The LOI Purchase Agreement is a crucial preliminary document used in Philippine business transactions when parties are contemplating a significant purchase of assets or business interests. It serves as a stepping stone between initial discussions and the final purchase agreement, documenting the parties' serious intention to proceed with the transaction while allowing flexibility for further negotiation. Typically used in corporate acquisitions, major asset purchases, or business combinations, the LOI Purchase Agreement sets out key commercial terms, due diligence requirements, and any binding obligations such as confidentiality and exclusivity. While governed by Philippine law, particularly the Civil Code and relevant commercial regulations, the document often incorporates international business practices to facilitate cross-border transactions. It provides a structured framework for negotiations while protecting both parties' interests during the pre-contractual phase.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the buyer and seller with complete legal names and addresses
2. Background: Brief context of the transaction and relationship between the parties
3. Definitions: Key terms used throughout the LOI that require specific definition
4. Subject Matter of Purchase: Clear identification of the assets or business to be purchased
5. Purchase Price: Proposed purchase price and payment terms
6. Due Diligence: Framework for the buyer's investigation of the target assets/business
7. Timeline: Key dates and deadlines for the transaction
8. Exclusivity: Period during which the seller cannot negotiate with other potential buyers
9. Confidentiality: Obligations regarding the protection of confidential information exchanged
10. Binding Effect: Clear statement of which provisions are binding and non-binding
11. Governing Law: Specification of Philippine law as the governing law
12. Execution: Signature blocks and execution formalities
1. Break Fee: Used when parties want to specify compensation if either party terminates negotiations
2. Financing Contingency: Include when the buyer's ability to complete the purchase depends on obtaining financing
3. Regulatory Approvals: Required when the transaction may need government or regulatory clearances
4. Employee Matters: Relevant for business purchases involving transfer of employees
5. Real Estate Matters: Include when the purchase involves real property assets
6. Intellectual Property: Necessary when the purchase includes significant IP assets
7. Environmental Matters: Include for purchases involving industrial assets or potential environmental liabilities
1. Schedule A - Assets Description: Detailed description of the assets or business to be purchased
2. Schedule B - Purchase Price Calculation: Framework for determining the final purchase price, including adjustments
3. Schedule C - Due Diligence Requirements: List of documents and information required for due diligence
4. Schedule D - Key Terms for Definitive Agreement: Outline of essential terms to be included in the final purchase agreement
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Real Estate
Retail
Technology
Healthcare
Energy
Mining
Agriculture
Financial Services
Transportation
Telecommunications
Construction
Hospitality
Education
Professional Services
Relevant Teams
Legal
Finance
Mergers & Acquisitions
Corporate Development
Business Development
Risk Management
Compliance
Operations
Strategy
Executive Leadership
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Corporate Lawyer
Business Development Manager
Investment Manager
Mergers & Acquisitions Director
Commercial Director
Finance Director
Legal Counsel
Corporate Secretary
Business Owner
Property Manager
Operations Director
Risk Manager
Compliance Officer
Find the exact document you need
LOI For Commercial Real Estate Purchase
A preliminary document outlining proposed terms for commercial property purchase in the Philippines, serving as a framework for negotiations and future definitive agreements.
find out more
Agreement Of Purchase And Sale Of Shares By Shareholder
A Philippine law-governed agreement documenting the sale and transfer of company shares between shareholders, including terms, conditions, and regulatory compliance requirements.
find out more
Agreement Contract To Buy And Sell (Real Estate)
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and purchase of real estate property.
find out more
Simple Contract To Purchase (Real Estate)
A contract governing the purchase and sale of real estate property in the Philippines, ensuring compliance with Philippine property laws and regulations.
find out more
Simple Purchase Agreement For House
A legal agreement under Philippine law for the sale and purchase of residential property, outlining key terms and conditions of the transaction.
find out more
Loi To Purchase (Real Estate)
A preliminary document used in Philippine real estate transactions expressing a buyer's intent to purchase property and outlining key proposed terms, subject to Philippine property laws and regulations.
find out more
Real Estate Sale Contract By Owner
A Philippine law-compliant contract for direct property sale between owner and buyer, covering essential terms and conditions for real estate transfer.
find out more
Purchase And Sale Agreement Commercial (Real Estate)
A legally binding agreement under Philippine law for the purchase and sale of commercial real estate property, detailing all transaction terms and compliance requirements.
find out more
House Selling Contract
A legally binding agreement under Philippine law for the sale and transfer of residential property ownership, incorporating all essential elements required by local property regulations.
find out more
Contract To Buy And Sell (Real Estate)
A Philippine law-governed agreement for the purchase and sale of real estate property, detailing terms, conditions, and transfer requirements.
find out more
Buy Sell Agreement (Real Estate)
A legal agreement under Philippine law facilitating the transfer of real estate property between seller and buyer, detailing terms, conditions, and obligations of the sale.
find out more
Sale Agreement Of Immovable Property
A Philippine law-governed agreement for the sale and transfer of immovable property, detailing terms, conditions, and compliance requirements for property ownership transfer.
find out more
Agreement To Sell And Contract Of Sale
A Philippine law-compliant document combining an agreement to sell with a contract of sale, facilitating a conditional sale transaction with eventual transfer of ownership.
find out more
Standard Agreement For The Sale Of (Real Estate)
A standardized real estate sale agreement compliant with Philippine law, facilitating legal transfer of property ownership while protecting both buyer's and seller's interests.
find out more
Mobile Home Selling Contract
A legally binding agreement under Philippine law for the sale and transfer of ownership of a mobile home, including terms of sale, specifications, and compliance requirements.
find out more
LOI Purchase Agreement
A preliminary agreement under Philippine law outlining key terms and conditions for a proposed purchase transaction, serving as a framework for negotiating the final purchase agreement.
find out more
LOI For Business Purchase
A preliminary document under Philippine law outlining the proposed terms and conditions for a business acquisition, serving as a framework for negotiations and future definitive agreements.
find out more
Simple Car Purchase Agreement
A standardized agreement for vehicle sales in the Philippines, documenting terms of sale and transfer of ownership in compliance with Philippine law.
find out more
Deed Of Sale Agreement For A Car
A Philippine law-compliant agreement documenting the sale and transfer of ownership of a motor vehicle between seller and buyer.
find out more
Buy Sell Contract
A Philippine law-governed agreement that documents the terms and conditions for the sale and purchase of goods or assets between two parties.
find out more
LOI For Purchase Of Goods
A preliminary document under Philippine law outlining the intended terms and conditions for a proposed purchase of goods transaction.
find out more
Asset Purchase LOI
A preliminary agreement under Philippine law outlining the proposed terms for purchasing specific assets, serving as a framework for negotiation and due diligence.
find out more
Agreement Of Property Sale
A legal agreement under Philippine law documenting the terms and conditions for the transfer of property ownership from seller to buyer.
find out more
Agreement Of Sale Of Immovable Property
A Philippine law-compliant agreement documenting the sale and transfer of immovable property between seller and buyer, including all essential terms and conditions.
find out more
Sale And Purchase Agreement Of Shares
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and transfer of company shares between parties.
find out more
Letter Of Intent To Sale Property
A preliminary, non-binding document under Philippine law expressing intent to purchase property and outlining basic terms of the proposed transaction.
find out more
Home For Sale By Owner Contract
A Philippine law-compliant contract for direct residential property sales between owners and buyers, without broker involvement.
find out more
Buy Sell Agreement Between Business Partners
A Philippine law-governed agreement establishing terms for business partners to buy or sell their ownership interests in a business entity.
find out more
Simple Land Sale Agreement
A legally binding agreement for land sale transactions in the Philippines, outlining property transfer terms and conditions in compliance with Philippine property laws.
find out more
Sales With Buyback Agreement
A Philippine law-governed agreement for sale of assets with a guaranteed repurchase right (pacto de retro), specifying initial sale and buyback terms.
find out more
Real Estate Purchase Agreement Contract
A legally binding contract under Philippine law that documents the terms and conditions for the transfer of real property ownership from seller to buyer.
find out more
Purchase Agreement For Sale By Owner
A Philippine law-compliant agreement for direct property sales between owners and buyers without real estate agent involvement.
find out more
Personal Property Sale Agreement
A legally binding agreement under Philippine law for the sale and transfer of personal property, detailing terms, conditions, and obligations of both parties.
find out more
Lot Sale Contract
A Philippine law-governed contract for the sale and transfer of land property, establishing terms, conditions, and obligations of both seller and buyer.
find out more
Cross Purchase Agreement
A Philippine law-governed agreement establishing terms for business owners to purchase each other's interests upon specified triggering events.
find out more
Buy Sell Agreement For Small Business
A Philippine law-governed agreement documenting the sale and purchase terms of a small business, including transfer conditions and obligations.
find out more
Agreement For Sale And Agreement To Sell
A Philippine law-governed agreement that combines both immediate sale provisions and future sale commitments, establishing terms for property or goods transfer.
find out more
Contract Of Purchase And Sale Private Sale
A Philippine law-governed agreement documenting the terms and conditions for the private sale of property or goods between parties.
find out more
Agreement Of Purchase And Sale Commercial
A Philippine law-governed agreement for the purchase and sale of commercial real estate properties, ensuring compliance with local regulations while protecting parties' interests.
find out more
Agreement To Buy And Sell Real Estate Residential
A Philippine-compliant legal agreement for the purchase and sale of residential real estate property, incorporating all essential elements required under Philippine law.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)