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1. Date and Parties: Full legal names and addresses of all parties involved, including their legal status and registration details
2. Background/Recitals: Context of the proposed development, including brief description of the project and parties' current relationship
3. Definitions: Key terms used throughout the letter that require precise definition
4. Project Description: Detailed description of the proposed development project, including location, scope, and general specifications
5. Commercial Terms: Outline of key commercial terms including preliminary financial arrangements and basic economic structure
6. Timeline: Proposed schedule for due diligence, negotiations, and development milestones
7. Exclusivity: Terms of exclusive negotiations period, if applicable
8. Confidentiality: Binding provisions regarding confidential information exchange
9. Due Diligence: Framework for conducting due diligence investigations
10. Conditions Precedent: Key conditions that must be satisfied before proceeding with the development
11. Good Faith Negotiations: Commitment to negotiate in good faith towards definitive agreements
12. Governing Law: Specification of Saudi Arabian law as governing law and relevant jurisdiction
13. Signatures: Execution block for all parties
1. Cost Allocation: Section specifying how costs during the LOI period will be allocated between parties - include if parties will share preliminary costs
2. Binding Provisions: Specific section highlighting which provisions are legally binding - include if certain provisions need to be explicitly binding
3. Local Partner Requirements: Section addressing Saudi Arabian local partnership requirements - include if foreign investors are involved
4. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles - include if specifically required by parties
5. Break Fee: Provisions for compensation if either party terminates negotiations - include if parties want this protection
6. Regulatory Approvals: Detailed section on required governmental and regulatory approvals - include for complex developments
7. Force Majeure: Provisions for unforeseen circumstances - include if longer negotiation period is anticipated
1. Project Site Plan: Preliminary plans or drawings of the proposed development site
2. Initial Development Concept: Conceptual drawings or descriptions of the proposed development
3. Timeline Schedule: Detailed timeline of key milestones and deadlines
4. Due Diligence Requirements: List of required due diligence items and responsibilities
5. Required Approvals: List of necessary governmental and regulatory approvals
6. Key Commercial Terms: Summary of principal commercial terms to be included in definitive agreements
Real Estate
Construction
Infrastructure Development
Commercial Property
Residential Development
Industrial Development
Mixed-use Development
Hospitality
Retail Development
Healthcare Facilities
Educational Facilities
Tourism Development
Smart City Development
Sustainable Development
Legal
Real Estate
Development
Project Management
Investment
Commercial
Construction
Finance
Business Development
Planning
Compliance
Risk Management
Operations
Strategy
Chief Executive Officer
Development Director
Project Manager
Real Estate Director
Investment Manager
Legal Counsel
Commercial Director
Construction Manager
Financial Director
Business Development Manager
Property Director
Planning Manager
Sustainability Manager
Compliance Officer
Risk Manager
Operations Director
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