Material adverse effect: Difference between revisions

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* [[Loan agreement]]
* [[Loan agreement]]
* [[Material adverse change]]
* [[Material adverse change]]
* [[Adverse effect]]


[[Category:Bank_Lending]]
[[Category:Bank_Lending]]
[[Category:Debt_Capital_Markets]]
[[Category:Debt_Capital_Markets]]
[[Category:Legal_Documentation]]
[[Category:Legal_Documentation]]

Revision as of 22:25, 4 July 2014

(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 will constitute an event of default.


See also