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[podcast host] So next, what is a MAC clause?

So next,what is a MAC clause? A MAC clauseis a Material Adverse Change clause. It's a...

Partner Track • S01E01 • 2022

[podcast host] So next,
what is a MAC clause? A MAC clause
is a Material Adverse Change clause. It's a change in circumstance that affects
a bargain after the deal is signed, but before it's been closed. Something like an embargo,
or a new tax law, or a regulatory change

Full Transcript

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[podcast host] So next, what is a MAC clause?

00:00:03.503 --> 00:00:06.673

A MAC clause is a Material Adverse Change clause.

00:00:06.756 --> 00:00:10.076

It's a change in circumstance that affects a bargain after the deal is signed,

00:00:10.843 --> 00:00:12.512

but before it's been closed.

00:00:12.595 --> 00:00:17.035

Something like an embargo, or a new tax law, or a regulatory change...

Duration

17 seconds

Views

28

Timestamp in Movie

00:19:50

Uploaded

May 05, 2025

Season

1

Episode

1

Genres

Production

Jax Media

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Movie Summary

Centers on Ingrid Yun, an idealistic young lawyer, struggles with her moral compass and her passions as she fights to climb the partner track at an elite New York City law firm.