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UNDERSTANDING THE BASIC ELEMENTS OF A TERM SHEET

UNDERSTANDING THE BASIC ELEMENTS OF A TERM SHEET

by abolaw | Feb 6, 2020 | digital law firm, entrepreneurs, founders, Law firm lagos, technology, venture capital

A term sheet is a non-binding agreement setting forth the basic terms and conditions under which an investment will be made. It is a letter of intent prepared by an investor to summarize important financial and legal terms related to the transaction. Once the parties...

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