{"iri":"https://folio.openlegalstandard.org/R8h7iX0cG97aNHhEzak0e3U","label":"Materiality Scrapes","sub_class_of":["https://folio.openlegalstandard.org/RQK2U69tYGz8WI47zMgaCP"],"parent_class_of":["https://folio.openlegalstandard.org/R7UFW7IONSy0FtRqWsms7Tx","https://folio.openlegalstandard.org/RDMDwRdvGV1SmoM2o59K16g","https://folio.openlegalstandard.org/RhPVhnve1MQnjMzFXHwMrG"],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R7UFW7IONSy0FtRqWsms7Tx","https://folio.openlegalstandard.org/RDMDwRdvGV1SmoM2o59K16g","https://folio.openlegalstandard.org/RhPVhnve1MQnjMzFXHwMrG"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["MAE","Material Adverse Effect Qualification"],"translations":{"es-es":"Calificación de Efecto Adverso Material","es-mx":"Calificación de Efecto Adverso Material","en-gb":"Material Adverse Effect Qualification","fr-fr":"Qualification d'un effet défavorable important","pt-br":"Qualificação de Efeito Adverso Material","de-de":"Qualifizierung eines wesentlichen nachteiligen Effekts","he-il":"כשל חומרי מוביל לכל השלכות","hi-in":"सामग्री विपरीत प्रभाव योग्यता","zh-cn":"实质不利影响限定","ja-jp":"重大な不利な影響の限定"},"hidden_label":null,"definition":"Materiality Scrapes (aka Material Adverse Effect (MAE) Qualification) refers to a provision in a contract that allows a party to back out of the agreement if certain negative events or changes occur that would significantly impact the value or profitability of the subject matter of the contract.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":"ABA M&A Deal Points Study","country":null}