Definition
A Term Sheet is a non-binding document outlining the preliminary terms and conditions of an investment, serving as the basis for further negotiation and due diligence before finalizing the investment agreement.
Frequently asked questions
What is a non-binding term sheet?
A non-binding term sheet lays out early investment terms before final talks.
What is in a term sheet?
A term sheet includes the preliminary terms and conditions of an investment or financing deal, serving as a basis for negotiation before the final agreement.
What is the term sheet for due diligence?
The term sheet for due diligence is a non-binding paper that outlines key terms and conditions of a proposed investment, used for further negotiation and checking.