Non-Binding Agreement. Except for the paragraph entitled “Public Announcements and Confidentiality Agreement,” the provisions in the Letter of intent are for information purposes only and are nonbinding on all parties. The Prospective Transaction requires further negotiation and documentation, including preparing and executing a final agreement. This letter does not require either party to proceed to the completion of a binding final agreement. The parties shall be contractually bound to the sale, purchase, or transfer listed above unless and until they enter into a formal, written final agreement, which must be in form and content satisfactory to each party and to each party’s legal counsel, in their sole discretion.
Appears in 1 contract
Sources: Letter of Intent
Non-Binding Agreement. Except for the paragraph entitled “"Public Announcements and Confidentiality Agreement,” " the provisions in the this Letter of intent Intent are for information informational purposes only and are nonbinding on all partiesParties. The Prospective Transaction requires further negotiation and documentation, including preparing and executing a final agreement. This letter does not require either party to proceed to the completion of a binding final agreement. The parties shall not be contractually bound to the sale, purchase, purchase or transfer listed above unless and until they enter into a formal, written final agreement, which must be in form and content satisfactory to each party and to each party’s 's legal counsel, in their sole discretion.
Appears in 1 contract
Sources: Letter of Intent
Non-Binding Agreement. Except for the paragraph paragraphs entitled “"Exclusivity" and "Public Announcements and Confidentiality Agreement,” " the provisions in the this Letter of intent Intent are for information informational purposes only and are nonbinding non-binding on all partiesParties. The Prospective Transaction requires further negotiation and documentation, including preparing and executing a final agreement. This letter does not require either party to proceed to the completion of a binding final agreement. The parties shall not be contractually bound to the sale, purchase, purchase or transfer listed above unless and until they enter into a formal, written final agreement, which must be in form and content satisfactory to each party and to each party’s 's legal counsel, in their sole discretion.
Appears in 1 contract
Sources: Letter of Intent
Non-Binding Agreement. Except for the paragraph entitled “Public Announcements and Confidentiality Agreement,” the provisions in the this Letter of intent Intent are for information informational purposes only and are nonbinding on all partiesParties. The Prospective Transaction requires further negotiation and documentation, including preparing and executing a final agreement. This letter does not require either party to proceed to the completion of a binding final agreement. The parties shall not be contractually bound to the sale, purchase, purchase or transfer listed above unless and until they enter into a formal, written final agreement, which must be in form and content satisfactory to each party and to each party’s legal counsel, in their sole discretion.
Appears in 1 contract
Sources: Letter of Intent