Legal Category
Term | Definition |
|---|---|
| Approval rights | Number or proportion of investors needed to ame... more |
| Asset purchase | Transaction situation where a business' assets ... more |
| Asset purchase agreement (APA) | Legal contract between a buyer and seller where... more |
| Catch-up | Clause within a limited partnership agreement w... more |
| Clawback | A clause in a limited partnership agreement pro... more |
| Covenant | A legal clause serving to protect an outside in... more |
| Due diligence checklist | A comprehensive business information request li... more |
| Expression of interest (EOI) | Informal letter sent from an interested private... more |
| Go-shop clause | Merger agreement provision that allows the targ... more |
| Key man clause | Element within a limited partnership agreement ... more |
| Letter of intent (LOI) | Non-binding proposal sent from buyer to seller ... more |
| Liquidation preference | Term sheet clause outlining how proceeds should... more |
| No-shop clause | Arrangement between a buyer and seller in which... more |
| Non-disclosure agreement (NDA) | Legal contract between two parties that outline... more |
| Reps and Warranties | Specific assurances in a transaction declaring ... more |
| Stock purchase | Transaction situation where a business' outstan... more |
| Stock purchase agreement (SPA) | Legal document that outlines the terms and cond... more |
| Term sheet | A non-binding agreement that sets forth the out... more |
| Transitional service agreement (TSA) | Post-closing agreement between a buyer and sell... more |