| Target | Framework Agreement | Deferred Consideration | Deal Memo | Asset-backed |
| Pre-signing | Reps & Warranties | Structure | Documentation | Conditions Precedent |
| NDA | Tag-Along | TRANSACTION LEGALESE BINGO (free square) | Asset Purchase | outstanding issues |
| Signing | Shell company | Side Letter | deal-breaker | Floating Charge |
| Closing Date | LOI | Timeline | Call Option | Deal-flow |
| LOI | Deferred Consideration | Carve-out | deal-breaker | Revenue Participation |
| Due Diligence Report | Shell company | Side Letter | SPV | Of the essence |
| Asset-backed | Cross- Collateralized | TRANSACTION LEGALESE BINGO (free square) | outstanding issues | Ballpark |
| Deal-flow | Reps & Warranties | Defeasance | Framework Agreement | Shortfall Option |
| At the end of the day | Pre-signing | Conditions Precedent | Timeline | Call Option |