Sample Letter Of Intent To Purchase Assets (Page 2 of 2) in pdf

LETTER OF INTENT TO PURCHASE ASSETS

Page 2 of 8

(b)

all equipment, machinery and tools located on the premises of the BUSINESS and

used in its operations;

(c)

all rolling stock including, without limitation, cars, trucks, power lift trucks, trailer

hitches, trailers and other similar property used by the BUSINESS;

(d)

all movable property, such as office furniture and supplies, kitchen equipment,

leasehold improvements and other similar property used by the BUSINESS;

(e)

all IT material and equipment, including software, databases and any virtual goodwill,

domain names, IP addresses and hosting agreements belonging to the BUSINESS;

(f)

all inventories of raw materials and semi-finished or finished products of the

BUSINESS with an estimated value of ................... DOLLARS ($.......), the final

value of which on the closing date will be determined following an inventory that will

be jointly taken;

(g)

the client/customer list, goodwill as well as the exclusive right to use the business

name and corporate name, ..........................., used by you, as well as any other rights

you have under any pending contracts or tenders as well as under any unfilled service

contracts or orders of the BUSINESS;

(h)

the accounts receivable of the BUSINESS;

(i)

all rights that you hold in any permits and licenses for the operation of the

BUSINESS, to the extent that they may be transferred or assigned to us;

(j)

all Intellectual Property relating to the activities of the BUSINESS or belonging to

you;

(k)

all of your rights in the lease entered into to lease the premises currently occupied by

the BUSINESS and located at .............................;

(l)

your rights to the phone and fax numbers of the BUSINESS;

(m) any other property of the BUSINESS, whether movable or immovable, corporeal or

incorporeal, of any kind whatsoever in respect of which you have an interest; and

(n)

all of your rights, whether apparent or secret that may exist with regard to any person

whomsoever, for any reason whatsoever, and that relate directly or indirectly to the

BUSINESS; and

(o)

............................ (clearly identify any other property included in the offer).

Sample Letter Of Intent To Purchase Assets Page 2

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