This Letter of Intent (Letter of Intent) sets forth the agreement of the parties to proceed promptly and in good faith to complete the terms of, and to execute, deliver and perform a Stock Purchase Agreement (the âDefinitive Agreementâ).
Fill refers to the insulation found inside a sleeping bag. There are three primary types: down, synthetic and cotton. Down fill comes from the fluffy underfeathers of waterfowl, usually geese. All down products are rated by fill power, which describes the loft (or volume) a given amount of down occupies.
A sandbag is a sack made of burlap or woven polypropylene that is filled with sand or soil and used for such purposes as flood control and military fortification. Sand bags are an excellent choice for the construction of levees, berms, dikes and barricades for erosion control, flood walls, and traffic control. Sandbags may be used during emergencies when rivers threaten to over-flood, or a levee or dike is damaged.