Ƶ

Letter Of Intent To Purchase Shares for Philippines

Letter Of Intent To Purchase Shares Template for Philippines

A Letter of Intent to Purchase Shares under Philippine law serves as a preliminary document outlining a potential buyer's intention to acquire shares in a target company. This document, while generally non-binding except for specific provisions, establishes the fundamental terms and conditions of the proposed share purchase transaction. It must comply with Philippine corporate law requirements, particularly the Revised Corporation Code and Securities Regulation Code, and typically includes key terms such as purchase price, number of shares, due diligence provisions, and timeline for completion. The document serves as a framework for further negotiations and the preparation of definitive agreements.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Letter Of Intent To Purchase Shares

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Letter Of Intent To Purchase Shares?

The Letter Of Intent To Purchase Shares is a crucial preliminary document in Philippine corporate transactions, used when a potential buyer wishes to formally express their interest in acquiring shares of a company while setting out the basic terms of the proposed transaction. This document, while predominantly non-binding, serves multiple purposes: it demonstrates serious intent, outlines the key commercial terms, establishes a framework for due diligence, and may include binding provisions for confidentiality and exclusivity. Under Philippine jurisdiction, it must align with the Revised Corporation Code, Securities Regulation Code, and other relevant legislation. The document is typically used before proceeding with detailed due diligence and executing definitive share purchase agreements, making it an essential tool in the early stages of M&A transactions, corporate restructuring, or strategic investments.

What sections should be included in a Letter Of Intent To Purchase Shares?

1. Date and Address Block: Standard business letter format with current date and recipient's complete address

2. Subject Line: Clear indication that this is a Letter of Intent for Share Purchase

3. Opening Paragraph: Introduction of the parties and clear statement of intent to purchase shares

4. Transaction Overview: Brief description of the proposed transaction, including number of shares, target company, and proposed purchase price

5. Key Terms: Outline of the fundamental terms of the proposed purchase

6. Due Diligence: Proposed timeline and scope of due diligence investigation

7. Timeline: Proposed schedule for completing the transaction

8. Non-Binding Nature: Clear statement that the letter is non-binding except for specific provisions

9. Closing and Signature: Standard closing, with spaces for signatures of both parties

What sections are optional to include in a Letter Of Intent To Purchase Shares?

1. Exclusivity Period: Used when buyer requires exclusive negotiation rights for a specified period

2. Confidentiality Provisions: Used when a separate NDA is not in place or specific confidentiality terms need to be emphasized

3. Financing Contingency: Include when the purchase is dependent on securing specific financing

4. Break Fee: Used in larger transactions where commitment of resources warrants break fee provisions

5. Governing Law: Include when transaction involves international parties or specific jurisdiction needs to be established

6. Conditions Precedent: Used when specific conditions must be met before proceeding with the transaction

What schedules should be included in a Letter Of Intent To Purchase Shares?

1. Share Information Schedule: Details of the shares being purchased, including class, rights, and current ownership

2. Price Calculation Methodology: If the purchase price involves complex calculations or adjustments

3. Timeline Schedule: Detailed timeline of key dates and milestones for the transaction

4. Due Diligence Requirements: List of required documents and information for due diligence

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Letter of Intent

Cost

Free to use
Relevant legal definitions




























Clauses




















Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Retail

Healthcare

Energy

Telecommunications

Mining

Agriculture

Transportation

Construction

Professional Services

Education

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Executive Leadership

Investment Banking

Corporate Secretarial

Business Development

Risk Management

Compliance

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Corporate Lawyer

Investment Banking Director

Mergers & Acquisitions Manager

Corporate Development Director

Business Development Manager

Financial Controller

Legal Counsel

Company Secretary

Investment Analyst

Transaction Advisory Manager

Board Director

Managing Director

Finance Director

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Letter Of Intent For Updating Points In Ranking

A formal Philippine jurisdiction document requesting the review and update of an individual's ranking points within an organizational system, including justification and supporting documentation.

find out more

Letter Of Intent For House (Construction)

A preliminary agreement under Philippine law between property owner and contractor outlining basic terms and intentions for a house construction project.

find out more

Letter Of Intent For Grant Proposal

A formal letter under Philippine law expressing intent to apply for grant funding, outlining project proposals and funding requirements.

find out more

Letter Of Intent For Enrollment

A formal letter expressing intent to enroll in a Philippine educational institution, compliant with local education laws and regulations.

find out more

Letter Of Intent For Retaining Points In Ranking

A formal letter used in the Philippine civil service system to request the retention of accumulated ranking points for government positions and promotions.

find out more

Letter Of Intent For Promotion Bpo

A formal document used in the Philippines BPO sector to communicate the intent to promote an employee, outlining new role details and terms under Philippine labor law.

find out more

Resume Letter Of Intent

A formal expression of interest in employment that complies with Philippine labor laws and business practices, combining professional intent with key qualifications.

find out more

Letter Of Intent To Renew Lease Contract

A formal letter under Philippine law expressing a tenant's intention to renew an existing lease agreement, outlining proposed terms and conditions for the renewal.

find out more

Commercial Lease Proposal Letter

A formal proposal document used in the Philippines to outline initial terms and conditions for commercial property leasing, serving as a preliminary offer between landlord and potential tenant.

find out more

Letter Of Intent For Volunteer Teacher

A formal letter under Philippine law expressing intent to serve as a volunteer teacher, outlining qualifications and teaching commitments.

find out more

Letter Of Intent For Accreditation As Supplier

A formal letter used in the Philippines to express interest in becoming an accredited supplier, including company credentials and compliance commitments.

find out more

LOI Business

A preliminary business document under Philippine law outlining proposed transaction terms and conditions, serving as a framework for future negotiations.

find out more

Letter Of Intent Requesting For Accreditation

A formal letter used in the Philippines to initiate an accreditation request with relevant authorities, including key company information and compliance commitments.

find out more

Letter Of Intent For A Position

A formal letter expressing interest in a specific job position, drafted in compliance with Philippine labor laws and employment regulations.

find out more

Loi (Real Estate)

A preliminary document outlining key terms for proposed real estate transactions in the Philippines, serving as a framework for future property transfer or lease agreements.

find out more

Loi In (Construction)

A preliminary agreement document under Philippine law that outlines key terms and conditions for construction projects, serving as a precursor to a formal construction contract.

find out more

LOI For Purchase

A preliminary document under Philippine law expressing intent to purchase assets, property, or business, outlining key terms and conditions for the proposed transaction.

find out more

Letter Of Intent For Organization Membership

A formal letter under Philippine law expressing intent to join an organization, including qualifications and acknowledgment of membership terms.

find out more

Letter Of Intent For Monetization

A preliminary document under Philippine law outlining proposed terms for converting assets or revenue streams into immediate funding.

find out more

Letter Of Intent For Fresh Graduate

A formal expression of interest document used by fresh graduates in the Philippines to apply for employment opportunities, following Philippine labor laws and business correspondence standards.

find out more

Letter Of Intent For Advertising

A preliminary document under Philippine law outlining proposed terms for an advertising arrangement, serving as a framework for future formal agreements.

find out more

Letter Of Intent (Education)

A preliminary document under Philippine law outlining proposed terms for educational collaboration or partnership, serving as a precursor to formal agreements.

find out more

Letter Of Intent For Financial Assistance

A preliminary, non-binding document under Philippine law that outlines proposed terms for providing financial assistance between parties.

find out more

Letter Of Intent For Service Providers

A preliminary document used in the Philippines to outline proposed terms and conditions for service arrangements, serving as a framework for negotiating a formal service agreement.

find out more

Letter Of Intent To Leave

A formal resignation letter compliant with Philippine Labor Code requirements, serving as official notice of an employee's intent to leave their position.

find out more

Letter Of Intent To Join

A preliminary document used in the Philippines expressing a candidate's formal intention to join an organization, serving as a precursor to an employment contract.

find out more

Letter Of Intent For Scholarship To Mayor

A formal letter used in the Philippines to request scholarship assistance from a city or municipal mayor, serving as an initial application for local government educational funding.

find out more

Letter Of Intent For Updating Documents

A Philippine-compliant formal letter expressing intent to update specified documents, outlining the scope and process of proposed changes.

find out more

Letter Of Intent For Teachers Ranking

A formal letter used in the Philippine education system for teachers to express their intent to participate in the official ranking and promotion process, governed by DepEd regulations.

find out more

Letter Of Intent Running For A Position

A formal declaration document under Philippine electoral law expressing intent to run for public office, submitted to electoral authorities as part of the candidacy process.

find out more

Letter Of Intent For Staying In A Job

A formal declaration under Philippine law where an employee expresses their commitment to continue employment with their current organization for a specified period.

find out more

Letter Of Intent For Continuing Teaching

A formal letter under Philippine law expressing a teacher's intent to continue their teaching position, outlining their role and commitment to the educational institution.

find out more

Letter Of Intent (Finance)

A preliminary document under Philippine law outlining key terms and conditions of a proposed financial transaction, serving as a framework for negotiations and due diligence.

find out more

Letter Of Intent Commercial (Real Estate)

A preliminary document under Philippine law outlining proposed terms for commercial real estate purchase or lease, serving as a formal expression of interest while establishing negotiation framework.

find out more

Business Letter Of Intent

A preliminary business document under Philippine law that outlines intended business arrangements or transactions between parties, setting the stage for formal agreements.

find out more

Letter Of Intent For Teacher 1 Elementary

A formal document used in the Philippines to initiate the hiring process for Teacher 1 Elementary positions, outlining employment terms and requirements under Philippine education law.

find out more

Letter Of Intent For Car Loan

A formal preliminary document used in the Philippines expressing intent to obtain vehicle financing from a financial institution, subject to local banking regulations.

find out more

Letter Of Intent To Offer Services

A preliminary document under Philippine law expressing a service provider's intention to offer professional services, outlining basic terms and conditions for future formal agreement.

find out more

Letter Of Intent To Join An Organization

A formal letter under Philippine law expressing interest in joining an organization, serving as an initial step in the membership process.

find out more

Letter Of Intent For Project Proposal

A preliminary document under Philippine law outlining parties' intentions to explore a potential project, setting the framework for future negotiations while maintaining a generally non-binding nature.

find out more
See more related templates

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