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In consideration of and as a situation of the partners getting into this settlement and different valuable attention, the receipt and sufficiency of which consideration is mentioned, the parties to this agreement agree as follows:. For example, an involved client might post an loi to a vendor as a proper way to make a suggestion on a enterprise. At that point, the seller may want to assessment the terms in the letter and decide in the event that they wish to move forward with the purchase or if there are negotiations wished ahead.