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Examples
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A termsheet is not legally binding, but it is a definite step.
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If this succeeds you get a termsheet, so called because it outlines the key terms of a deal.
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In theory these details are minor ones; by definition all the important points are supposed to be covered in the termsheet.
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Otherwise all the "minor" details left unspecified in the termsheet will be interpreted to your disadvantage.
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In this case the exploding termsheet was not (or not only) a tactic to pressure the startup.
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They were so afraid that they'd be rejected in favor of this other firm that they gave the startup what's known as an "exploding termsheet."
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Inexperience and wishful thinking combine to make founders feel that when they have a termsheet, they have a deal.
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It can be hard to keep the pressure on an investor or acquirer all the way to the closing, because the most effective pressure is competition from other investors or acquirers, and these tend to drop away when you get a termsheet.
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Deutsche Bank AG managed the stock sale, according to a termsheet obtained by Bloomberg News.
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Just in time to accommodate the restructuring deadline of July 22, the most recent amendment to the exchange offer was filed last Friday after market close, in addition to a termsheet for the proposed JP Morgan financing.
unknown title 2011
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