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0602019 Informal Interpretation
us-ftc-hsr-informal-interpretations-c6346564389fde8d47801e0898b63e300602019 Informal InterpretationGuidance
Date
Rule
Form Item 3(d)
Response/Comments
Term sheet ok OK of executed by both parties.
Question
From: (redacted)
Sent: Thursday, February 16, 2006 8:08 AM
To: Verne, B. Michael
Subject:Documentary Attachment 3(d)
Mike:
I presume, but would like toverify, that parties can make an HSR filing on an agreed upon Term Sheet.
It strikes me that this isjust as "binding" as a Letter of Intent (which often have broadranging out-clauses).
In such filing, all otherformalities (e.g. the Affidavit, etc) would be followed.
What would the PNO requireof such Term Sheet? Should it be signed by the parties?
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