D. Asset Identification_The LOI should identify the assets to be bought and sold in the transaction. For example: Assets of ABC Childcare, Inc. and real estate held in the name of XYZ, LLC and used in operations of ABC Childcare, Inc. Said assets and real estate are located at 123 Main Street, Any Town, Any State, 12345. E. The Purchase Price. F. Amount of buyer's good faith deposit and the company responsible for escrowing the deposit.
The NLI is null and void if any of the following occur: Denied admission to the university _ If a review by the NLI office determines that necessary admission information was purposely omitted, the NLI MAY remain binding. Deemed a nonqualifier by NCAA Eligibility Center _ If the student_athlete fails to meet the requirements for NCAA initial eligibility.