Common Contracts
1 similar Letter Agreement contracts
Alibaba Innovations Corp.Letter Agreement • June 8th, 2015 • Ontario
This letter agreement (the “Agreement”) is intended to set out our mutual understanding of the terms and conditions upon which ABJ will be prepared to acquire 100% of the authorized share capital of [Redacted: Seriously prejudicial to the Issuer] (the “Transaction”), free and clear of all liens, claims and encumbrances. The terms of this binding Agreement are intended to govern the conduct of the parties until such time as the parties execute a long form agreement with respect to the Transaction (the “Long Form Agreement”) or this Agreement has been terminated in accordance with its terms. In the event that the parties are unsuccessful in entering into the Long Form Agreement by June 20, 2015, this Agreement shall govern the relationship between the parties, and the parties shall execute the Transaction pursuant to the terms of this Agreement. This Agreement shall not confer on any person or entity, other than the parties hereto, any rights or remedies.
