Geocentric model Geocentric model In astronomy, the geocentric model (also known as geocentrism, or the Ptolemaic system) is a superseded description of the Universe with Earth at the center. Under the geocentric model, the Sun, Moon, stars, and planets all orbited Earth. The geocentric model served as the predominant description of the cosmos in many ancient civilizations, such as those of Aristotle and Ptolemy. Two observations supported the idea that Earth was the center of the Universe. First, from anywhere on Earth, the Sun appears to revolve around Earth once per day. While the Moon and the planets have their own motions,
Term sheet purchase agreement and related agreements will cover in detail. The advantage of the abbreviated term sheet format is, first, that it expedites the process. Experienced counsel immediately know generally what is meant when the term sheet specifies "one demand registration at the issuer's expense, unlimited piggybacks at the issuer's expense, weighted average antidilution"; it saves time not to have to spell out the long-form edition of those references. Second, since the term sheet does not propose to be an agreement of any sort, it is less likely that a court will find unexpected promissory content; a "letter of intent" can