InterDigital Inc (IDCC)

[olddog967]

ron; Completely agree. I was going to reply along the same lines in regard to the use of the word "agreement". From the little research I have done, in legal terms an "agreement" refers to a binding contract where all the required elements of a contract have been satisfied; but, in general usage an "agreement" refers to an understanding between the parties. without legal force.

in reply to:
First there is a difference between a "deal" and a "deal structure". An actual deal is a legally binding agreement that both parties have agreed to. IMO a deal structure or a framework is a preliminary set of understandings which the parties have established as a guideline for a finalized deal.