Although Material Adverse Change (“MAC”) clauses are quite prevalent in loan and financing documents, there is very little case law in Maryland dealing with the successful or unsuccessful enforcement of these clauses. With...more
3/31/2020
/ Ambiguous ,
Borrowers ,
Burden of Proof ,
Condition Precedent ,
Contract Terms ,
Coronavirus/COVID-19 ,
Default ,
Lenders ,
Line of Credit ,
Loans ,
Material Adverse Change Clauses (MACs) ,
Merger Agreements