Letter of intent and balance of sale price
As part of our series of articles on letters of intent (hereinafter referred to as the “Letter” or “Letters”) in commercial transactions for the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/), we’re going to take a closer look at…
Letter of intent and purchase price deposit
As part of our series of articles on 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 will take a closer look at the…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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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