# Material Adverse Effect Definition

**IRI:** https://folio.openlegalstandard.org/RsHuW5MLfrGGruc6e9rJZC

## Labels

**Alternative Labels:**

- MAE

**Translations:**

- de-de: Definition eines wesentlichen nachteiligen Effekts
- en-gb: Material Adverse Effect Definition
- es-es: Definición de Efecto Adverso Material
- es-mx: Definición de Efecto Adverso Material
- fr-fr: Définition d'un effet défavorable important
- he-il: הגדרת השפעה שלילית חומרית
- hi-in: सामग्री विपरीत प्रभाव की परिभाषा
- ja-jp: 重大な不利な影響の定義
- pt-br: Definição de Efeito Adverso Material
- zh-cn: 重大不利影响定义

## Definition

Material Adverse Effect (MAE) is a legal term that refers to a significant negative change or event that affects the financial condition, business operations, or assets of a company, and is used in legal agreements to define the circumstances under which a party can terminate or modify the agreement.

## Sub Class Of

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

## Parent Class Of

- https://folio.openlegalstandard.org/R67fwZw741EuZY3jLZhsoZ
- https://folio.openlegalstandard.org/RgBq3kUkMfNYtUi93XIh0i

**Deprecated:** False