Holdco and Material adverse effect: Difference between pages
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A | (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 == | == See also == | ||
* [[ | * [[Event of default]] | ||
* [[ | * [[Loan agreement]] | ||
* [[ | * [[Material]] | ||
* [[Material adverse change]] | |||
* [[Adverse event]] | |||
[[Category: | [[Category:Long_term_funding]] | ||
[[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.
