Definition of material adverse change in English Turkish dictionary
(Finans) Finansal veya diğer şartlarda ya da borçlunun işi, kazancı ya da borçlunun işleriyle ilgili beklentiler hususunda kredi verenler tarafından ciddi olumsuz değişiklik olarak düşünülecek değişiklik
(Finans) Kredi verenlerin, krediyi alanda ilerde kendi aleyhlerine düşündükleri ciddi değişiklik
Definition of material adverse change in English English dictionary
(Finans) 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 agreements that enables the acquirer (or funder) to refuse to complete the acquisition or merger or financing with the party being acquired (often termed, the "target") if the target suffers such a change
(Finans) "Material Adverse Change" or "Material Adverse Effect" means, when used in connection with the Company or Parent, as the case may be, any change or effect that is materially adverse to the business, financial condition or results of operations of such entity and its Subsidiaries taken as a whole