Interim agreement, which contains the main points of the planned business or confirmed that a certain course of action is to be taken. Normal, there is no final agreement, but means a genuine interest in the final agreement, subject to due diligence, additional information or subject to certain conditions. The language in writing a letter of intent is of crucial importance and determines whether it is enforceable only expression of intention or obligation. Also called 'Memorandum of Understanding' or 'Area'.