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The Letter Of Intent From Potential Customers is a crucial document in Canadian business transactions that bridges initial discussions and formal agreements. It serves as a preliminary written statement where potential customers express their serious interest in purchasing products, services, or engaging in business relationships. This document type is particularly valuable in complex or high-value transactions where parties need to document their intentions before committing resources to detailed negotiations or due diligence. While generally non-binding, it may contain certain binding provisions like confidentiality clauses, and must comply with Canadian federal and provincial laws regarding contract formation, consumer protection, and electronic commerce. The LOI helps establish clear communication channels, basic terms, and timelines, while providing a foundation for subsequent negotiations.

1. Date and Address Block: Formal business letter heading with date and recipient's complete address

2. Introduction: Identifies the writer and their organization, establishes the purpose of the letter

3. Expression of Interest: Clear statement of interest in the product/service and the specific scope being considered

4. Project/Purchase Overview: Brief description of the intended purchase or project, including approximate quantities or scope

5. Proposed Terms: High-level outline of key commercial terms being considered (pricing, timing, delivery)

6. Conditions and Dependencies: Key factors that would influence the final decision to proceed

7. Non-Binding Statement: Clear statement that this is a non-binding expression of interest

8. Next Steps: Proposed timeline and process for moving forward

9. Closing: Professional closing with contact information and signature block