heads of agreement

heads of agreement
A document stating the intent of the parties to enter into a binding agreement as outlined in the document.

Finally, on July 10, 1984, Heads of Agreement were signed. Three extra drafting rounds were necessary in order to formally sign the Renegotiated Agreement.

Syn: letter of intent, memorandum of understanding

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  • heads of agreement — 1) heads of terms Also known as letters of intent, memoranda of understanding, heads of agreement, letters of potential interest, term sheets or protocols. A document which sets out the terms of a commercial transaction agreed in …   Law dictionary

  • heads of agreement — ˌheads of aˈgreement Used to be nested under agreement . noun heads of agreement PLURALFORM [countable] LAW COMMERCE a document signed by the people involved in a deal, showing that they definitely want to be involved in it: • We have a heads of… …   Financial and business terms

  • Heads of Agreement — may refer to: * Heads of agreement (law), a non binding document outlining the main issues relevant to a tentative (partnership or other) agreement * [Heads ofsecurity crisis in the Central American nation of Belize in March and April 1981,… …   Wikipedia

  • Heads Of Agreement — A non binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents the first step on the path to a full legally binding agreement or contract, and serves as a guideline for the roles and… …   Investment dictionary

  • Heads of Agreement (1981) — The Heads of Agreement was a 1981 document proposing a solution to the Guatemalan claim to Belizean territory. Created in February and signed on March 11 in London, England, the agreement sought to propose future bases for negotiations between… …   Wikipedia

  • Heads of Agreement (law) — A heads of agreement is a non binding document outlining the main issues relevant to a tentative (partnership or other) agreement [Website Investopedia (24 Jan 2008) http://www.investopedia.com/terms/h/headsofagreement.asp] References …   Wikipedia

  • heads of agreement — /ˌhedz əv ə gri:mənt/ plural noun 1. a draft agreement with not all the details complete 2. the most important parts of a commercial agreement …   Dictionary of banking and finance

  • heads of agreement — /ˌhedz əv ə gri:mənt/ noun the most important parts of a commercial agreement …   Marketing dictionary in english

  • agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …   Financial and business terms

  • heads of terms — 1) heads of terms Also known as letters of intent, memoranda of understanding, heads of agreement, letters of potential interest, term sheets or protocols. A document which sets out the terms of a commercial transaction agreed in …   Law dictionary

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