G. Terms of the transaction_Examples: All Cash at Closing... or Ūꯠꯠ Cash and 趚ꯠ Promissory Note at Closing. H. Information pertaining to any lease to be entered into by the buyer. Example: Buyer and Seller agree to enter into a triple net lease with an original term of 10 years and three five_year options. Annual increases in the lease rate will be the lesser of CPI or 2Ǒ% of prior year's rent. Again, the LOI is not drafting the lease. It is only establishing the primary terms.
Second, make sure you choose the right coaching staff. When a head coach from a university comes into your living room to sell you on why you should pick their school, they usually tell you everything you want to hear. But, can they be trusted to follow up on all of their promises? You want to make sure that early on you can develop a trust with the head coach.