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Ann: FBR signs term sheet for up to 5,000 homes in Mexico, page-21

  1. mbc
    1,344 Posts.
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    No, but it is the precursor to the contracts being drawn up. The term sheet means the negotiations of what each party wants are done, and now it is time to formalise it with a contract, which shouldn't take too long as they're in agreement of what the contract is expected to provide for.
 
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