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M_Vermillion

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M_Vermillion

Re: None

Tuesday, 02/27/2007 10:40:49 AM

Tuesday, February 27, 2007 10:40:49 AM

Post# of 29237
Agreement in principle (See Chapter 42 of the Vernimmen)

The agreement in principle is one of the stages of private negotiations. Agreement in principle spells out the terms and conditions of the sale. The commitments of each party are irrevocable, unless there are conditions precedent, such as approval of the regulatory authorities.

http://www.vernimmen.com/html/glossary/definition_agreement_in_principle.html

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