No MAC Clause Samples
No MAC. From the date of this Agreement through the applicable Closing or Interim Transfer, there has not been a MAC (within the meaning of paragraph (a) of the definition of “MAC” in Section 1.1 of this Agreement).
No MAC. No Material Adverse Change has occurred and is occurring with respect to the Borrower or GreenSky.
No MAC. Since the date of the Interim Balance Sheet, no material adverse change shall have occurred in the business, operations, properties, assets, financial condition or results of operations of the Acquired Companies, taken as a whole.
No MAC. No material adverse change shall have occurred with respect to the Licenses, including without limitation that one or more Licenses have become subject to any Liens, except for a material adverse change requested or approved by Buyer and NextNav resulting from the Flexibility Request.
No MAC. Since January 1, 2003, no change shall have occurred which has had or could reasonably be expected to have a material adverse effect on the financial condition, operating results, assets, operations, business prospects, employee relations or customer or supplier relations of KCL or any of the other Companies ("MATERIAL ADVERSE EFFECT").
No MAC. No material adverse change shall have occurred with respect to Buyer or NextNav which has rendered Buyer or NextNav unable to comply with its material obligations under this Agreement.
No MAC. Since December 31, 2017, there shall have been no change which has had or could reasonably be expected to have a Material Adverse Effect.