Material Adverse Effect Definition - "Arising from/out of and Resulting From" Language
Definition
A Material Adverse Effect (MAE) Definition - "Arising from/out of and Resulting From" Language refers to a clause in a contract that outlines the specific circumstances under which a party can terminate the agreement due to a significant negative change in the financial condition or business operations of the other party, which must be directly caused by a specific event or circumstance.
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