Heads of Terms This Heads of Terms is made on the date of last signature below between: (1) Property Deal Store is a company incorporated in England and Wales under No.10763450, 210 Coal Clough Lane, Burnley, Lancashire, BB11 4NJ (the First Party); (2) XXX...
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Heads of Terms This Heads of Terms is made on the date of last signature below between: (1) Property Deal Store is a company incorporated in England and Wales under No.10763450, 210 Coal Clough Lane, Burnley, Lancashire, BB11 4NJ (the First Party); (2) XXX (the Second Party) (together, the Parties) SUBJECT TO CONTRACT Background A. The First Party and the Second Party are interested in entering into a sourcing agreement (the Proposed Agreement). B. This Heads of Terms sets out the principal terms and conditions upon which the Parties agree to enter into the Proposed Agreement. Status of Heads of Terms 1. The terms in this Heads of Terms are not exhaustive and are expressly ‘subject to contract’ until a final written agreement has been entered into. The terms are not intended to be legally binding between the Parties except where specifically stated. Timescale and notice to terminate 2. The Parties agree to negotiate in good faith with a view to signing the final written Proposed Agreem
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