Material adverse effect: Difference between revisions
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imported>Doug Williamson m (Add link.) |
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== See also == | == See also == | ||
* [[Adverse event]] | |||
* [[Event of default]] | * [[Event of default]] | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[Material]] | * [[Material]] | ||
* [[Material adverse change]] | * [[Material adverse change]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:Treasury_operations_infrastructure]] | [[Category:Treasury_operations_infrastructure]] | ||
Latest revision as of 01:37, 15 December 2024
(MAE).
A clause in a loan agreement.
It is intended as a 'catch-all' clause and states that if there is a change in the circumstances of the borrower that materially and adversely affects the borrower's ability to repay, then this is an event of default.
