Examples of Purchaser MAE in a sentence
No authorization, approval, permit, license or other action by, and no notice to or filing with, any governmental entity is required for the due execution, delivery and performance by Purchaser of this Agreement or any other document to be delivered hereunder, except to the extent the failure to obtain any authorization, approval or other action, or to make any notice or filing would not reasonably be expected to result in a Purchaser MAE.
The execution, delivery and performance by Purchaser of this Agreement and each other document to be delivered by Purchaser hereunder does not contravene any law, rule or regulation applicable to Purchaser, except to the extent such contravention would not reasonably be expected to result in a Purchaser MAE.
There shall have been no Purchaser MAE with respect to such Purchaser.
The alternative, to say that “industries” is there to cover the fact that two companies are in focus, can logically not be right because the word “industries” is also used in the Purchaser MAE clause.
Of course eNett and Optal in fact at the time had almost no other business, but the same wording is used in the Purchaser MAE clause – and in that context taking WEX's business “as a whole” would certainly encompass looking at more than one sector.