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Loi Offer
"I need an LOI Offer to propose acquiring a tech startup in London, with a 60-day exclusivity period and specific provisions for IP due diligence, targeting completion by March 2025."
1. Opening Statement: Date, parties' details, and clear indication this is a Letter of Intent
2. Transaction Overview: Brief description of the proposed transaction
3. Key Commercial Terms: Principal commercial terms being proposed
4. Non-Binding Nature: Clear statement about which provisions are non-binding
5. Exclusivity Period: Duration for exclusive negotiations
1. Due Diligence Process: Used when detailed due diligence is required
2. Break Fee: Include when parties want to specify compensation for withdrawal
3. Confidentiality: Include if not covered by separate NDA
4. Costs: Include if parties want to specify cost allocation
1. Term Sheet: Detailed commercial terms in tabular format
2. Timeline: Proposed transaction timeline and key milestones
3. Corporate Information: Key corporate details of parties involved
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