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Letter of intent and financing conditions

As part of our discussion on letters of intent (hereinafter referred to as the “Letter” or “Letters“) in commercial transactions involving the sale of shares (see – https://endlex.ca/letter-of-intent-definition-and-purpose/ ), we will be taking a closer look…
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Letter of intent and exclusivity clause

As part of our discussion of letters of intent (hereinafter referred to as the “Letter” or “Letters“) in commercial transactions involving the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/), we take a closer look at the exclusivity clause and…
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Letter of Intent and Binding Nature

To expand on our last article on letters of intent (hereinafter referred to as the “Letter” or “Letters“) in the context of commercial transactions involving the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/ ), we will take a closer…
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Letter of intent – Definition and purpose

In a business transaction, the letter of intent, also known as the offer to purchase or promise to purchase (and for the purposes of this article, the “Letter“), is a legal document used by the parties…
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Asset or Share Purchase – 3 Elements to Consider

You may be thinking of buying or selling a business and you are hesitating between a sale of shares and a sale of assets? Here are 3 elements to consider before making your choice:   1.Capital Gains…
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What is a Minute Book?

“What is as minute book?” We get this question a lot. Many entrepreneurs incorporate and operate their business without having a clue as to what a minute book is. It is quite common for businesses to…
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What is a Stock Restriction Agreement?

A startup’s success is closely tied to its founders’ contribution, especially at early stage, and such contribution will have a significant impact on the valuation of the company. Consequently, it is essential for the growth and…
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Legal Obligations of Digital Marketing

Now more than ever, digital marketing has become a very important tool for any business. A strong online presence can help your business generate a lot of revenue while strengthening your brand. Digital marketing usually involves…
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Legal obligations of E-Commerce

The Covid-19 pandemic has drastically changed Canada’s economic landscape. It had a very detrimental effect on certain industries. However, other sectors are witnessing significant growth during these troubling times. Such is the case for E-commerce. There…
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Penal clauses in commercial agreements

The parties to commercial agreements can agree on different mechanisms to ensure the compliance of the obligations set forth in such agreements. Penal clauses are one of the methods used to ensure compliance. The purpose of…
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How to protect your business’s intellectual property

The protection of the intellectual property (“IP“) created, developed or invented in connection with the operations of your business (“Business IP“) is essential for the growth and the success of it, especially for any business operating…
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3 reasons why you need a shareholders’ agreement

Starting a business is an exciting adventure. When you start a business with other partners, the goal is to combine your resources and efforts to ensure the success of the business. If you are operating your…
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