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Re: None

Tuesday, 10/31/2017 9:36:40 AM

Tuesday, October 31, 2017 9:36:40 AM

Post# of 80868
Couldn't be simpler.

*This term sheet does NOT constitute an offer*




Feel free to parse to your hearts content. NO OFFER thus NO Fiduciary Duty. The NO commitment to provide financing and NO due diligence seems to be how Amerop does business as Buck's financial acumen is remedial.


This term sheet (i) is an indication of interest only regarding a transaction on the general terms and conditions outlined herein (the “Transaction”), and (ii) does not create a binding obligation (including any duty to negotiate), fiduciary relationship or joint venture between the parties. This term sheet does not constitute an offer, agreement (conditional or otherwise), agreement in principle, agreement to agree, or commitment (each a “Commitment”) to provide financing. For the avoidance of doubt, a Commitment would only be evidenced by a subsequent document executed and delivered by the Investor setting forth the terms and conditions, and providing for the closing, of the Transaction and would be preceded by the satisfactory completion of all legal, accounting and business due diligence.