Purchase Agreement: Material Adverse Effect Definition | Practical Law

Purchase Agreement: Material Adverse Effect Definition | Practical Law

A Standard Clause defining "Material Adverse Effect" (MAE) for use in an asset or share purchase agreement for the acquisition of a private corporation. The term "Material Adverse Change" (MAC) is used in some cases. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Purchase Agreement: Material Adverse Effect Definition

Practical Law Canada Standard Clauses w-016-2042 (Approx. 6 pages)

Purchase Agreement: Material Adverse Effect Definition

by Practical Law Canada Corporate & Securities
Maintained • Canada (Common Law)
A Standard Clause defining "Material Adverse Effect" (MAE) for use in an asset or share purchase agreement for the acquisition of a private corporation. The term "Material Adverse Change" (MAC) is used in some cases. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.