The language may vary slightly, but a typical definition is: a material… … Law dictionary A term of art used as a threshold to measure the effect of some event. MAC - material adverse change (MAC) USA This term has a number of meanings. Material adverse change - A material adverse change (also called a MAC) also formulated as a Material adverse event or Material adverse effect (either, a MAE) contingency is a legal provision often found in mergers and acquisitions contracts and venture financing… … Wikipedia MAC clauses are a common feature of public and private acquisition… … Law dictionary Material adverse change clause - (MAC clause) A clause which aims to give the buyer the right to walk away from the acquisition, before closing, if events occur that are detrimental to the target company. The language may vary slightly, but a typical definition is: a material adverse change in the… … Law dictionary Material adverse change - (MAC) USA This term has a number of meanings.
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