India Languages, asked by Roopitha, 9 months ago

what do you understand by the term material contract ?​

Answers

Answered by aadil1290
2

Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

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