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Letter Agreement Re: Letter of Intent

 

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Title:

Letter Agreement Re: Letter of Intent

Entities:

LSB Industries, Inc.; David Taylor; ORICA USA Inc.

Date:

2001

Size:

Preview shows 1KB of 3KB total

Price:

$33

ID:

#224764

 

 

► Legal ► Letter Agmt. ► Re: ... ► Letter Agreements Re: Letter of Intent
► Commodities ► Chemical Manufacturing

 

 

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December 22, 2000




Mr. David Taylor, President
ORICA USA Inc.
9781 South Meridian Boulevard
Englewood, Colorado 80112

RE: Letter of Intent

Dear David:

This Letter of Intent is to confirm that ORICA USA Inc. ("ORICA")
intends to purchase certain assets of El Dorado Chemical Company ("EDC"), and
EDC intends to sell to ORICA certain fixed assets used to service customers of
EDC who purchase low density ammonium nitrate from EDC. The total purchase price
for the fixed assets is to be approximately $3.9 million. Inventory values are
to be negotiated. Such purchase is subject to definitive agreements to be signed

 

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