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falconer66a

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falconer66a

Re: dagaz post# 53722

Monday, 07/26/2021 10:23:22 PM

Monday, July 26, 2021 10:23:22 PM

Post# of 82295
Contract likely to be signed.

nick responded to a tweet saying they have the term sheet for the durango location, whatever that means, he sounded excited about it


A “term sheet” is a document arranged and exchanged by parties anticipating a contract or financial arrangement between them. It is mutually negotiated by both parties, with the aim of making a final legal document that can be executed; agreed to.

A term sheet for the “Durango location” would indicate that a final, legal contract or agreement is being mutually arranged; likely to happen.
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