Term Sheet

(redirected from Term Sheets)

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.

Mentioned in ?

Exploding term sheet

References in periodicals archive ?

Here are five common problems in term sheets and best practice fixes for the parties and their brokers to adopt: Expressing base years for rent escalations

Between the term sheets; don't get too cozy until the deal is done

And with the progress we've made on term sheets, I think in the next couple of months we can bring this to fruition.

STOP ME IF YOU'VE HEARD THIS

This article discusses pre-negotiated term sheets as a way facility planners can improve contract negotiations and ensure the long-term effectiveness of their facility operations.

Public contracting: advantages of pre-negotiating term sheets for solid waste facilities

Other potential owners have yet to be given similar term sheets or outlines but are expected to be soon.