# Materiality Scrapes

**IRI:** https://folio.openlegalstandard.org/R8h7iX0cG97aNHhEzak0e3U

## Labels

**Alternative Labels:**

- MAE
- Material Adverse Effect Qualification

**Translations:**

- de-de: Qualifizierung eines wesentlichen nachteiligen Effekts
- en-gb: Material Adverse Effect Qualification
- es-es: Calificación de Efecto Adverso Material
- es-mx: Calificación de Efecto Adverso Material
- fr-fr: Qualification d'un effet défavorable important
- he-il: כשל חומרי מוביל לכל השלכות
- hi-in: सामग्री विपरीत प्रभाव योग्यता
- ja-jp: 重大な不利な影響の限定
- pt-br: Qualificação de Efeito Adverso Material
- zh-cn: 实质不利影响限定

## 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.

## 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

## See Also

- https://folio.openlegalstandard.org/R7UFW7IONSy0FtRqWsms7Tx
- https://folio.openlegalstandard.org/RDMDwRdvGV1SmoM2o59K16g
- https://folio.openlegalstandard.org/RhPVhnve1MQnjMzFXHwMrG

**Deprecated:** False

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