Non-Binding Offer Sample Contracts
Non binding offer acquisition templateNon-Binding Offer • June 28th, 2023
An “agreement to agree” between the two parties in a sales process A non-binding offer, also referred to as an indicative offer, is used in a sales process to establish the terms of a deal between the seller and the buyer. It serves as an “agreement to agree” between the two parties. Through the document, the buyer expresses an interest to acquire the target, but the agreement is not intended to be legally binding and, therefore, it does not constitute a binding contractual commitment to pursue the transaction to the end. It is often used to keep discussions and negotiations moving along between the buyer and the seller. A binding obligation only comes into effect when the two parties agree and sign a definitive agreement that indicates that the offer is legally binding. A non-binding offer serves as a useful tool to show whether the seller and the buyer share similar terms and views about the transaction. A potential purchaser should make a non-binding offer as attractive as possible
EXHIBIT 99.2 SUN CAPITAL PARTNERS, INC. April 20, 2006 Tracy Aronson Schwartz Merrill Lynch & Co. Four World Financial Center 30th Floor New York, NY 10080 Dear Ms. Schwartz: On behalf of Sun Capital Partners Group IV, Inc. or its assigns ("Sun...Non-Binding Offer • April 21st, 2006 • Marsh Supermarkets Inc • Retail-grocery stores
On behalf of Sun Capital Partners Group IV, Inc. or its assigns ("Sun Capital", "we", "us" or "our"), we are pleased to submit this non-binding offer to you with respect to the acquisition (the "Acquisition") of Marsh Supermarkets, Inc. ("Marsh" or the "Company").