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This transaction is a top priority for us and we are ready to proceed as soon as possible; It is important that you make the same commitment to us before dedicating additional time and resources to this opportunity. OUR NAME developed an investment thesis and an understanding of the business through our first due diligence, including several interviews with management, as well as a preliminary data audit. We imagine that our due diligence Due Diligence Is a process of verification, investigation or review of a potential transaction or investment opportunity, in order to confirm all relevant financial facts and information and verify everything that has been mentioned during an M&A agreement or investment process. Due diligence is concluded before the closing of a transaction. would include, among other things, commercial, accounting and financial duels, as well as usual legal, tax and regulatory work. Learn more about employment contracts and why you should use one. When a declaration of intent is qualified as non-binding, it does not create contractual obligations for either party, but merely constitutes a comfort decision. Taking into account the costs to be insinscribed by each party in following up on the acquisition and sale provided for in this letter and taking into account the reciprocal obligations of the parties with respect to the matters described in this letter, paragraphs 5 to 10 below, after the performance of the counterparties to this letter, establish by each of the parties legally binding and enforceable agreements on the negotiation procedures and prepare the definitive agreements. A Memorandum of Understanding can be a legally binding contract between the parties or a non-binding agreement between the parties.

Whether or not to maintain an effective contract under these conditions depends on the construction of the declaration of intent and the action of the parties. Generally speaking, there are three possibilities: a letter of intent (LOI) is a short-term contract, which precedes a binding contract. B, such as a share purchase agreement or an asset sale agreement (definitive agreements) A definitive purchase agreement (DPA) is a legally valid document that defines the terms between two companies entering into a merger agreement. Acquisition, divestiture, joint venture or some form of strategic alliance. . . .