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Letter Of Intent For Business

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Letter Of Intent For Business Page 2
Letter Of Intent For Business
b. MaintenanceoftheCompany’sbusinessintheordinarycourse,andtheabsence
ofanymaterialadversechangeintheCompany’sbusinessoffinancialcondition
ormaterialchangedintheconductofitsbusinessasofthedateofthisLetterof
Intent.
c. TheCompanynotseekingorrequestinganytypeofbankruptcyprotectionor
bankruptcyprocedure.
5. BindingAgreement
Otherthanthisparagraph5,whichisintendedtobeandislegallybinding,thisletteris
nonbindingandconstitutesanindicationofintentonlyandcreatesnoliabilityorobligationofany
naturewhatsoeveramongthepartiesheretowithrespecttoanycontemplatedtransactionorany
othermatteroractiondescribedorreferredtoherein.Legallybindingobligationswithrespectto
thecontemplatedtransactionwillonlyariseuponexecutionofadefinitiveagreementandrelated
agreementswithrespecttothetransaction.
Iftheforegoingissatisfactory,pleaseindicateyouragreementwiththeforegoingby
countersigningacopyofthisletterandreturningittoourattention.Welookforwardto
proceedingtogetheronthistransaction.
_________________________________
MichaelD.Kampfer
ManagingDirector
[email protected]
662.555.0198
By:______________________________
Its:______________________________
Letter Of Intent For Business
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