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07:22 Mar 3, 2020 |
English to Polish translations [PRO] Law/Patents - Law: Contract(s) / consultancy services | |||||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 09:36 | ||||||
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3 | potwierdzający zaangażowanie |
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2 +1 | wyrażające zainteresowanie |
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heads of agreement |
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potwierdzający zaangażowanie Explanation: może tak? |
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wyrażające zainteresowanie Explanation: Letter of intent/heads of agreement are nonbinding, and are preliminary steps in reaching an agreement. At this stage, tt appears to be an expression of interest on the part of the owner. ccccccccccccccccccccccccccccccccccccccccccccccccccccccccc The agreement is the first step toward creating a formal deal, and due to its tentative nature can often be renegotiated or reneged. https://www.investopedia.com/terms/h/headsofagreement.asp |
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4 hrs |
Reference: heads of agreement Reference information: What Is a Heads of Agreement? A "heads of" agreement is a non-binding document that outlines the basic terms of a tentative partnership agreement or transaction. Also known as a "heads of terms," or "letter of intent," a heads of agreement marks the first step on the path to a full legally binding agreement or contract and a guideline for the roles and responsibilities of the parties involved in a potential partnership before any binding documents are drawn up. Such a document is commonly used in commercial transactions, such as the purchase of a business. As a business term, "heads of agreement" is most commonly used in Australia, New Zealand, and the United Kingdom. KEY TAKEAWAYS A "head of" agreement is an initial, non-binding document that establishes the basic framework for a partnership or transaction. The agreement is the first step toward creating a formal deal, and due to its tentative nature can often be renegotiated or reneged. While heads of agreements are considered non-binding, certain aspects, such as nondisclosure clauses, may not be. https://www.investopedia.com/terms/h/headsofagreement.asp |
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