Material adverse change — A material adverse change (also called a MAC) also formulated as a Material adverse event or Material adverse effect (either, a MAE) contingency is a legal provision often found in mergers and acquisitions contracts and venture financing… … Wikipedia
material adverse change clause — (MAC clause) A clause which aims to give the buyer the right to walk away from the acquisition, before closing, if events occur that are detrimental to the target company. MAC clauses are a common feature of public and private acquisition… … Law dictionary
material adverse change or effect — Many mergers and acquisitions contracts include a material adverse change clause that allows a company to renegotiate or walk away from a deal if the other company or its subsidiaries ( subsidiary) announces a significant event that may… … Financial and business terms
material adverse change — A clause in a loan agreement or bank facility stating that the loan will become repayable if there should a material change in the borrower s credit standing. The clause can be contentious because it is not always clear what constitutes a… … Accounting dictionary
material adverse change — A clause in a loan agreement or bank facility stating that the loan will become repayable if there should a material change in the borrower s credit standing. The clause can be contentious because it is not always clear what constitutes a… … Big dictionary of business and management
material adverse effect — (MAE) USA This term has a number of meanings. In the context of: • Finance. A term of art used as a threshold to measure the effect of some event. The language may vary slightly, but a typical definition is: a material adverse effect on (a) the… … Law dictionary
Adverse effect (medicine) — In medicine, an adverse effect is a harmful and undesired effect resulting from a medication or other intervention such as chemotherapy or surgery. An adverse effect may be termed a side effect (when judged to be secondary to a main or… … Wikipedia
MAE — material adverse effect (MAE) USA This term has a number of meanings. In the context of: • Finance. A term of art used as a threshold to measure the effect of some event. The language may vary slightly, but a typical definition is: a material… … Law dictionary
Wesentliche Verschlechterung der Vermögensverhältnisse — ist ein normativ unbestimmter Rechtsbegriff, der dem Gläubiger aus einem Dauerschuldverhältnis (etwa Kreditvertrag, Miete) eine außerordentliche Kündigung aus wichtigem Grund gegenüber seinem Schuldner ermöglichen soll, weil wegen der… … Deutsch Wikipedia
company MAC — USA In the case of an acquisition financing, a material adverse change condition precedent to lending that is virtually identical to the material adverse change clause in the acquisition agreement. It will only pertain to the target company (not… … Law dictionary
