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Convertible Debenture-Term Sheet | Download Free Template
Team Lawyered
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What is a convertible debenture-term sheet?
A term sheet is a non-binding legal document entered into between the parties intending to enter into a proposed transaction with each other. A term sheet lays down the terms and conditions basis on which parties shall be entering into transactions. Term sheets are most often associated with startups. Entrepreneurs find that this document is crucial to attracting investors, such as venture capitalists (VC) with capital to fund enterprises.
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Why is it Important?
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This Term Sheet has been entered to facilitate negotiations for the Proposed Transaction and is an expression of intention only and does not constitute an offer, agreement, agreement in principle, agreement to agree or commitment to provide financing. This Term Sheet is nonbinding.
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Term sheet gives an overview and reference of the terms and conditions which will govern the transaction between the parties
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Team Lawyered
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Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.