Dictionary of Legal Terms
Material adverse change (MAC)
Definition
A clause that governs the impact of a material adverse change on the continuation of a transaction.
Categories
Hukum Bisnis & Korporasi
Examples
- Contoh: Dalam transaksi, tim hukum melakukan material adverse change (mac) untuk memetakan risiko.
Synonyms
No synonyms.
Sources
-
Rujukan umum: hukum perusahaan & kontrak bisnis
Related terms
No related terms.
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