Material adverse change - Revision history

imported>Doug Williamson: Add link.

2021-07-15T10:32:02Z

Add link.

← Older revision		Revision as of 10:32, 15 July 2021
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	* [[Event of default]]		* [[Event of default]]
	* [[Loan agreement]]		* [[Loan agreement]]
			* [[Material]]
	* [[Material adverse effect]]		* [[Material adverse effect]]
	* [[Materiality]]		* [[Materiality]]

imported>Doug Williamson: Add links.

2021-06-12T16:22:54Z

Add links.

← Older revision		Revision as of 16:22, 12 June 2021
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	== See also ==		== See also ==
			* [[Conduct]]
	* [[Event of default]]		* [[Event of default]]
	* [[Loan agreement]]		* [[Loan agreement]]
	* [[Material adverse effect]]		* [[Material adverse effect]]
			* [[Materiality]]

	~~[[Category:Long_term_funding]]~~
	[[Category:Long_term_funding]]		[[Category:Long_term_funding]]
	[[Category:Treasury_operations_infrastructure]]		[[Category:Treasury_operations_infrastructure]]

imported>Doug Williamson: Amend to adopt more detail from ACT CFF reading 4.3.1 p13 Documentation 1 April 2014.

2014-06-13T17:27:50Z

Amend to adopt more detail from ACT CFF reading 4.3.1 p13 Documentation 1 April 2014.

← Older revision		Revision as of 17:27, 13 June 2014
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	Normally it is intended as a 'catch-all' clause and states that if ''in the opinion of the lender'' there is a change in the circumstances of the borrower that is both material and adverse, then this will constitute an event of default.		Normally it is intended as a 'catch-all' clause and states that if ''in the opinion of the lender'' there is a change in the circumstances of the borrower that is both material and adverse, then this will constitute an event of default.

	Not surprisingly this is a contentious clause, depending on who ~~defines~~ 'material'.
			Not surprisingly this is a contentious clause, depending on who determines 'material', and how.

			Modified forms of the clause may require the opinion to be 'reasonable' or replace the 'opinion' with an objective test.


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	* [[Material adverse effect]]		* [[Material adverse effect]]

	[[Category:~~Bank_Lending~~]]		[[Category:Long_term_funding]]
	[[Category:~~Debt_Capital_Markets~~]]		[[Category:Long_term_funding]]
	[[Category:~~Legal_Documentation~~]]		[[Category:Treasury_operations_infrastructure]]

imported>Doug Williamson: Amend to align with ACT Corporate Finance & Funding reading 4.3.1 p13 Documentation 1 April 2014. Categorise the page. Link with new Material adverse effect page.

2014-06-13T17:15:59Z

Amend to align with ACT Corporate Finance & Funding reading 4.3.1 p13 Documentation 1 April 2014. Categorise the page. Link with new Material adverse effect page.

← Older revision		Revision as of 17:15, 13 June 2014
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	A clause in a loan agreement.		A clause in a loan agreement.

	Normally it is intended as a 'catch-all' clause and states that if there is a change in the circumstances of the ~~lender~~ that is both material and adverse, then this will constitute an event of default.		Normally it is intended as a 'catch-all' clause and states that if ''in the opinion of the lender'' there is a change in the circumstances of the borrower that is both material and adverse, then this will constitute an event of default.

	Not surprisingly this is a contentious clause, depending on who defines 'material'.		Not surprisingly this is a contentious clause, depending on who defines 'material'.
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	* [[Event of default]]		* [[Event of default]]
	* [[Loan agreement]]		* [[Loan agreement]]
			* [[Material adverse effect]]

			[[Category:Bank_Lending]]
			[[Category:Debt_Capital_Markets]]
			[[Category:Legal_Documentation]]

imported>Doug Williamson: Spacing 22/8/13

2013-08-22T09:24:36Z

Spacing 22/8/13

← Older revision		Revision as of 09:24, 22 August 2013
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	(MAC). A clause in a loan agreement. Normally it is intended as a 'catch-all' clause and states that if there is a change in the circumstances of the lender that is both material and adverse, then this will constitute an event of default.		(MAC).

			A clause in a loan agreement.

			Normally it is intended as a 'catch-all' clause and states that if there is a change in the circumstances of the lender that is both material and adverse, then this will constitute an event of default.

	Not surprisingly this is a contentious clause, depending on who defines 'material'.		Not surprisingly this is a contentious clause, depending on who defines 'material'.


	== See also ==		== See also ==
	* [[Event of default]]		* [[Event of default]]
	* [[Loan agreement]]		* [[Loan agreement]]

imported>Administrator: CSV import

2012-10-23T14:20:03Z

CSV import

New page

(MAC). A clause in a loan agreement. Normally it is intended as a 'catch-all' clause and states that if there is a change in the circumstances of the lender that is both material and adverse, then this will constitute an event of default.

Not surprisingly this is a contentious clause, depending on who defines 'material'.

== See also ==
* [[Event of default]]
* [[Loan agreement]]