Material Adverse Effect Clause

(= MAC clause).If a signi­fi­cant dete­rio­ra­tion is of the borro­wer’s circum­s­tances occurs, which is asso­cia­ted with a certain likeli­hood that the borrower will not be able to meet his obli­ga­ti­ons. can no longer comply with the credit agree­ment, the lender shall the right to call in the loan.