Letter of Intent to Purchase Assets and Shares but Not Debt (USA)
Price $15.00
Document Id : 1053
Are you planning to make an offer to buy a business in the USA? Put your offer in writing with this Letter of Intent to purchase the assets and shares - but not the debt - of the business.
- The letter of intent is not a legal contract and is not legally binding, except as it relates to the negotiations between the parties.
- The purchase will not include cash on hand and accounts receivable.
- The buyer will not assume the liabilities or obligations of the business.
- All pre-closing debts are to be paid by the seller.
- The seller will be responsible for preparing and filing the closing income tax return and for terminating all employees.
- The buyer will make employment offers to the employees of the business after the Closing.
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USA Letter of Intent to Purchase Assets and Shares but Not Debt template is available in MS Word format, and is fully editable to fit your particular circumstances.
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