Letter of comfort (contract law)

A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.

Source: Wikipedia — Letter of comfort (contract law) (CC BY-SA 4.0)

Letter of comfort (contract law)

A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.

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Source: Wikipedia "Letter of comfort (contract law)" · CC BY-SA 4.0

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