Difference between revisions of "Material adverse effect"

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m (Simplify to 'is an event of default', replacing 'will constitute an event of default'.)
m (Add link.)
 
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* [[Event of default]]
 
* [[Event of default]]
 
* [[Loan agreement]]
 
* [[Loan agreement]]
 +
* [[Material]]
 
* [[Material adverse change]]
 
* [[Material adverse change]]
 
* [[Adverse event]]
 
* [[Adverse event]]
  
[[Category:Long_term_funding]]
 
 
[[Category:Long_term_funding]]
 
[[Category:Long_term_funding]]
 
[[Category:Treasury_operations_infrastructure]]
 
[[Category:Treasury_operations_infrastructure]]

Latest revision as of 10:32, 15 July 2021

(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.


See also