Agreement to initiate

Agreement to initiate means a written, nonbinding statement of present intent to initiate and pursue an exchange, which is signed by the parties and which may be amended by consent of the parties or terminated at any time upon written notice by any party.

Source

36 CFR § 254.2


Scoping language

For the purposes of this subpart, the following terms have the meanings set forth in this section.

Is this correct? or