Term Sheet


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Term Sheet

A document indicating a corporation's intent to undertake a merger or acquisition. A term sheet outlines the details of the merger or acquisition, including the purchase price, and whether it will be paid in cash, stock, and/or debt. It is important to note that a term sheet it not legally binding and may not be enforced. It is similar to a letter of intent, but it is usually less formal. It may also indicate a company's unilateral intentions, rather than what two companies have agreed to say.
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Acasti Pharma clarified the proposed term of the transaction contemplated by its recently announced non-binding term sheet with a leading China-based pharmaceutical company pursuant to which, subject to further negotiation and execution of a definitive agreement, the Chinese pharmaceutical company would be granted an exclusive license to commercialize CaPre in certain Asian countries, including China.
a clinical stage biotechnology company focused on developing targeted cellular therapies for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box, today announced that it has reached an agreement with Austrianova to restructure certain agreements between them pursuant to a Binding Term Sheet (Term Sheet).
September 5, 2016 -- Australian stem cell and regenerative medicine company Cynata Therapeutics Limited (ASX:CYP) has signed a term sheet with Fujifilm Corporation of Japan for the development and commercialization of certain Cynata technology.
Pursuant to the term sheet, the parties will work together to seek to finalize a definitive agreement.
National Transmission and Despatch Company Limited (NTDC) and Habib Bank Limited (HBL) has signed a term sheet for financing of Rs.
International Resource News-May 20, 2016--Q2Power Technologies signs term sheet with ERTH Products
In lease negotiations, tenants generally have maximum leverage at the term sheet stage when there is still a credible threat to take their business elsewhere.
Canada-based Jubilant DraxImage has signed a term sheet with Cyclopharm, a company engaged in the research and development, manufacture, and sale of medical equipment and radiopharmaceuticals in Asia Pacific, Europe, Canada, and internationally.
17 April 2014 - US secure family communications provider Kuboo Inc (OTCMKTS:SGTB), doing business as Safe Communications Inc, said today it had inked an initial term sheet with a global technology firm to invest up to USD1m (EUR722,000) in Kuboo.
SS) (OTC: IDCBY), is selling a dollar bond that complies with the new global Basel III rules, The Wall Street Journal has reported, citing a term sheet by the bank.
7 million shares in Malaysian firm IHH Healthcare's planned $2 billion IPO in Kuala Lumpur and Singapore, accounting for 20 per cent of the total stock on offer, according to a term sheet of the deal.
30 March 2012 - National Bank of Canada (TSE:NA) helped the Canadian province of Quebec issue bonds worth CAD500m (USD502m/EUR376m) on Thursday, a term sheet obtained by Reuters showed.