How did you handle deferred revenue in the LOI?

April 10, 2025
by a searcher in Vancouver, BC, Canada
Hi all - I’m working through an LOI for a software company and would love to hear how others have handled deferred revenue in their deals.
In this case, the business has collected maintenance and support payments in advance that will be delivered post-close.
Would really appreciate any examples or advice you’re willing to share. Thanks in advance!
from Harvard University in Toronto, ON, Canada
from University of Pennsylvania in Chicago, IL, USA