| Target | Deal-flow | Call Option | Documentation | Shortfall Option |
| Structure | Timeline | Framework Agreement | Of the essence | Deal Memo |
| Asset-backed | Defeasance | TRANSACTION LEGALESE BINGO (free square) | Side Letter | At the end of the day |
| Cross- Collateralized | Termination notice | SPV | Closing Date | Revenue Participation |
| Shell company | LOI | Securitization | Reps & Warranties | NDA |