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