Common use of MAC Clause Clause in Contracts

MAC Clause. During the period from the date of this Agreement through to the Closing Date, no material adverse change shall have occurred in the condition, financial or otherwise, or in the operations of the Company excluding, in any such case, any event, circumstance or change resulting from: 4.3.1 changes in stock markets, interest rates, exchange rates, commodity prices or other general economic conditions; or 4.3.2 changes in conditions generally affecting the industry in which the Company operates; or 4.3.3 changes in laws, regulations or accounting practices; or 4.3.4 matters previously disclosed to the Purchaser; or 4.3.5 this transaction or the change in control resulting from this transaction.