Definition
Clean Term Sheet is a term sheet with straightforward, uncomplicated terms that all parties can agree on, often with fewer clauses that could potentially delay negotiations.
Frequently asked questions
What is a clean term sheet?
A clean term sheet has simple and clear terms. It`s easy for everyone to agree on, making deals smoother.
What is a term sheet in negotiations?
A term sheet is a document outlining the main points of a deal. It`s used in business negotiations before a final agreement.
Can a term sheet be negotiated?
Yes, a term sheet can be negotiated. Both sides discuss to agree on terms that work for everyone.