Commitment Letter: Company Material Adverse Change Clause | Practical Law

Commitment Letter: Company Material Adverse Change Clause | Practical Law

A Standard Clause in the conditions precedent section of commitment letters or the attached term sheets for acquisition financings that mirrors a typical material adverse change clause found in acquisition agreements. The Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Commitment Letter: Company Material Adverse Change Clause

Practical Law Standard Clauses 5-381-7751 (Approx. 6 pages)

Commitment Letter: Company Material Adverse Change Clause

by Practical Law Finance
MaintainedUSA (National/Federal)
A Standard Clause in the conditions precedent section of commitment letters or the attached term sheets for acquisition financings that mirrors a typical material adverse change clause found in acquisition agreements. The Standard Clause has integrated notes with important explanations and drafting and negotiating tips.