term sheets

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term sheet
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term sheet
A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a Term Sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement". It then guides, but is not necessarily binding, as the signatories negotiate, usually with legal counsel, the final terms of their agreement
term sheet
a form that contains terms (that may be organized as Term Groups) that provides the framework for a negotiation
term sheet
A document outlining the possible terms of an investment deal May be prepared by the company or by the lead investor
term sheet
A letter of offer to invest, subject to due diligence, which stipulates the terms and conditions the investor is proposing including price, board positions, conditions precedent, negative covenants, adverse trading, etc
term sheet
A summary of the terms the investor is prepared to accept A non-binding outline of the principal points which the Stock Purchase Agreement and related agreements will cover in detail
term sheet
A list of the major points of the proposed financing being offered by an investor
term sheet
The Letter of Intent outlining the business, economic and legal terms of a possible investment from a venture capital investor Some funds offer a term sheet early in the process and before they have decided that they want to invest Other firms try to conduct much of their due diligence before offering a term sheet Hickory falls into the latter category
term sheets