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1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Context of the transaction and purpose of the preliminary agreement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter: Description of the property or business being purchased
5. Purchase Price and Payment Terms: Preliminary agreement on price range and basic payment structure
6. Due Diligence: Framework for conducting due diligence investigations
7. Exclusivity Period: Period during which seller cannot negotiate with other parties
8. Confidentiality: Obligations regarding confidential information exchange
9. Binding and Non-binding Provisions: Clear identification of which provisions are binding and non-binding
10. Timeline and Next Steps: Key dates and actions required to progress to final agreement
11. Expenses: Responsibility for costs incurred during preliminary phase
12. Governing Law: Applicable law and jurisdiction
13. Termination: Circumstances under which the preliminary agreement can be terminated
1. Break Fee: Used in larger transactions where compensation is required if one party terminates negotiations
2. Financing Condition: Include when buyer requires financing to complete the purchase
3. Regulatory Approvals: Required for regulated industries or large transactions requiring government approval
4. Employee Matters: Include for business purchases involving significant employee considerations
5. Intellectual Property: Required when IP forms significant part of purchase
6. Environmental Matters: Include for real estate or business transactions with potential environmental concerns
7. Insurance Requirements: Include when specific insurance coverage is required during due diligence
8. Public Announcements: Include for high-profile transactions or where parties are public companies
1. Schedule A - Asset Description: Detailed description of property or business assets under consideration
2. Schedule B - Preliminary Price Calculation: Framework for determining final purchase price
3. Schedule C - Due Diligence Requirements: List of required documents and information for due diligence
4. Schedule D - Timeline: Detailed timeline of key dates and milestones
5. Schedule E - Excluded Assets: List of assets specifically excluded from the potential transaction
Assets
Business Day
Binding Provisions
Closing
Closing Date
Confidential Information
Deposit
Due Diligence Materials
Due Diligence Period
Effective Date
Encumbrance
Exclusivity Period
Final Purchase Agreement
Governmental Authority
Intellectual Property Rights
Law
Losses
Material Adverse Change
Non-Binding Provisions
Parties
Permitted Encumbrances
Person
Purchase Price
Property
Representatives
Subject Matter
Taxes
Term
Third Party
Transaction
Transaction Documents
Confidentiality
Exclusivity
Due Diligence
Purchase Price
Deposit
Access Rights
Timeline
Binding Effect
Non-Binding Effect
Expenses
Break Fee
Representations and Warranties
Conditions Precedent
Termination Rights
Governing Law
Dispute Resolution
Notices
Assignment
Entire Agreement
Amendment
Severability
Further Assurances
Counterparts
Good Faith
Public Announcements
Force Majeure
Third Party Rights
Survival
Real Estate
Manufacturing
Technology
Retail
Healthcare
Professional Services
Agriculture
Mining
Energy
Transportation
Hospitality
Construction
Education
Financial Services
Legal
Finance
Mergers & Acquisitions
Corporate Development
Real Estate
Operations
Risk Management
Compliance
Business Development
Executive Leadership
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Business Development Manager
Mergers & Acquisitions Director
Real Estate Manager
Property Manager
Investment Analyst
Due Diligence Specialist
Corporate Secretary
Finance Director
Commercial Director
Operations Manager
Risk Manager
Compliance Officer
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