Material adverse change: Difference between revisions
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The [[material adverse change]] — fondly known as a “[[MAC]]” is something ineffable and hard to describe in concept, but you will know one when you see it. It is a hotly debated topic among the [[negotiator]] community, and a good example of the limitations of all this breathless [[smart contract]] chat. | The [[material adverse change]] — fondly known as a “[[MAC]]” is something ineffable and hard to describe in concept, but you will know one when you see it. It is a hotly debated topic among the [[negotiator]] community, and a good example of the limitations of all this breathless [[smart contract]] chat. | ||
{{ | {{sa}} | ||
*[[Events of default]] | *[[Events of default]] | ||
*[[Termination events]] | *[[Termination events]] | ||
*[[Creditworthiness]] | *[[Creditworthiness]] | ||
*[[Smart contract]]s | *[[Smart contract]]s |
Revision as of 11:36, 18 January 2020
The material adverse change — fondly known as a “MAC” is something ineffable and hard to describe in concept, but you will know one when you see it. It is a hotly debated topic among the negotiator community, and a good example of the limitations of all this breathless smart contract chat.