TimelineReps & Warrantiesoutstanding issuesShortfall OptionStructure
Pre-signingSPVSigningDefeasanceFramework Agreement
BallparkSide LetterTRANSACTION LEGALESE BINGO
(free square)
Call OptionOf the essence
LOIConditions PrecedentTag-AlongFloating ChargeDocumentation
SecuritizationTermination noticeSchedulesRevenue ParticipationAt the end of the day
Of the essenceRevenue ParticipationAt the end of the dayTargetSide Letter
Call OptionAsset-backedLOISchedulesCarve-out
NDADefeasanceTRANSACTION LEGALESE BINGO
(free square)
Asset PurchaseSecuritization
Reps & WarrantiesConditions PrecedentDeal MemoFramework AgreementCross- Collateralized
Shortfall OptionAffiliate EntityTag-AlongDeal-flowDeferred Consideration

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