Only serious contenders should be involved Buy Email List at this point. Now is not the time to waste anyone's time as a tire-kicker if the goal is Buy Email List not to proceed. Buyers should be clear that regardless of signing the NDA, data such as names of specific clients will not be divulged, not just at this point, but until the transaction Buy Email List closes. Letter of Intent (LOI) and Terms Sheet are typically non-binding documents which are used for one fundamental purpose.
Determine if there is a meeting of the Buy Email List minds between the buyer and seller on the price and terms of the sale. The LOI will outline the strategic Buy Email List points of the agreement. Investing time at this stage and preparing a more detailed Buy Email List document will avoid misunderstandings and prevent key terms from being renegotiated later. Some of the broad points that should be addressed include.
Who is buying the business? What is Buy Email List being acquired Buy Email List Assets, Stock Transaction price and how that money is being paid Loan commitment letter date. Proposed closing date. Is there a consulting agreement and if so, what are the terms? What are the contingencies for the transaction to close? LOAN Buy Email List With an executed (signed) LOI in hand the buyer will now need to obtain a 'Loan Commitment Letter' from the lender.