Pull-Up / Document studio
Letter of intent
Aircraft transaction · Date to be completed
01 / Parties & aircraft
Buyer / receiving party: [Buyer / receiving legal entity — to be completed] Seller / disclosing party: [Seller / disclosing legal entity — to be completed] Broker: Not specified Document date: [Document date — to be completed] Aircraft: [Aircraft make and model — to be completed] Registration: [Registration — to be completed] Serial number: [Serial number — to be completed]
02 / Proposed commercial terms
Proposed price: USD [Proposed purchase price — to be completed] Proposed deposit: To be agreed Inspection period / deadline: [Inspection period / deadline — to be completed] Target closing: [Target closing date — to be completed] Delivery location: [Delivery location — to be completed]
03 / Review points
The buyer proposes to discuss acquisition of the identified aircraft on the above terms, subject to negotiation of a definitive purchase agreement. Confirm inspection scope, discrepancy remedies, clear title, included equipment and records, deposit handling, delivery condition, and allocation of taxes and costs. Counsel should identify any provisions intended to be binding.
Working draft
Prepared for discussion and professional review. This document is incomplete and is not ready for signature or filing. Aviation counsel should approve the operative terms for the transaction and jurisdiction.