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006 Legal Letter Of Intent Template

006 Legal Letter Of Intent Template Astounding To Take Action

The price paid and the price adjustments will be determined by the audited or un_audited balance sheet figures of the business on a specified date and these shall focus themselves on the adjustments that arise after the closing date due to changes in the accounts receivable and inventories of the business from a specified date up until the closing date.

If your most qualified prospect submits a Letter Of Intent that includes a lower price and more generous terms than you had wanted or a less qualified buyer has submitted a more attractive LOI, then now is the time to negotiate with the stronger prospect. It's almost impossible to improve the deal once you have accepted (by signing) the Letter Of Intent. However, the buyer may find reasons to re_negotiate a lower price during the due diligence phase.

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