I completely understand the smoke_and_mirrors dance producers have to perform to bring all sides to the middle, but when it comes to key talent attachments, if it's not verifiable, it doesn't exist. Bottom line, ditch the letters and let us pick up the phone and verify Mr. Jackman.
9. Describe what you would like to review during the due diligence period _ financial information, leases, rent roll, etcሂ. Include the earnest money you would be prepared to put down during due diligenceሃ. Identify a Closing Date target _ it may be within 30 or 45 days of conclusion of the Due Diligence Period. This will vary based on the projectሄ. End the letter stating if these terms are acceptable, to let you know and you will follow up with a formal Purchase Agreement to move forward on the purchaseህ. Sign the letter.