In venture capital, a document summarizing the details of a potential venture capital investment, which serves as the basis for a final business agreement.
a document confirming the intent of an investor to participate in a round of financing for a company. By signing this document, the subject company agrees to begin the legal and due diligence process prior to the closing of the transaction. Also known as "Letter of Intent".
An agreement, usually in the form of a letter, containing the basic material economic terms to be incorporated into a lease agreement between the landlord and tenant.
(see attached sample): A high level (generally non-binding) funding document offer prepared by a venture capital company detailing summarizing the conditions and terms (of investment) the investor is prepared to accept to an entreprenuer. The term sheet covers the fundamental provisions of an investment and is often negotiated. Typical items in a term sheet include share price, percentage of ownership, monetary investment and changes to a company's charter and bylaws.
A list of the major points of the proposed financing being offered by an investor.
A short document summarising the principal financi... Add a comment
A written summary of the terms of a proposed loan issued by a lender after reviewing certain stipulated information in regard to the property and the borrower. Also called “Letter of Intent†and “Letter of Interestâ€.
A short document summarising the principal financial and other terms of a proposed investment. It is usually non-binding, but may impose some legal obligations on the investor and the company.
a brief document that outlines the investors' preferred terms of the deal
a document, somewhat like a letter of intent, that serves two crucial functions in the initial stages of negotiating an investment deal
a document which outlines the key financial and other terms of a proposed investment
a first step beyond a letter of intent and a step towards a final agreement between two parties
a generally non-binding document entered into between an entity (a"Company") seeking investment capital and an entity (a"Purchaser") seeking to purchase an interest in a successful investment
a memorandum of understanding outlining the broad guidelines under which an agreement has been reached and under which the legal document will be drawn up
an expression of interest on the part of the investor to invest
a non-binding agreement between a company (the issuer of securities) and an investor (the private equity or venture fund) that is a snap shot of the primary terms and conditions of the proposed investment
a relatively short document that an investor prepares for
a summary of the terms based on which an investor makes investment into the company, a precursor to the investment agreement that both of the entrepreneur and the investor sign to formalize the investment
A term sheet is the initial agreement between the company and the venture capitalist on the fundamental business terms of the investment. The term sheet serves as the guide for the transaction.
An agreement between a financial intermediary and an issuer or between a venture capital firm and a company in which it is investing (a portfolio company) that outlines the basic business, financial, and operating terms that will form the basis for an investment. Term sheets can be long or short and generally are subject to the execution of longer documents that fully explain all of the agreements between the parties (i.e., the definitive agreements). Common topics covered in a term sheet are capital structure and the nature, amount, and timing of the investment, antidilution protection, composition of the board of directors, employment agreements, non-competition agreements with the founders, registration rights, and investor exit strategies.
A funding offer from a capital provider. It lays out the amount of an investment and the conditions under which the investors expect you to work using their money. [David Newton "Translating the Term Sheet" Entrepreneur's Start- ups Magazine Sept. 2001] http://www.entrepreneur.com/Your_Business/YB_SegArticle/0,4621,292292--...l
The terms (cost, conditions etc) by which investment funds are made available.
A non-binding letter of offer to invest, subject to due diligence, which stipulates the terms and conditions the investor is proposing including valuation, board positions, conditions precedent, minority protection rights, etc.
Document that guides lawyers in preparing the investment agreements. Should include at least: agreed-upon valuation of the business including the proposed capitalization table; key financial and legal terms; rights of both parties; and legal obligations of all involved.
A non-binding agreement setting forth the basic terms and conditions under which an investment will be made. The Term Sheet is a template that is used to develop more detailed legal documents.
A lender’s preliminary summary of bond conditions presenting the major terms and conditions under which the bonds will be issued.
A summary of the terms the investor is prepared to accept. A non-binding outline of the principal points which the Stock Purchase Agreement and related agreements will cover in detail.
The proposed basic terms and conditions of a potential lease agreement.
A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a Term Sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement".
