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An adverse job action "must be materially adverse, meaning more than a mere
While everyone agrees that the purpose of a written agreement is to clearly
Material adverse change (“MAC”) clauses and material adverse effect (“MAE”)
material adverse effect meaning, definition, English dictionary, synonym, see also
The words “material adverse effect” and “material adverse impact” are not
May 9, 2007 . Rethinking "Material" and "Material Adverse Change" [AdamsDrafting] (Thanks to
Feb 13, 2011 . Generally accepted accounting principles (GAAP) allow flexibility in determining
[i.e. the lender] any material adverse condition or . material adverse change in
A material adverse effect was defined as "any event, occurrence, or development
1 (IAS 1) presents a similar definition of materiality in that omissions or . As for
manner (see "Defining MAC-What Does 'Material Adverse Change'. Mean? . ..
seemingly simple words like “Material Adverse Change,” defining this . A typical
Material Adverse Change (MAC) clause is a reference usually included in loan
Material Harm: Finding the Appropriate Standard to Define an "Adverse Action" in
Material Adverse Effect: This definition is used in a number of places to define the
May 25, 2007 . (d) the updated information includes no materially adverse information; and. (e) .
The language may vary slightly, but a typical definition is: "a material adverse
Definition of material in the Legal Dictionary - by Free online English dictionary
contain no material inaccuracies. Because it is not clear what material means
The representation and warranty is expressly subject to the proposed legislation
Material Adverse Change or Effect - definition of Material Adverse Change or
The following is an example of how a MAC might be defined in a merger
Nov 11, 2008 . Material adverse effect (MAE) clauses have become highly negotiated . . The
In any particular transaction, if inclusion of a Company MAC clause is agreed, the
May 13, 2009 . In our view, a plaintiff must show that a reasonable employee would have found
What is a material adverse change? What is the definition of a material adverse
Mar 8, 2012 . Regardless of the state of the deal market, Material Adverse Effect, . now-
Mar 1, 2007 . Marie needs help getting her Verizon contract canceled without termination fee.
Jul 30, 2011 . A Material Adverse Change (MAC) clause enables a buyer to withdraw from a
exist that may result in such material adverse effect. As an alternative approach to
Definition of material adverse change (MAC): A clause used with mergers and
Oct 19, 2011 . The Court's definition of materially adverse was any action that would have been
May 27, 2011 . breach “materially and adversely affects the interests of the . . Such an
But courts impose limits on how far buyers may stretch the definition of “materially
“Material Adverse Effect” was defined in the agreement as being: “any event or
Aug 15, 2011 . The Second Circuit agreed finding that the lower court's definition of “materially
Sep 10, 2009 . Traditionally, a MAC was defined simply as "any material adverse change in the
However, the Court defined "materially adverse" as conduct that might well have "
Dec 14, 2009 . The first is whether the Senate amendment constitutes a material adverse effect
negotiating the material adverse change. (or MAC) language to allocate risk in
Each merger agreement that contains such a clause has a different definition of
Feb 26, 2007 . This meaning is reflected in, for example, the opinion in the most important recent
There are, however, two keys phrases in the Court's new definition that will
Oct 29, 2008 . In the first, the MAC or MAE definition describes the circumstances that would
Feb 26, 2012 . No document could be completed if we didn't “punt” these “definitions” (think – “
Jan 1, 2012 . 1.1.11: Definitions: Company Material Adverse Effect. Premium Content This
magnitude to be a MAC—i.e., whether the adverse change is material. Despite
Many mergers and acquisitions contracts include a material adverse change
Many mergers and acquisitions contracts include a material adverse change
The definition of “material adverse change” in the typical acquisition agreement (
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