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A Non-Binding Letter of Intent to Purchase Business is typically used in the initial stages of a business acquisition process in Qatar, when a potential buyer has identified a target business and wishes to formally express their interest and proposed terms. This document serves as a crucial stepping stone between initial discussions and a binding purchase agreement, outlining key terms such as purchase price, payment structure, and conditions precedent. While operating under Qatar's legal framework, it provides a clear framework for due diligence and further negotiations while explicitly maintaining its non-binding nature. The document helps parties align their expectations and provides a roadmap for the transaction, typically including provisions for confidentiality and potentially exclusive negotiation periods. It's particularly important in the Qatari business context where formal documentation of intentions is valued in commercial relationships.

1. Sender and Recipient Details: Full legal names and addresses of both parties, including date of letter

2. Subject Line: Clear identification as 'Non-Binding Letter of Intent - Proposed Purchase of [Business Name]'

3. Introduction: Brief introduction stating the purpose of the letter and confirming its non-binding nature

4. Business Identification: Clear description of the target business, including legal entity name, registration details, and location

5. Transaction Overview: High-level description of the proposed transaction structure and type of acquisition

6. Proposed Purchase Price: Indicative purchase price or price range, subject to due diligence

7. Key Terms: Outline of major terms and conditions that would be included in the final agreement

8. Due Diligence: Proposed scope and timeline for due diligence process

9. Timeline: Proposed schedule for negotiation, due diligence, and completion

10. Confidentiality: Statement regarding confidentiality of discussions and information exchange

11. Non-Binding Nature: Clear statement reiterating the non-binding nature of the letter

12. Closing: Signature blocks and formal closing of the letter