What does MAC stand for?

Material Adverse Change

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government

Other Resources:

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Mass Accelerator Cannon (gaming, Halo weaponry) Mass Attenuation Coefficient Massachusetts Animal Coalition Master Addictions Counselor Master of Accountancy Master of Art Conservation Master of Arts in Counseling Material Accountability and Control Material Accounting Center Material Accumulation Costing		Materiel Acquisition Command Mathematics and Computation (MIT Artificial Intelligence Lab project) Maximum Acceptable Concentration Maximum Adjacent Cut (locksmithing) Maximum Allowable Charge Maximum Allowable Concentration Maximum Allowable Cost Maximum Amount Contributable (US IRS) Maximum Asset Capability (economics) McMaster University (Hamilton, Ontario, Canada)

Samples in periodicals archive:

Most corporate finance agreements contain material adverse change or MAC clauses, as they are commonly known.

MAC Clauses Post August 2007 - What Do They Mean In The Current ...

For its part, Bank of America concluded that there were serious risks to declaring a material adverse change, and that proceeding with the transaction, with governmental support, was the better course," he said.

Bank of America OK'd Merrill deal after gov't took on risk: CEO

For its part, Bank of America concluded that there was serious risk to declaring a material adverse change and that proceeding with the transaction with governmental support was the better course.

Bank of America chief deflects Merrill pressure query

The SPA is being terminated because two conditions precedent to the SPA have not been fulfilled by the long stop date of December 31 2008 and because of the material adverse change referred to in the Corporation's press release of December 8 2008.

Russia : Archangel Diamond Corporation Terminates Transaction for ...

They are reading the fine print to see if they can find a reasonable or justifiable way out--a loophole that they can make a gap big enough to drive material adverse change provisions," said Greif.

Lenders yanking borrowers' bucks: financiers cut off funding for ...

In a statement, Harman International said, "KKR and Goldman Sachs have informed Harman that they believe that a material adverse change in Harman's business has occurred, that Harman has breached the merger agreement and that they are not obligated to complete the merger.

$8.0 billion deal to buy Harman International canceled: investors ...

If a material adverse change occurs, the purchaser has the right to lower the offer or, in some cases, walk away from the transaction.

Tips to make that merger work

It has been suggested that the consortium may even try to renegotiate the purchase price, citing a material adverse change in its buyout agreement.

The consortium of private equity firms buying Diageo's Burger King is ...