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Short Simple Letter Of Interest
"I need a Short Simple Letter of Interest to express our company's intention to purchase a manufacturing facility in Manchester, with a proposed timeline for due diligence starting March 2025 and including a 60-day exclusivity period."
1. Date and Addressee Details: Full contact information of both parties including names, addresses, and relevant business details
2. Purpose Statement: Clear statement of interest in the proposed transaction or relationship, setting out the main objective
3. Project/Transaction Overview: Brief description of the proposed arrangement or business opportunity being explored
4. Non-Binding Nature: Explicit statement that the letter is non-binding and does not create legal obligations between parties
5. Next Steps: Proposed course of action or timeline for moving the discussions forward
6. Signature Block: Space for signature, name, title, and company details of the sender
1. Exclusivity: Optional clause requesting exclusive negotiation rights for a specified period
2. Confidentiality: Provisions regarding the treatment and protection of confidential information exchanged during discussions
3. Cost Allocation: Terms describing how any preliminary costs or expenses will be handled between parties
1. Initial Terms Sheet: High-level outline of proposed commercial terms and key points for negotiation
2. Project Timeline: Proposed schedule for negotiations and completion of the potential transaction
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