Conditions PrecedentDue Diligence ReportCall OptionOf the essenceDefeasance
At the end of the dayAsset-backedRevenue ParticipationFramework AgreementShortfall Option
LOICross- CollateralizedTRANSACTION LEGALESE BINGO
(free square)
NDATermination notice
Side Letterdeal-breakerBallparkDeal-flowSecuritization
Deferred Considerationoutstanding issuesDocumentationSPVCarve-out
Pre-signingLOICross- CollateralizedDue Diligence ReportTimeline
Side LetterAsset-backedShell companydeal-breakerTarget
SigningReps & WarrantiesTRANSACTION LEGALESE BINGO
(free square)
Termination noticeAsset Purchase
Of the essenceDeal MemoShortfall OptionDocumentationCarve-out
Tag-AlongAt the end of the dayFloating ChargeAffiliate EntitySecuritization

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