{"iri":"https://folio.openlegalstandard.org/RBsAWTzoeiDxN6j8TYnzARJ","label":"Binding Letter of Intent Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"en-gb":"Binding Letter of Intent Clause","fr-fr":"Clause de lettre d'intention contraignante","es-es":"Cláusula de Carta de Intención Vinculante","es-mx":"Cláusula de Carta de Intención Vinculante","pt-br":"Cláusula de Carta de Intenção Vinculante","de-de":"Klausel zur verbindlichen Absichtserklärung","he-il":"סעיף מכתב התכוון מחייב","hi-in":"बाध्यकारी इंटेंट लेटर क्लॉज","ja-jp":"拘束力のある意向書条項","zh-cn":"约束性意向书条款"},"hidden_label":null,"definition":"A Binding Letter of Intent Clause is a provision in a contract that outlines the parties' agreement to be bound by the terms of a letter of intent, which is a preliminary agreement that sets out the basic terms of a proposed transaction.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}