# "Back-Door" Material Adverse Effect Closing Condition

**IRI:** https://folio.openlegalstandard.org/R8H6juVpaeXuliJoxIUxXdS

## Labels

**Alternative Labels:**

- MAE

**Translations:**

- de-de: Closing-Bedingung für Material Adverse Effects durch Hintertür
- en-gb: Back-Door" Material Adverse Effect Closing Condition
- es-es: Condición de cierre de efecto adverso material "Back-Door"
- es-mx: Condición de cierre de efecto adverso material "Back-Door"
- fr-fr: Condition de clôture pour les effets indésirables matériels par la porte dérobée
- he-il: תנאי סגירת השפעה נזקית חומרית "Back-Door"
- hi-in: "बैक-डोर" सामग्री अधिकारी असाधारण प्रभाव समापन शर्त
- ja-jp: バックドアの重大な不利な影響のクロージング条件
- pt-br: Condição de fechamento para Efeitos Adversos Materiais por meio de Porta dos Fundos
- zh-cn: 通过后门的重大不利影响关闭条件

## Definition

A "Back-Door" Material Adverse Effect (MAE) Closing Condition is a provision in a legal agreement that allows a party to back out of the agreement if an adverse event occurs that was not specifically listed as a condition for termination.

## Sub Class Of

- https://folio.openlegalstandard.org/R8UELEvq0EkRnKE9zMt5IfZ
- https://folio.openlegalstandard.org/RQK2U69tYGz8WI47zMgaCP

**Deprecated:** False

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