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Term Sheet - Sale of Business
A Term Sheet - Sale of Business establishes the general terms of an agreement in the sale of your business.4.3 (20 reviews)
Under 5 minutes
Suitable for Australia
Document Overview
A Term Sheet - Sale of Business sets out the general idea of the agreement before you proceed to the full agreement. This document is intended to be used as a pre cursor agreement to a Business Sale Agreement. Term Sheet - Sale of Business gives you an overview of the potential agreement in purchasing a business or selling your business. This overview is helpful in conducting your due diligence, and is useful in negotiating a better deal for both parties. It makes it easier for both parties to later reach an agreement, and hopefully lead to a sale of the business.
Use this Term Sheet - Sale of Business if:
- You are looking to purchase a business, and would like to set out some general terms as an overview and/or for negotiation.
What does the Term Sheet - Sale of Business cover?
- The parties to the agreement;
- The assets included in the purchase price;
- The assets excluded in the purchase price;
- The liabilities of both parties;
- The completion date;
- The purchase price;
- The payment terms;
- Any conditions precedent, warranties, costs included;
- Confidentiality clause; and
- Option to be binding.
Other names for Term Sheet - Sale of Business include:
- Sale of Business Pre-Nup; and
- Heads of Agreement to Sale of Business.
Other documents you may need:
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Here's what people say about Lawpath’s Term Sheet - Sale of Business
Website terms & conditionsThis document was easy to create, edit and use. Very comprehensive.
Glen
First tryThe document was easy to create....Unable to assess utility until i finish this review.
john
Easy to useThis was simple and easy to use and completed what i needed
Greg Paul
HelpfulThe document templates are really helpful to get guidance around agreements and contracts.
Jwil5423
Formatting could be a little betterAll the required information is on the page which is great, however some of the formatting for this document is a little off.
Dayne
Great guidanceMaking the task of developing essential documents simplified
Private user
Good expereinceThis process of document creation was exactly what i need at this time.
tubi
Great ecperienceThe document was exactly what we needed for our online store. I was very impressed with how detailed it was and how easy it was to auto populate. I will definitely be using lawpath again.
Natasha
Great experience!The document was easy to complete and great being able to review before submitting.
Debbie
Great experienceThe document was very easy to create and perfect for my needs.
Sam Berzy
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