The Non-Binding Letter of Intent To Purchase Business is a crucial preliminary document used in Belgian business acquisitions to outline the proposed terms of a potential transaction before proceeding with detailed due diligence and definitive agreements. It serves as a roadmap for negotiations while explicitly maintaining its non-binding nature, except for specific provisions like confidentiality. Typically used after initial discussions but before detailed due diligence, this document helps align parties' expectations and provides a framework for the transaction process. Under Belgian law, while the document is primarily non-binding, certain principles of good faith in negotiations must be observed. The letter typically includes proposed purchase price ranges, transaction structure, timeline, due diligence scope, and any exclusivity arrangements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Sender and Recipient Details: Full legal names and addresses of both parties
2. Date: Date of the letter
3. Subject Line: Clear indication this is a Non-Binding Letter of Intent
4. Introduction: Brief introduction of the parties and purpose of the letter
5. Target Business Description: Clear identification and description of the business being considered for purchase
6. Proposed Transaction Structure: Outline of the proposed purchase structure (asset vs. share purchase)
7. Purchase Price and Payment Terms: Indicative purchase price range and proposed payment structure
8. Due Diligence: Outline of the proposed due diligence process and timeline
9. Key Conditions: Major conditions that would need to be satisfied for the transaction to proceed
10. Timeline: Proposed timeline for due diligence, negotiations, and closing
11. Non-Binding Nature: Clear statement that the letter is non-binding except for specific provisions
12. Binding Provisions: Specific provisions that are intended to be binding (confidentiality, exclusivity if applicable)
13. Next Steps: Outline of the immediate next steps in the process
14. Closing: Signature blocks and formal closing of the letter
1. Exclusivity Period: Optional section requesting exclusive negotiation rights for a specific period - include when exclusivity is desired
2. Break Fee: Optional section specifying any break fees - include when there's significant due diligence cost
3. Employee Matters: Optional section addressing key employee retention or transition - include when employee retention is crucial
4. Financing: Optional section outlining proposed financing structure - include when financing arrangements are material
5. Key Asset Schedule: Optional section listing key assets included - include when specific assets are crucial to the deal
6. Regulatory Approvals: Optional section addressing specific regulatory requirements - include when regulatory approval is significant
1. Schedule A - Key Assets: Preliminary list of key assets included in the proposed transaction
2. Schedule B - Initial Due Diligence Request List: Preliminary list of documents and information required for due diligence
3. Schedule C - Proposed Timeline: Detailed timeline with key milestones and deadlines
4. Schedule D - Confidentiality Terms: Detailed confidentiality provisions that are binding
5. Appendix 1 - Corporate Structure: Current and proposed post-transaction corporate structure diagrams
6. Appendix 2 - Key Terms Summary: Summary of key commercial terms for easy reference
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Retail
Financial Services
Healthcare
Real Estate
Professional Services
Energy
Transportation
Telecommunications
Construction
Agriculture
Hospitality
Media and Entertainment
Environmental Services
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Strategy
Executive Leadership
Business Development
Risk Management
Compliance
Tax
Treasury
Corporate Secretariat
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Corporate Development Director
Head of Mergers & Acquisitions
Business Development Manager
Investment Director
General Counsel
Finance Director
Strategy Director
Board Member
Company Secretary
Transaction Manager
Due Diligence Manager
Find the exact document you need
Notice Of Intent To Vacate Letter
A formal notice document used in Belgium by tenants to legally inform landlords of their intention to end their lease agreement and vacate the rental property.
Download
LOI Purchase
A Belgian law-governed purchase agreement detailing terms and conditions for the sale and transfer of goods or assets, compliant with Belgian Civil Code requirements.
Download
LOI Letter
A Belgian employment law letter (LOI Letter) that establishes the formal employment relationship and key terms under Belgian jurisdiction.
Download
LOI Form
A Belgian employment contract (LOI Form) that outlines employment terms and conditions in compliance with Belgian federal and regional laws.
Download
Letter Of Intent For Scholarship Application
A formal letter under Belgian law declaring intent to apply for and accept a scholarship, outlining qualifications and commitment to the program.
Download
Letter Of Intent For Purchase Of Real Property
A preliminary document under Belgian law outlining the intended terms and conditions for a property purchase transaction.
Download
Formal Letter Of Interest
A Belgian-law governed preliminary business document expressing formal interest in a potential transaction or opportunity, serving as a precursor to detailed negotiations.
Download
Formal Letter Of Intent
A preliminary document under Belgian law outlining key terms and conditions of a proposed business transaction, establishing framework for negotiations while maintaining specific binding provisions.
Download
LOI Tender
A Belgian public procurement document (LOI Tender) that outlines requirements and conditions for bidding on public contracts under Belgian law and EU directives.
Download
Letter Of Intent For Internship Student
A preliminary document under Belgian law outlining the intended terms and conditions of a student internship arrangement between a host organization and a student.
Download
Cover Letter Of Intent
A formal letter expressing professional intent or interest, drafted in accordance with Belgian legal requirements and business practices.
Download
Letter Of Intent To Construct A House
A preliminary document under Belgian law outlining parties' intentions and basic framework for a house construction project, establishing key terms and conditions while maintaining primarily non-binding status.
Download
Letter Of Interest To Participate In Tender
A formal document used in Belgian public procurement processes to express an organization's intention to participate in a specific tender opportunity, governed by Belgian law and EU directives.
Download
LOI Project
A Belgian draft law document (LOI Project) prepared for parliamentary consideration, drafted in both French and Dutch under Belgian federal legislative requirements.
Download
LOI Business
A Belgian business law contract governing commercial relationships between entities under Belgian jurisdiction and EU regulations.
Download
LOI Commercial (Real Estate)
Belgian commercial real estate lease agreement governed by Belgian law, establishing terms and conditions for commercial property rental under the Commercial Lease Act.
Download
Letter Of Intent (Real Estate)
A preliminary agreement document under Belgian law outlining key terms and conditions for proposed real estate transactions, incorporating both binding and non-binding provisions.
Download
Application Letter Of Intent
A formal expression of interest document under Belgian law that outlines professional intentions and qualifications while adhering to Belgian business practices and civil law principles.
Download
Professional Letter Of Intent
A Belgian-law governed preliminary document outlining proposed business transaction terms and establishing negotiation framework.
Download
Letter Of Intent To Leave
A formal resignation letter compliant with Belgian employment law, documenting an employee's intention to terminate their employment and specifying notice periods and last working day.
Download
Letter Of Intent To Purchase (Real Estate)
A preliminary document under Belgian law outlining the proposed terms and conditions for real estate purchase, serving as a framework for the final purchase agreement.
Download
Letter Of Intent (Finance)
A preliminary financial agreement under Belgian law outlining proposed transaction terms and conditions, serving as a framework for further negotiations while maintaining a generally non-binding nature.
Download
LOI For Grants
A Belgian law-governed agreement establishing terms and conditions for grant funding, including disbursement, implementation, and compliance requirements.
Download
Letter Of Intent To Sell Vehicle
A preliminary document under Belgian law expressing the intention to sell a specific vehicle, outlining basic terms and conditions of the proposed sale.
Download
Business Sale Letter Of Intent
A preliminary agreement under Belgian law outlining the proposed terms and conditions for a business sale transaction, establishing the framework for negotiation and due diligence.
Download
Notice Of Intent To Vacate Apartment
A formal Belgian legal document notifying a landlord of a tenant's intention to terminate their lease and vacate a rental property, compliant with Belgian regional housing laws.
Download
Letter Of Intent To Work Together
A Belgian law-governed preliminary document outlining intended collaboration between parties, establishing framework for future partnership while maintaining mostly non-binding status.
Download
Letter Of Intent To Return
A Belgian law-governed formal declaration documenting an intention to return items, property, or to a position/location, typically including return specifics and timeline.
Download
Letter Of Intent To Participate In Project
A Belgian law-governed preliminary document expressing intent to participate in a project, outlining basic terms while maintaining mostly non-binding status.
Download
Letter Of Intent For Contract Renewal
A Belgian law-governed formal letter expressing intent to renew an existing contract, outlining key renewal terms and conditions.
Download
Bank Letter Of Intent
A preliminary banking document governed by Belgian law expressing a financial institution's interest in providing specified banking services or financing to a recipient.
Download
LOI For Business Purchase
Belgian law-governed agreement for the purchase and transfer of a business entity or its assets, incorporating specific Belgian legal and regulatory requirements.
Download
Letter Of Intent To Continue Working
A Belgian-law governed document confirming the intention to continue an existing employment relationship between employer and employee.
Download
LOI
A Belgian federal legislative act (LOI/Wet) that forms part of Belgium's primary legislation, requiring parliamentary approval and royal assent.
Download
Letter Of Intent To Purchase Goods
A preliminary document under Belgian law outlining the intention to purchase goods, setting out key terms and conditions for the proposed transaction.
Download
Due Diligence Letter Of Intent
A Belgian law-governed preliminary agreement outlining the framework for conducting due diligence investigations and establishing key terms for potential business transactions.
Download
Letter Of Interest (Real Estate)
A preliminary, non-binding document under Belgian law expressing interest in purchasing specific real estate property, outlining basic terms and conditions for potential negotiations.
Download
Non Binding Letter Of Intent
A preliminary non-binding document under Belgian law outlining parties' intentions for a potential business transaction, with optional binding provisions for confidentiality and exclusivity.
Download
Letter Of Interest
A Belgian-law governed preliminary document expressing formal interest in a business opportunity or transaction, establishing framework for future negotiations.
Download
Letter Of Intent To Purchase
A preliminary document under Belgian law outlining proposed terms and conditions for a potential purchase transaction, serving as a framework for further negotiations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)