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This free template Letter of Intent for an Asset Purchase Agreement is a non-binding document outlining the general terms and price by which a buyer proposes to purchase the assets of a particular business.  If signed by the seller, it indicates that both parties intend to move forward in completing the transaction. It is often used in the context of an M&A transaction. You can learn more about the differences between asset purchaes and stock purchases here

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Disclaimer This form is a sample that has been prepared for general informational purposes only. Nothing contained in the form is legal advice, nor does it create an attorney-client relationship with either the drafting attorney or Priori Legal. You are encouraged to seek your own legal counsel to review the form, customize it for your business and obtain advice on its general applicability prior to use.

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