The MAC provision -
A material adverse change (“MAC”) provision (depending on where or how it is used) typically references a material adverse change in the business, assets, properties, liabilities, operations, condition...more
This article discusses pre-delivery payment—or PDP—financing transactions for aircraft. PDPs are progress payments that a purchaser makes to a manufacturer while new aircraft are being built.
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8/24/2018
/ Aircraft Financing ,
Aviation Industry ,
Bankruptcy Code ,
Chapter 11 ,
Clawbacks ,
Collateral Agreements ,
Lease Financing ,
Lenders ,
Manufacturers ,
Payment Terms ,
Purchase Agreement ,
Special Purpose Entities
In This Issue:
- EU Risk Retention Undertakings in U.S. General Equipment ABS: Evolving Market Practice
- PDP Financing: An Overview
- Tax Reform’s Impact on Transportation Finance Transactions
EU Risk Retention...more
8/22/2018
/ Aircraft Sales ,
Alternative Minimum Tax ,
Bonus Depreciation ,
Capital Requirements Regulation (CRR) ,
Commercial Bankruptcy ,
EBITDA ,
EU ,
Excise Tax ,
Financing ,
Hedging ,
Investors ,
Lenders ,
Manufacturers ,
Purchase Agreement ,
Purchasers ,
Risk Retention ,
Section 1031 Exchange ,
Securitization ,
Special Purpose Entities ,
Tax Reform ,
Transportation Industry