Tag Archives: material adverse

Coronavirus and Loan Agreements: A Material Adverse Change?

With the current extreme volatility in world markets and commentators predicting worsening economic and financial conditions worldwide, lenders exposed to industries particularly affected by the COVID-19 outbreak may consider invoking Material Adverse Change (MAC) provisions in loan agreements to demand …

Posted in Longer Reads | Tagged , , , , | Comments Off on Coronavirus and Loan Agreements: A Material Adverse Change?