good Faith Deposit: Details of any required deposit, included when parties want to demonstrate serious intent
1. Term Sheet: Detailed outline of key commercial terms and conditions
2. Timeline Schedule: Detailed timeline for the transaction process, including key milestones and deadlines
3. Asset Schedule: List of assets involved in the transaction, if applicable
4. Price Structure: Detailed breakdown of pricing or payment terms, if complex
5. Due Diligence Requirements: List of required documents and information for due diligence process
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Manufacturing
Retail
Technology
Healthcare
Education
Construction
Energy
Mining
Agriculture
Transportation
Telecommunications
Financial Services
Hospitality
Infrastructure
Import/Export
Professional Services
Relevant Teams
Legal
Business Development
Finance
Corporate Strategy
Operations
Procurement
Commercial
Mergers & Acquisitions
Project Management
Real Estate
Investment
Risk Management
Compliance
Property Management
Relevant Roles
Chief Executive Officer
Managing Director
Business Development Manager
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Project Manager
Investment Manager
Real Estate Manager
Operations Director
Commercial Director
Procurement Manager
Business Owner
Development Director
Mergers & Acquisitions Manager
Contract Manager
Property Manager
Franchise Manager
Find the exact document you need
Letter Of Intent For Updating Points In Ranking
A formal Philippine jurisdiction document requesting the review and update of an individual's ranking points within an organizational system, including justification and supporting documentation.
find out more
Letter Of Intent For House (Construction)
A preliminary agreement under Philippine law between property owner and contractor outlining basic terms and intentions for a house construction project.
find out more
Letter Of Intent For Grant Proposal
A formal letter under Philippine law expressing intent to apply for grant funding, outlining project proposals and funding requirements.
find out more
Letter Of Intent For Enrollment
A formal letter expressing intent to enroll in a Philippine educational institution, compliant with local education laws and regulations.
find out more
Letter Of Intent For Retaining Points In Ranking
A formal letter used in the Philippine civil service system to request the retention of accumulated ranking points for government positions and promotions.
find out more
Letter Of Intent For Promotion Bpo
A formal document used in the Philippines BPO sector to communicate the intent to promote an employee, outlining new role details and terms under Philippine labor law.
find out more
Resume Letter Of Intent
A formal expression of interest in employment that complies with Philippine labor laws and business practices, combining professional intent with key qualifications.
find out more
Letter Of Intent To Renew Lease Contract
A formal letter under Philippine law expressing a tenant's intention to renew an existing lease agreement, outlining proposed terms and conditions for the renewal.
find out more
Commercial Lease Proposal Letter
A formal proposal document used in the Philippines to outline initial terms and conditions for commercial property leasing, serving as a preliminary offer between landlord and potential tenant.
find out more
Letter Of Intent For Volunteer Teacher
A formal letter under Philippine law expressing intent to serve as a volunteer teacher, outlining qualifications and teaching commitments.
find out more
Letter Of Intent For Accreditation As Supplier
A formal letter used in the Philippines to express interest in becoming an accredited supplier, including company credentials and compliance commitments.
find out more
LOI Business
A preliminary business document under Philippine law outlining proposed transaction terms and conditions, serving as a framework for future negotiations.
find out more
Letter Of Intent Requesting For Accreditation
A formal letter used in the Philippines to initiate an accreditation request with relevant authorities, including key company information and compliance commitments.
find out more
Letter Of Intent For A Position
A formal letter expressing interest in a specific job position, drafted in compliance with Philippine labor laws and employment regulations.
find out more
Loi (Real Estate)
A preliminary document outlining key terms for proposed real estate transactions in the Philippines, serving as a framework for future property transfer or lease agreements.
find out more
Loi In (Construction)
A preliminary agreement document under Philippine law that outlines key terms and conditions for construction projects, serving as a precursor to a formal construction contract.
find out more
LOI For Purchase
A preliminary document under Philippine law expressing intent to purchase assets, property, or business, outlining key terms and conditions for the proposed transaction.
find out more
Letter Of Intent For Organization Membership
A formal letter under Philippine law expressing intent to join an organization, including qualifications and acknowledgment of membership terms.
find out more
Letter Of Intent For Monetization
A preliminary document under Philippine law outlining proposed terms for converting assets or revenue streams into immediate funding.
find out more
Letter Of Intent For Fresh Graduate
A formal expression of interest document used by fresh graduates in the Philippines to apply for employment opportunities, following Philippine labor laws and business correspondence standards.
find out more
Letter Of Intent For Advertising
A preliminary document under Philippine law outlining proposed terms for an advertising arrangement, serving as a framework for future formal agreements.
find out more
Letter Of Intent (Education)
A preliminary document under Philippine law outlining proposed terms for educational collaboration or partnership, serving as a precursor to formal agreements.
find out more
Letter Of Intent For Financial Assistance
A preliminary, non-binding document under Philippine law that outlines proposed terms for providing financial assistance between parties.
find out more
Letter Of Intent For Service Providers
A preliminary document used in the Philippines to outline proposed terms and conditions for service arrangements, serving as a framework for negotiating a formal service agreement.
find out more
Letter Of Intent To Leave
A formal resignation letter compliant with Philippine Labor Code requirements, serving as official notice of an employee's intent to leave their position.
find out more
Letter Of Intent To Join
A preliminary document used in the Philippines expressing a candidate's formal intention to join an organization, serving as a precursor to an employment contract.
find out more
Letter Of Intent For Scholarship To Mayor
A formal letter used in the Philippines to request scholarship assistance from a city or municipal mayor, serving as an initial application for local government educational funding.
find out more
Letter Of Intent For Updating Documents
A Philippine-compliant formal letter expressing intent to update specified documents, outlining the scope and process of proposed changes.
find out more
Letter Of Intent For Teachers Ranking
A formal letter used in the Philippine education system for teachers to express their intent to participate in the official ranking and promotion process, governed by DepEd regulations.
find out more
Letter Of Intent Running For A Position
A formal declaration document under Philippine electoral law expressing intent to run for public office, submitted to electoral authorities as part of the candidacy process.
find out more
Letter Of Intent For Staying In A Job
A formal declaration under Philippine law where an employee expresses their commitment to continue employment with their current organization for a specified period.
find out more
Letter Of Intent For Continuing Teaching
A formal letter under Philippine law expressing a teacher's intent to continue their teaching position, outlining their role and commitment to the educational institution.
find out more
Letter Of Intent (Finance)
A preliminary document under Philippine law outlining key terms and conditions of a proposed financial transaction, serving as a framework for negotiations and due diligence.
find out more
Letter Of Intent Commercial (Real Estate)
A preliminary document under Philippine law outlining proposed terms for commercial real estate purchase or lease, serving as a formal expression of interest while establishing negotiation framework.
find out more
Business Letter Of Intent
A preliminary business document under Philippine law that outlines intended business arrangements or transactions between parties, setting the stage for formal agreements.
find out more
Letter Of Intent For Teacher 1 Elementary
A formal document used in the Philippines to initiate the hiring process for Teacher 1 Elementary positions, outlining employment terms and requirements under Philippine education law.
find out more
Letter Of Intent For Car Loan
A formal preliminary document used in the Philippines expressing intent to obtain vehicle financing from a financial institution, subject to local banking regulations.
find out more
Letter Of Intent To Offer Services
A preliminary document under Philippine law expressing a service provider's intention to offer professional services, outlining basic terms and conditions for future formal agreement.
find out more
Letter Of Intent To Join An Organization
A formal letter under Philippine law expressing interest in joining an organization, serving as an initial step in the membership process.
find out more
Letter Of Intent For Project Proposal
A preliminary document under Philippine law outlining parties' intentions to explore a potential project, setting the framework for future negotiations while maintaining a generally non-binding nature.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)