Material adverse effect and State: Difference between pages

Revision as of 18:36, 1 November 2021

1. Law - international law - sovereignty - personality.

Very similar to a country.

But, more strictly, an entity that has:

States have separate legal personality in international law, and can enter into relations with other states.

2. Adjective.

Relating to, or provided by, a government or governmental agency.

For example, state aid.

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-(MAE).
+. ''Law - international law - sovereignty - personality.''
-A clause in a loan agreement.
+Very similar to a country.
-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 will constitute an event of default.
+But, more strictly, an entity that has:
+*A permanent population;
+*A defined territory; and
+*An effective government.
-== See also ==
-* [[Event of default]]
-* [[Loan agreement]]
-* [[Material adverse change]]
-* [[Adverse event]]
-[[Category:Bank_Lending]]
+States have separate legal personality in international law, and can enter into relations with other states.
-[[Category:Debt_Capital_Markets]]
-[[Category:Legal_Documentation]]
+. ''Adjective.''
+Relating to, or provided by, a government or governmental agency.
+For example, ''state aid''.
+==See also==
+*[[International law]]
+* [[Jurisdiction]]
+*[[Legal personality]]
+*[[Member state]]
+*[[Rentier state]]
+*[[Sovereignty]]
+*[[State aid]]
+*[[State immunity]]
+*[[State Pension]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]