Cosigners other than parent or legal guardian must be approved in advance _ If for some reason the student_athlete's parent or legal guardian is not available to cosign the NLI (death, incarceration, etc.), the person selected to cosign the NLI must be approved in advance by the NLI office. The name of the person selected to cosign and their relationship to the student_athlete must be submitted to the NLI office to gain approval. THIS PERSON CAN NOT BE A COACH OR ATHLETIC ADMINISTRATOR.
Selling a Business _ Why the Letter of Intent is So Important. A Letter Of Intent, or LOI, is an "intermediate" document drafted and submitted to you by the buyer.I say intermediate, because it is not the final contract. But it spells out the major elements of the sale the buyer and seller have agreed to so far. Typically, you will accept a Letter Of Intent and then enter into a period of exclusive negotiations with just one buyer. The Elements Of The Letter Of Intent.