Term Sheet

Term Sheet

Tags: bindend, binding, conditions, intentie, intention, leading, leidend, negotiations, niet-bindend, non-binding, onderhandelingen, overview, overzicht, point - by - point, puntsgewijs, term sheet, voorwaarden.

A term sheet is a point-by-point overview of the most important conditions of a yet to be concluded business agreement. The purpose of a term sheet is generally that it is not binding, but only leading in the negotiations. This non-binding character will have to be made clear by the chosen formulations of the conditions.

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