# "Actual Knowledge" Language

**IRI:** https://folio.openlegalstandard.org/R9KaDlWM2IWH4CBiYmjFak

## Labels

**Alternative Labels:**

- MAE

**Translations:**

- de-de: Definition des wesentlichen nachteiligen Effekts - Sprache "tatsächliches Wissen"
- en-gb: Material Adverse Effect Definition - "Actual Knowledge" Language
- es-es: Definición de Efecto Adverso Material - Lenguaje de "Conocimiento Real"
- es-mx: Definición de Efecto Adverso Material - Lenguaje de "Conocimiento Real"
- fr-fr: Définition de l'effet indésirable important - Langage "connaissance réelle"
- he-il: הגדרת תוקף פגיעה חומרית - שפת "ידיעה בפועל"
- hi-in: "वास्तविक ज्ञान" भाषा में सामग्री विपरीत प्रभाव की परिभाषा
- ja-jp: 実際の知識言語における重大な不利な影響の定義
- pt-br: Definição de Efeito Adverso Material - Linguagem de "Conhecimento Real"
- zh-cn: 实际知识语言下的重大不利影响定义

## Definition

"Actual Knowledge" Language refers to a clause in a contract that outlines the specific circumstances under which a party can terminate the agreement if there is a significant negative impact on the financial condition or operations of the other party, and the party seeking to terminate has actual knowledge of such impact.

## Sub Class Of

- https://folio.openlegalstandard.org/RCrshoNA9Tc4Xswrj0v8nqX

**Deprecated:** False