No, what you're trying to say is that National Standard intends to renege on the letter of intent with Solar Wind Energy. There is ABSOLUTELY NO evidence that they plan to do so.
In fact, there may be legal repercussions for National Standard if they reverse course without due cause.
Although the agreement is non binding, as you've previously pointed out, National Standard could still held accountable if it doesn't act in good faith.
National Standards reputation would be tarnished by failure to follow through. Refusal to honor an agreement is very unprofessional.
Solar Wind Energy is, in good faith, moving forward towards construction. They are putting time and resources into moving the project forward. They may sue for damages if National Standard pulls out without having good reason.
Using your example let's say you have been to the bank and have obtained a letter of intent from the bank saying that if you satisfy their conditions that they will finance you in the purchase of a house.
With the banks letter of intent firmly in hand you consult a realtor and begin looking for a house that suits you.
There's a ton of details to consider and you diligently address each and every one, after all you're going to spend the rest of your life living in the home.
You're going to raise children there and eventually babysit your grandchildren there.
You visit all the schools K through 12. You even check out the local college since you intend your children to attend college.
As you narrow your focus you have three possible locations chosen. You pay for thorough inspections of each location to insure that the building is in good condition and that it's actually worth the asking price.
You spend 6 full months of your life making a decision. You cross all the Ts & dot all the Is. You've not only satisfied all the conditions given by the bank you've exceed them in each and every way.
After all the time, effort, and expense you're finally ready to go to the bank and sign the deal that was outlined in the letter of intent that the bank gave you.
You walk into the bank and speak with the same person who gave you the letter of intent. 6 months of hard work has came to this conclusion.
The banker then treats you like a hobo off the street. He laughs at you and says that the letter was just a joke.
Didn't you read the fine print? That letter was non binding we never intended to honor it.
Pretty childish don't you think?
Hitchens' razor
What can be asserted without evidence can be dismissed without evidence
