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NON-BINDING-TERM-SHEET

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NON-BINDING-TERM-SHEET

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000318
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

A term sheet is a non-binding agreement that shows the basic terms and conditions of a potential business agreement. This term sheet is a basis for more detailed, legally binding documents.

Description

A term sheet includes the offer price, the payment terms, the due diligence conditions, closing conditions, governing law, closing date, confidentiality, and expiration date. You will also find further details in the document.

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.