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Material adverse change clause (See Chapter 42 of the Vernimmen)
Material adverse change clause, a part of every merger or acquisition transaction, is intended to protect buyers from a dramatic short-term deterioration in the target company's business. Gives a buyer the right to terminate the agreement before its completion or at least to renegotiate its terms, if events occur that are detrimental to the business/assets of the target company.
Material adverse change clause (See Chapter 42 of the Vernimmen)
Material adverse change clause, a part of every merger or acquisition transaction, is intended to protect buyers from a dramatic short-term deterioration in the target company's business. Gives a buyer the right to terminate the agreement before its completion or at least to renegotiate its terms, if events occur that are detrimental to the business/assets of the target company.
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Material adverse change clause (See Chapter 42 of the Vernimmen)
Material adverse change clause, a part of every merger or acquisition transaction, is intended to protect buyers from a dramatic short-term deterioration in the target company's business. Gives a buyer the right to terminate the agreement before its completion or at least to renegotiate its terms, if events occur that are detrimental to the business/assets of the target company.
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