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1. Date and Addressee Details: Formal business letter heading with date and complete details of both parties
2. Expression of Interest: Clear statement of interest in the proposed transaction or opportunity
3. Transaction Overview: Brief description of the contemplated transaction or business opportunity
4. Basic Terms: High-level outline of key commercial terms being considered
5. Non-Binding Nature: Clear statement that this is not a binding commitment except for specific provisions
6. Next Steps: Outline of the proposed process and timeline for moving forward
7. Confidentiality: Basic confidentiality obligations regarding the discussions
8. Contact Details: Key contact persons for further discussions
9. Signature Block: Formal closing and signature sections for both parties
1. Exclusivity Period: Used when parties want to establish a period of exclusive negotiations
2. Cost Coverage: Include when there's a need to address who bears the costs of preliminary discussions and due diligence
3. Governing Law Statement: Add when dealing with international parties to explicitly confirm Belgian law applies
4. Break Fee: Include when parties want to establish compensation if one party withdraws under specific circumstances
5. Term/Duration: Used when the expression of interest needs to be time-bound
6. Language Declaration: Required when dealing with parties in different Belgian regions or international parties
1. Initial Terms Sheet: High-level summary of key commercial terms being considered
2. Timeline Overview: Proposed schedule for due diligence and negotiation process
3. Corporate Information: Basic corporate information about the interested party
4. Required Approvals: List of anticipated regulatory or corporate approvals needed
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