Material adverse fact definition

Material adverse fact means an adverse fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party's decision to enter into a contract or agreement concerning a transaction or affects or would affect the party's decision about the terms of such a contract or agreement. An "Adverse Fact" means a condition or occurrence that is generally recognized by a competent licensee as significantly and adversely affecting the value of the property, significantly reducing the structural integrity of improvements to real estate, presenting a significant health risk to occupants of the property, or information that indicates that a party to a transaction is not able to or does not intend to meet his or her obligations under a contract or agreement made concerning the transaction.
Material adverse fact means an adverse fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party’s decision to enter into a contract or agreement concerning a transaction or affects or would affect the party’s decision about the terms of such a contract or agreement.
Material adverse fact means an adverse fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party’s decision to enter into a contract or agreement concerning a transaction, or affects or would affect the party’s decision about the terms of the contract or agreement.

Examples of Material adverse fact in a sentence

  • Definition of Material Adverse Fact : A “Material Adverse Fact” is defined in Wis.


More Definitions of Material adverse fact

Material adverse fact is defined in Wis. Stat. 452.01(5g) as an Adverse Fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party’s decision to enter into a contract or agreement concerning a transaction or affects or would affect the party’s decision about the terms of such a contract or agreement.
Material adverse fact means any of the following:
Material adverse fact. A "Material Adverse Fact" means an Adverse Fact that a party indicates is of such 199 significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, 200 that it affects or would affect the party's decision to enter into a contract or agreement concerning a transaction or affects 201 or would affect the party's decision about the terms of such a contract or agreement. 202 ■ NEGOTIATE THE ACQUISITION OF AN INTEREST IN PROPERTY: "Negotiate the Acquisition of an Interest in 203 Property" means to assist a Client, within the scope of this Agreement, to ascertain terms and conditions upon which an 204 Interest in Property may be acquired, which may include facilitating or participating in the discussions of the terms of a 205 potential contract, completing appropriate contractual forms, presenting either party’s contractual proposal with an 206 explanation of the proposal’s advantages and disadvantages, or otherwise assisting Client in reaching an agreement to 207 acquire the Interest in Property sought by Client.
Material adverse fact means a condition or occur- rence that is generally recognized by a competent home inspec- tor as doing any of the following:
Material adverse fact. A "Material Adverse Fact" means an Adverse Fact that a party indicates is of such significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, that it affects or would affect the party's decision to enter into a contract or agreement concerning a transaction or affects or would affect the party's decision about the terms of such a contract or agreement.
Material adverse fact. A "Material Adverse Fact" means an Adverse Fact that a party indicates is of such 261 significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, 262 that it affects or would affect the party's decision to enter into a contract or agreement concerning a transaction or affects 263 or would affect the party's decision about the terms of such a contract or agreement. 264 ■ NEGOTIATE THE ACQUISITION OF AN INTEREST IN PROPERTY: "Negotiate the Acquisition of an Interest in 265 Property" means to assist a Client, within the scope of this Agreement, to ascertain terms and conditions upon which an 266 Interest in Property may be acquired, facilitate or participate in the discussions of the terms of a potential contract, 267 complete appropriate contractual forms, present either party’s contractual proposal with an explanation of the proposal’s 268 advantages and disadvantages, and/or otherwise assist Client in reaching an agreement to acquire the Interest in 269 Property sought by Client. 270 ■ PERSON ACTING ON BEHALF OF CLIENT: “Person Acting on Behalf of Client" means any person joined in interest 271 with Client, or otherwise acting on behalf of Client, including but not limited to Client’s immediate family, agents, 272 employees, directors, managers, members, officers, owners, partners, incorporators and organizers, as well as any and all 273 corporations, partnerships, limited liability companies, trusts or other entities controlled by, affiliated with or owned by Client 274 in whole or in part whether created before or after expiration of this Agreement.
Material adverse fact means an Adverse Fact that a party indicates is of such 261 significance, or that is generally recognized by a competent licensee as being of such significance to a reasonable party, 262 that it affects or would affect the party's decision to enter into a contract or agreement concerning a transaction or affects 263 or would affect the party's decision about the terms of such a contract or agreement. 264 ■ NEGOTIATE THE ACQUISITION OF AN INTEREST IN PROPERTY: "Negotiate the Acquisition of an Interest in 265 Property" means to assist a Client, within the scope of this Agreement, to ascertain terms and conditions upon which an 266 Interest in Property may be acquired, facilitate or participate in the discussions of the terms of a potential contract, 267 complete appropriate contractual forms, present either party’s contractual proposal with an explanation of the proposal’s 268 advantages and disadvantages, and/or otherwise assist Client in reaching an agreement to acquire the Interest in 269 Property sought by Client. 270 ■ PERSON ACTING ON BEHALF OF CLIENT: “Person Acting on Behalf of Client" means any person joined in interest 271 with Client, or otherwise acting on behalf of Client, including but not limited to Client’s immediate family, agents, 272 employees, directors, managers, members, officers, owners, partners, incorporators and organizers, as well as any and all 273 corporations, partnerships, limited liability companies, trusts or other entities controlled by, affiliated with or owned by Client 274 in whole or in part whether created before or after expiration of this Agreement.