# Standalone Material Adverse Effect Closing Condition

**IRI:** https://folio.openlegalstandard.org/R7dUEt2k8bqVAeZR72kHXfO

## Labels

**Alternative Labels:**

- MAE

**Translations:**

- de-de: Bedingung für den Abschluss eines eigenständigen wesentlichen nachteiligen Effekts
- en-gb: Standalone Material Adverse Effect Closing Condition
- 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
- 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
- pt-br: Condição de Fechamento de Efeito Adverso Material Independente
- zh-cn: 独立的实质性不利影响结束条件

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RQK2U69tYGz8WI47zMgaCP

**Deprecated:** False

**Source:** ABA M&A Deal Points Study