A Letter Of Intent Asset Purchase Agreement is commonly used in the United States as a preliminary step in asset acquisition transactions. It's typically employed when a potential buyer has identified assets they wish to purchase but before conducting detailed due diligence or finalizing terms. The document outlines key aspects of the proposed transaction including asset identification, purchase price, timeline, and conditions, while establishing a framework for negotiation and due diligence. While primarily non-binding, it demonstrates serious intent and can include binding provisions for confidentiality and exclusivity. This document is particularly valuable in complex transactions where parties need to align on major terms before investing significant resources in due diligence and final agreement preparation.
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. Parties: Identification of buyer and seller with full legal names and addresses
2. Background/Recitals: Context of the proposed transaction and parties' intent
3. Purpose: Clear statement of intent to enter into an asset purchase agreement
4. Assets Description: High-level description of assets to be purchased
5. Purchase Price: Proposed purchase price or price range and payment terms
6. Due Diligence: Framework for conducting due diligence investigation
7. Timeline: Proposed schedule for due diligence and closing
1. Exclusivity: Period during which seller cannot negotiate with other parties - used when buyer wants exclusive negotiating rights
2. Confidentiality: Terms of information sharing and non-disclosure - used when not covered by separate NDA
3. Break-up Fee: Compensation if deal doesn't close under specific circumstances - used for larger transactions with significant due diligence costs
1. Asset Schedule: Preliminary list of major assets to be included in transaction
2. Due Diligence Checklist: Initial list of required documents and information
3. Timeline Schedule: Detailed timeline of key dates and milestones
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
NDA For Potential Acquisition
A U.S.-governed confidentiality agreement protecting sensitive information shared during acquisition discussions.
Download
Property Purchase Letter Of Intent
A preliminary document outlining proposed terms for a property purchase in the U.S., serving as a framework for negotiations.
Download
Real Estate Purchase Letter Of Intent
A preliminary document used in US real estate transactions to outline proposed terms and conditions of a property purchase before formal contract negotiations.
Download
Earnout Agreement
U.S.-governed agreement structuring contingent payments in M&A transactions based on post-closing performance targets.
Download
Letter Of Intent Share Purchase Agreement
A preliminary agreement outlining proposed terms for share purchase in a U.S. business transaction, combining binding and non-binding elements.
Download
Letter Of Intent Share Purchase
A preliminary document outlining proposed terms for share purchase under U.S. law, serving as a framework for negotiations.
Download
Letter Of Intent Mergers And Acquisitions
A preliminary document outlining key terms and conditions for a proposed merger or acquisition under U.S. law.
Download
Letter Of Intent Merger
A preliminary document outlining key terms and conditions for a proposed merger between companies under U.S. law.
Download
Letter Of Intent For Acquisition Of Business
A preliminary document under U.S. law that outlines the proposed terms for one company to acquire another company or its assets.
Download
Letter Of Intent For Acquisition Of A Company
A preliminary document outlining proposed terms for company acquisition under U.S. law.
Download
Letter Of Intent Asset Purchase Agreement
A preliminary document outlining proposed terms for an asset purchase transaction under U.S. law, serving as a framework for final agreement negotiations.
Download
Law Firm Merger Agreement
A legal agreement governing the merger of two or more law firms in the United States, addressing professional, operational, and regulatory requirements under U.S. law.
Download
Land Purchase Letter Of Intent
A preliminary document outlining proposed terms for a land purchase transaction in the United States.
Download
Land Acquisition Agreement
A U.S. legal agreement governing the purchase and sale of real property, outlining terms and conditions for land transfer.
Download
Intent To Purchase Business Agreement
A U.S.-governed preliminary agreement outlining the proposed terms for purchasing a business, serving as a framework for future negotiations.
Download
Domain Name Acquisition Agreement
A U.S.-governed agreement facilitating the legal transfer of domain name ownership between parties.
Download
Confidentiality Agreement Mergers And Acquisitions
A U.S.-governed agreement protecting confidential information exchanged during M&A transactions.
Download
Company Merger Contract
A legal agreement governed by U.S. law that establishes the terms and conditions for combining two or more companies into a single entity.
Download
Company Acquisition Contract
A legally binding agreement under U.S. law that documents the terms and conditions for one company's acquisition of another.
Download
Company Acquisition Agreement
A U.S.-governed legal agreement detailing the terms and conditions for one company's acquisition of another.
Download
Commercial Purchase Letter Of Intent
A U.S.-governed preliminary document outlining proposed terms and conditions for a commercial purchase transaction.
Download
Buyout Term Sheet
A preliminary document outlining key terms and conditions for a proposed acquisition or buyout transaction under U.S. law.
Download
Business Acquisition Term Sheet
A preliminary document outlining key terms and conditions for a proposed business acquisition under U.S. law.
Download
Business Acquisition Purchase Agreement
A U.S.-governed legal agreement documenting the terms and conditions of a business acquisition transaction, including purchase price, assets/shares transfer, and related obligations.
Download
Business Acquisition Letter Of Intent
A preliminary document outlining proposed terms for a business acquisition under U.S. law, serving as a framework for negotiating the final agreement.
Download
Business Acquisition Contract
A U.S.-governed contract documenting the terms and conditions for the purchase and sale of a business, including assets or shares transfer and related obligations.
Download
Business Acquisition Agreement
A U.S.-governed legal agreement defining terms and conditions for the purchase and sale of a business, including price, warranties, and closing conditions.
Download
Asset Purchase Term Sheet
A US-governed preliminary document outlining key terms and conditions for a proposed asset acquisition transaction.
Download
Asset Purchase Letter Of Intent
A preliminary document outlining proposed terms for an asset purchase transaction under U.S. law.
Download
Asset Acquisition Agreement
A U.S.-governed agreement documenting the purchase and sale of specific assets between parties, including terms, conditions, and obligations of the transaction.
Download
Acquisition Term Sheet
A preliminary document outlining key terms and conditions for a proposed acquisition transaction under U.S. law.
Download
Acquisition Purchase Agreement
A U.S.-governed legal agreement documenting the terms and conditions of a business acquisition transaction.
Download
Acquisition Non Compete Agreement
A U.S. legal agreement that prevents sellers from competing with a business they've sold for a specified period and territory.
Download
Acquisition Nda
A U.S.-governed confidentiality agreement protecting sensitive information shared during potential acquisition discussions and due diligence.
Download
Acquisition Letter Of Intent
A preliminary, non-binding document under U.S. law that outlines the proposed terms for acquiring a company or its assets.
Download
Acquisition Confidentiality Agreement
A U.S.-governed legal agreement protecting confidential information shared during potential acquisition discussions and due diligence processes.
Download
Term Sheet Merger And Acquisition
A non-binding document outlining key terms and conditions for proposed M&A transactions under U.S. law.
Download
Term Sheet For Acquisition Of Shares
A preliminary document outlining key terms for share acquisition in the US, serving as a framework for definitive agreements.
Download
Term Sheet For Acquisition Of Company
A non-binding document outlining key terms and conditions for a proposed company acquisition under U.S. law.
Download
Stock Purchase Letter Of Intent
A preliminary, non-binding document under U.S. law that outlines proposed terms for a stock purchase transaction.
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)