Standalone Material Adverse Effect Closing Condition MAE Bedingung für den Abschluss eines eigenständigen wesentlichen nachteiligen Effekts Standalone Material Adverse Effect Closing Condition Condición de cierre de efecto adverso material independiente Condición de cierre de efecto adverso material independiente Condition de clôture d'effet indépendant matériel négatif תנאי סגירה של השפעה שלילית חומרית עצמאית स्वतंत्र सामग्री विपरीत प्रभाव समापन शर्त 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 Condição de Fechamento de Efeito Adverso Material Independente 独立的实质性不利影响结束条件 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.