BINDING LETTER OF INTENT Sample Clauses

BINDING LETTER OF INTENT. The present document is a Binding Letter of Intent (“Binding LOI”) between Meso Numismatics Group Inc., a Nevada corporation having its principle place of business at 000 Xxxxx Xxxx Xxxxx 000 Xxxx Xxxxx, Xxxxxxx 3432 (“Pubco), Global Stem Cells Group Inc. a Florida Corporation, whose principal place of business is located at 00000 XX 00xx Xxxxx, xxxxx 000, Xxxxx Xxxxx, Xxxxxxx, 00000 XXX, (“GSCG”) Xxxxxx Novas, CEO of GSCG (“BN”), in his capacity as CEO and shareholder of GSCG and residing in Miami Florida, (“BN referred to herein as Shareholder (Pubco, BN referred to herein as Parties or Party), whereby Pubco shall purchase all of the outstanding shares in GSCG (“Transaction”) under the following terms and conditions:
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BINDING LETTER OF INTENT. This LOI is intended to be an expression of the Parties’ respective intentions, interests, and willingness to continue to work together in good faith and to finalize the Transaction Documents consistent with the terms outlined in Exhibit A on or before August 31, 2024.
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BINDING LETTER OF INTENT. The present document is a Binding Letter of Intent (“Binding LOI”) between Lans Holding Inc., a Nevada corporation having its principle place of business at 000 Xxxxxxxx, Xxxxx, XX 00000(“Pubco), Global Stem Cells Group Inc. a Florida Corporation, whose principal place of business is located at 00000 XX 00xx Xxxxx, xxxxx 000, Xxxxx Xxxxx, Xxxxxxx, 00000 XXX, (“GSCG”) Xxxxxx Novas, CEO of GSCG (“BN”), in his capacity as CEO and shareholder of GSCG and residing in Miami Florida, (“BN referred to herein as Shareholder (Pubco, BN referred to herein as Parties or Party), whereby Pubco shall purchase all of the outstanding shares in GSCG (“Transaction”) under the following terms and conditions:
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BINDING LETTER OF INTENT. The terms of this letter of intent shall be a binding agreement of the parties hereto. If you agree with the foregoing, please deliver a counter signed copy of this letter to the undersigned by December 21, 2001. TENGTU INTERNATIONAL INC. Per: -------------------------------- Name: -------------------------------- Title: -------------------------------- AGREED AND ACCEPTED ON THIS _____ DAY OF DECEMBER 21, 2001 XXXXXXXX.XXX, INC. Per: -----------------------------
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BINDING LETTER OF INTENT. The parties have entered into this Letter of Intent desiring to set forth their understandings and agreements relating to the transaction described below, and realizing that time is of the essence the parties intend for this Letter of Intent to be binding and for the parties to be bound by the understandings and agreements set forth below. Therefore, for and in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows.
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BINDING LETTER OF INTENT. This Binding Letter of Intent (the “LOI”), dated as of February 9, 2024 (the “Effective Date”), sets forth the terms of the agreement between Bxxx Holdings, Inc., a publicly traded Delaware corporation (the “Buyer” or “Bxxx”), on the one hand, and Operators Only Corp., a Delaware corporation (“Operators Only”), Golden Health & Wellness, Inc. (which does business as “Lemonnade North”), Safe Accessible Solutions, Inc. (which does business as “Cookies Sacramento”), and Sacramento Commercial Services, Inc. (which does business as “Lemonnade South”), (together the “Targets” and each a “Target”), on the other hand, for the acquisition of the businesses of Targets known as Operators Only, Lemonnade North, Cookies Sacramento (which includes the delivery business known as “Jxx St. Delivery” and the cannabis flower brand known as “Turkey Bag Heroes”), and Lemonnade South (together the “Businesses” and each a “Business”). The Buyer and the Targets may be referred to collectively as “Parties” and each separately a “Party”. This LOI formalizes the mutual intent of the Parties to proceed with these acquisitions under the outlined terms and conditions and is binding upon the Parties, subject to the execution of definitive agreements.
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Related to BINDING LETTER OF INTENT

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Binding Agreement; Assignment This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 6 hereof) any part of this Agreement without the prior express written consent of the Company.

  • Binding Agreement; Assignments Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the parties that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Neither the Borrower nor any Guarantor may assign or transfer any of its rights or obligations hereunder (and any such attempted assignment or transfer shall be void) without the prior written consent of the Required Lenders. Notwithstanding the foregoing, at the time any Guarantor is released from its obligations under the Guarantee Agreement in accordance with such Guarantee Agreement and the Credit Agreement, such Guarantor will cease to have any rights or obligations under this Agreement.

  • Execution and Binding Obligation This Agreement has been duly executed and delivered by the Purchaser, and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under bankruptcy, insolvency or other Law affecting the enforcement of creditors’ rights generally and the discretion that a court may exercise in the granting of equitable remedies such as specific performance and injunction.

  • Valid and Binding Agreements The Operative Agreements to which Owner is a party have been duly authorized, executed and delivered by Owner and, assuming the due authorization, execution and delivery thereof by the other party or parties thereto, constitute the legal, valid and binding obligations of Owner and are enforceable against Owner in accordance with the respective terms thereof, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium and other similar Laws affecting the rights of creditors generally and general principles of equity, whether considered in a proceeding at law or in equity.

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