A clause used with mergers and acquisitions that allows the acquiring party to cancel the acquisition in the condition that there is a significant change with the target company. This clause allows the acquiring party to be protected if something negative happened to the target company which made the acquirer no longer interested in purchasing the company. also called material adverse effect or material adverse event.
Related information about material adverse change (MAC):
- (MAC) Material adverse change definition
Material Adverse Change (MAC) clause is a reference to a specific clause that can be included in loan agreements, providing lenders with a degree of protection ...
- What is material adverse change (MAC)? definition and meaning
Definition of material adverse change (MAC): A clause used with mergers and acquisitions that allows the acquiring party to cancel the acquisition in the ...
- Material Adverse Change (MAC) Clauses in M& A Transactions
For more than a decade, China has been a popular destination of foreign mergers and acquisitions (M& A). While Chinese sellers are excited for the ...
- Webinar Recording: Trends in Material Adverse Change (MAC ...
Webinar Recording: Trends in Material Adverse Change (MAC) Clauses. October 13, 2011. Author(s): Richard F. Langan, Jr. In conjunction with the release of ...
- PLC - Material adverse change (MAC) clause
In the context of the acquisition (www.practicallaw.com/7-107-5821) of a target company or business, a clause which aims to give the buyer the right to walk ...
- PLC - Material Adverse Change (MAC)
This term has several meanings. In the context of: Finance. A term of art used as a threshold to measure the effect of some event. The language may vary slightly, ...
- Steptoe & Johnson LLP: A Guide to MAC clauses in M&A transactions
May 12, 2011 ... A material adverse change (“MAC”) clause (also sometimes referred to as a material adverse event or material adverse effect clause) is a ...
- MAC - Material Adverse Change
... .com/Material-Adverse-Change-(MAC).html">MAC</a> ...