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Letter of Intent (Purchase of Business) – Binding

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Letter of Intent (Purchase of Business) – Binding

Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000573
  • Version V 1.0
  • Last Updated 08-30-2023
  • Reviews 0
Document Summary

This letter of intent is used by a company to confirm the purchase of another company along with its inventory and assets.

Description

In a letter of intent, some of the terms and conditions regarding the purchase must be listed and will be considered part of the final purchase agreement.

Jurisdiction

This document is intended for use in the Emirate of Dubai.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers, and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.