FOLIO Ontology

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Standalone Material Adverse Effect Closing Condition

IRI:
https://folio.openlegalstandard.org/R7dUEt2k8bqVAeZR72kHXfO
Preferred Label N/A
Alternative Labels
MAE

Definition

A Standalone Material Adverse Effect (MAE) Closing Condition, also known as MAE, is a specific language used in legal agreements that outlines the circumstances under which a party can terminate the agreement due to a significant negative change in the financial or operational condition of the other party.

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Translations

🇩🇪 de-de Bedingung für den Abschluss eines eigenständigen wesentlichen nachteiligen Effekts
🇪🇸 es-es Condición de cierre de efecto adverso material independiente
🇲🇽 es-mx Condición de cierre de efecto adverso material independiente
🇫🇷 fr-fr Condition de clôture d'effet indépendant matériel négatif
🇧🇷 pt-br Condição de Fechamento de Efeito Adverso Material Independente
🇬🇧 en-gb Standalone Material Adverse Effect Closing Condition
🇮🇱 he-il תנאי סגירה של השפעה שלילית חומרית עצמאית
🇮🇳 hi-in स्वतंत्र सामग्री विपरीत प्रभाव समापन शर्त
🇯🇵 ja-jp スタンドアロンマテリアルアドバースエフェクトクロージングコンディション
🇨🇳 zh-cn 独立的实质性不利影响结束条件

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Additional Information

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Source and Origin

Source

ABA M&A Deal Points Study