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The Letter Of Intent For Food Stall is a crucial preliminary document used in the Saudi Arabian food service industry when parties wish to establish initial terms for a potential food stall operation. This document type is particularly relevant in commercial settings such as shopping malls, food courts, markets, or other retail spaces where food service establishments operate. While non-binding in nature, it sets out essential terms including proposed location, commercial terms, and operational concepts. The document must comply with Saudi Arabian commercial law, including regulations from the Saudi Food and Drug Authority (SFDA) and municipal authorities. It serves as a stepping stone toward a formal agreement while allowing parties to conduct necessary due diligence and obtain required permits. The Letter of Intent helps parties establish clear expectations while maintaining flexibility during the negotiation phase.

1. Date and Parties: Full names and addresses of both parties - the potential food stall operator and the property owner/manager

2. Purpose Statement: Clear statement that this is a non-binding Letter of Intent for operating a food stall

3. Proposed Location: Specific details of the proposed location for the food stall, including the exact spot within the property

4. Business Concept: Brief description of the proposed food stall concept, type of cuisine, and basic operational details

5. Commercial Terms: Proposed rental/lease terms, including expected rent, duration, and payment structure

6. Timeline: Expected timeline for finalizing the agreement and commencing operations

7. Due Diligence: Overview of the required permits, licenses, and compliance requirements

8. Non-Binding Nature: Clear statement that this LOI is non-binding except for specific terms like confidentiality

9. Expiration Date: Validity period of the LOI and deadline for moving forward with formal agreements

10. Signature Block: Space for parties to sign and date the letter