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  Payoff Letter - Acquisition Service Provider

Document Templates


Payoff Letter - Acquisition Service Provider
1.0  Payoff Letter - Acquisition Service Provider
Public   Published   markoblad   markoblad  (owner)
Permalink: https://valcu.co/users/markoblad/doc_templates/payoff-letter-acquisition-service-provider-v1_0
Created: November 5, 2015 5:02:05 EST | Last modified: November 5, 2015 6:21:00 EST
 

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Letter date

Value for Acquiror Name

Value for Acquiror Street Address

Value for Acquiror City State Zip


Is Acquiror Attention Name applicable?

Value for Acquiror Attention Name

Aggregate Payoff Dollar Amount

Value for Target Company Name

Value for Target Company Organization State

Target Company Entity Type

Value for Acquisition Agreement Name

Acquisition Agreement date

Value for Acquiror Organization State

Aquiror Entity Type


Is Acquisition Sub applicable?

Value for Acquisition Sub Name

Value for Acquisition Sub Organization State

Acquisition Sub Entity Type


Is Sellers Representative applicable?

Value for Sellers Representative Name


Is Sellers Representative Org applicable?

Value for Sellers Representative Organization State

Sellers Representative Entity Type


Is Pay On Or Prior To Date applicable?

Is Counterpart Signature Required As Condition applicable?

Is Release applicable?

Is Letter Constitutes Invoice applicable?

Is Wire Instructions applicable?

Value for Wire Instructions


Is Agree To Further Action To Carry Out applicable?

Is Agreement Executed In Counterparts applicable?

Value for Payoff Party Name


Is Acquiror Agree And Acknowledge applicable?


v_field_letter_date

v_field_acquiror_name
v_field_acquiror_street_address
v_field_acquiror_city_state_zip
v_field_acquiror_attention_name_applicability
v_field_acquiror_attention_name
v_field_end

Re: Acknowledgement of Fees
Ladies and Gentlement:
We hereby acknowledge and agree that:
a total of v_field_aggregate_payoff_dollar_amount (the “Payoff Amount”) is due to be paid to the undersigned by v_field_target_company_name, a v_field_target_company_organization_state v_field_target_company_entity_type (the “Company”) for all fees and expenses of any nature owed to the undersigned in connection with that certain v_field_acquisition_agreement_name, dated as of v_field_acquisition_agreement_date, by and among: v_field_acquiror_name, a v_field_acquiror_organization_state v_field_aquiror_entity_type (“Acquiror”); v_field_acquisition_sub_applicability v_field_acquisition_sub_name, a v_field_acquisition_sub_organization_state v_field_acquisition_sub_entity_type and a wholly-owned subsidiary of Acquiror; v_field_end v_field_sellers_representative_applicability v_field_sellers_representative_name v_field_sellers_representative_org_applicability, a v_field_sellers_representative_organization_state v_field_sellers_representative_entity_type v_field_end; v_field_end and the Company (the “Acquisition Agreement”) and the transactions contemplated thereby;
except as set forth in clause “(a)” above, there are no unbilled fees or expenses related to the Acquisition Agreement or the transactions contemplated by the Acquisition Agreement for which the undersigned will be entitled to payment from the Company v_field_acquisition_sub_applicability or the surviving corporation resulting from the transactions contemplated by the Acquisition Agreement (the “Surviving Entity”) v_field_end;
upon receipt v_field_pay_on_or_prior_to_date_applicability on or prior to the date hereof v_field_end of the amounts set forth in clause “(a)” above v_field_counterpart_signature_required_as_condition_applicability and a fully-executed counterpart of this letter agreement signed by the Company v_field_end, the undersigned will not be owed any other amount by the Company v_field_acquisition_sub_applicability or the Surviving Entity v_field_end in connection with the services the undersigned has performed in connection with the Acquisition Agreement and the transactions contemplated thereby v_field_release_applicability, and the Company v_field_acquisition_sub_applicability and the Surviving Entity v_field_end shall be released from any and all claims, liabilities, damages, costs and expenses now existing or hereinafter arising out of or in connection with the Acquisition Agreement and the transactions contemplated thereby v_field_end; and
the undersigned understands that the undersigned is not to perform any further services for the Compay v_field_acquisition_sub_applicability or the Surviving Entity v_field_end without the express written authorization of the Acquiror.
v_field_letter_constitutes_invoice_applicability
This letter shall constitute an invoice for the services subject of the Payoff Amount.
v_field_end
v_field_wire_instructions_applicability
Please transfer the Payoff Amount, by wire transfer of immediately available funds, to:
v_field_wire_instructions
v_field_end
v_field_agree_to_further_action_to_carry_out_applicability
I agree to execute and deliver such additional documents and shall provide any additional information as may be reasonably required to carry out the terms of this letter agreement.
v_field_end
(Remainder of page intentionally left blank.)


v_field_agreement_executed_in_counterparts_applicability
This letter agreement may be executed by each party on a separate counterpart, each of which when so executed and delivered shall be an original, but all of which together shall constitute one agreement.
v_field_end
Very Truly Yours,

v_field_payoff_party_name
v_field_acquiror_agree_and_acknowledge_applicability

Agreed and acknowledged:
v_field_acquiror_name_upcase

By:
Name:
Title:
v_field_end
thumbnail_0.jpeg
      
v_field_letter_date
v_field_acquiror_name
v_field_acquiror_street_address
v_field_acquiror_city_state_zip
v_field_acquiror_attention_name_applicability 
└── v_field_acquiror_attention_name
v_field_end 
v_field_aggregate_payoff_dollar_amount
v_field_target_company_name
v_field_target_company_organization_state
v_field_target_company_entity_type
v_field_acquisition_agreement_name
v_field_acquisition_agreement_date
v_field_acquiror_name
v_field_acquiror_organization_state
v_field_aquiror_entity_type
v_field_acquisition_sub_applicability
├── v_field_acquisition_sub_name
├── v_field_acquisition_sub_organization_state
└── v_field_acquisition_sub_entity_type
v_field_end
v_field_sellers_representative_applicability
├── v_field_sellers_representative_name
├── v_field_sellers_representative_org_applicability
│   ├── v_field_sellers_representative_organization_state
│   └── v_field_sellers_representative_entity_type
└── v_field_end
v_field_end
v_field_acquisition_sub_applicability
v_field_end
v_field_pay_on_or_prior_to_date_applicability
v_field_end
v_field_counterpart_signature_required_as_condition_applicability
v_field_end
v_field_acquisition_sub_applicability
v_field_end
v_field_release_applicability
├── v_field_acquisition_sub_applicability
└── v_field_end
v_field_end
v_field_acquisition_sub_applicability
v_field_end
v_field_letter_constitutes_invoice_applicability 
v_field_end 
v_field_wire_instructions_applicability 
└── v_field_wire_instructions
v_field_end 
v_field_agree_to_further_action_to_carry_out_applicability 
v_field_end 
v_field_agreement_executed_in_counterparts_applicability 
v_field_end 
v_field_payoff_party_name
v_field_acquiror_agree_and_acknowledge_applicability 
└── v_field_acquiror_name_upcase
v_field_end 
      
    
Access
Public
Description
Payoff Letter - Acquisition Service Provider
Notes
None.
License
Not specified
License Detail
Not specified
Disclaimer
Not specified

INSTRUCTIONS:

1. Please consult your professional advisors.