most favored nations provision
- most favored nations provision
-
+ Most Favored Nations Provision (MFN)
USA
This term has a number of meanings. In the context of:
• Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified circumstances. For example, an incremental loan provision may have an "MFN clause" that says that the interest rate on the existing term loan will be increased so that it is not less than 25 basis points lower than the interest rate on the incremental loan. MFN clauses are sometimes seen between two loan agreements where the first agreement will be entitled to the same or better covenants than the second agreement, so any favorable changes to the second agreement will be deemed to be made to the first agreement as well.
• Corporate, a contractual provision that enables one party to receive the most favorable price or terms and conditions offered by the other party. This provision acts as a guaranty to the recipient that it is receiving and will continue to receive the best terms offered by the other party.
Practical Law Dictionary. Glossary of UK, US and international legal terms.
www.practicallaw.com.
2010.
Look at other dictionaries:
most favored nation provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
most-favored-nation provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
most favoured nation provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
most favored nation clause — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
most-favored-nation clause — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
MFN provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
Commonwealth of Nations — For other uses, see Commonwealth (disambiguation). Commonwealth of Nations … Wikipedia
MFN — abbrv. Most favored nation. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. MFN + … Law dictionary
MFN clause — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
Criticism of ESPN — While ESPN is one of the most successful sports networks, it has not been free from criticism. This criticism includes accusations of biased coverage, conflict of interest, and controversies with individual broadcasters and analysts. Mike Freeman … Wikipedia
