Memorandum of Understanding (MOU) - Sale of Business


No. of Prokens Required: 2 |

Document Preview:


A memorandum of understanding (MOU) in a sale and purchase situation. This represents the good faith intentions of the parties but also include deposit from the Buyer. This document is drafted in favour of the Seller.

The Main Contents of This Document Addresses:

The Parties wish to set out in this Memorandum ("MOU") the general terms and conditions of a proposed acquisition of their % interest in (the “Target”), from all existing shareholders of the Target to (collectively, the “Parties”). Target is in the specified business.


How to use this Document?


The parties recognise that the various arrangements will need careful review but each will endeavour in good faith to agree on the detailed terms of the acquisition, on the basis of the principles set out in this Memorandum, and to take all necessary other actions in order successfully to complete the Proposed Transaction (as defined below).


The buyer will acquire an interest in the Target (the “Proposed Transaction”), including all of the assets, owned by the Target that is used in, or necessary for the conduct of its business activities, including, without limitation: the Target’s license(s), subject to any obligations contained in such license(s) which are disclosed to the Buyer and subsisting at the time of signing of the SPA (defined below) and thereafter such further conditions imposed by a regulator relating to the change of ownership of the Target at or prior to completion of the Proposed Transaction.


How to Tailor the Document for Your Need?

  1. Create Document: Click “Create Document” button and the document will be prepared with your account details automatically filled in.
  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.
  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
  4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.
Document Type:

Mou / loi / termsheet


Business > General Business > MOU, Letter of Intent and Heads of Terms


memorandum of understanding




sale and purchase




legally binding


non binding


good faith






heads of agreement


heads of terms








Letter of Intent


mou between buyer and seller


DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.