Material Adverse Change or Effect A clause in some merger and acquisition contracts allowing the acquiring to cancel a deal before it is finalized if material information is revealed that negatively impacts the target companys stock price.

Bidders for Precise Mortgages seek Brexit clause prior to referendum Deals in the UK were the least likely to have a MAC clause (only 3).

Mergers and acquisitions: termination fees and acquisition deal completion QNB will not use the MAC clause it said in its conference call and already pencilled in a potential fall in the EGPUSD to 7.

Arqaam Capital highlights arbitrage opportunities on NSGB and Tamweel the available US swing line that does not have a MAC clause, which is Moodys assigns Prime-1 to CNPC Finance (HK)s US CP program A MAC clause is a clause typically requested by the purchaser of a business to be inserted into a sale and purchase agreement (SPA).

MAC clause: the contract clause that leaves prospective buyers holding all the aces In 2007, a MAC clause led to a reduction in the sale price for Strategic vagueness in contract design: the case of corporate acquisitions will not only permit a court to indulge its tendency to interpret a MAC clause narrowly, but will affirmatively count against an inclusion of that topic in the MAC definition.

N. Failure of a basic assumption: the emerging standard for excuse under MAE provisions Bank of America shareholders approved the agreement with the MAC clause December 5, 2008.

The economics of deal risk: allocating risk through MAC clauses in business combination agreements particular, the MAC clause.

Finally, negotiate remedies that provide Lessons to Potential Sellers: Channel Your Energy into Negotiating Strong Documents; by Lynette K.

Oyster Another way to navigate the lending process with some order is to lock in the entire loan coupon by effectively buying out the MAC clause language in the loan agreement.

This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

What Does Mac Stand For In Mac Address