The following Corporate guidance note provides comprehensive and up to date legal information covering:
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Note: Brexit—drafting boilerplate clauses.
Strictly private and confidential
To: [Insert potential seller name]
[Insert potential seller address]
FAO: [Insert name of relevant contact at the potential seller]
Date: [insert date]
Dear [Insert name of relevant contact at the potential seller],
Proposed acquisition of the entire issued share capital of [insert target company name] Limited (the Company) from [insert seller name] (the Seller)
We refer to our recent discussions concerning the proposed acquisition by [insert buyer name] (or a member of its group of companies) (the Buyer) of [the entire issued share capital OR [insert other description of number of shares being sold]] of the Company (the Sale Shares) from the Seller (the Proposed Acquisition). Each of the Seller and the Buyer is a party and together they are parties.
In this letter, unless otherwise provided:
means the period from the date of this letter until, and including, [insert date on which the exclusivity period ends];
the sale, transfer or other disposal of all or any part of the business of
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