For a buy-side banker advising its client, all of the following changes to contractual items might make its client's offer more appealing to the target EXCEPT

For a buy-side banker advising its client, all of the following changes to contractual items might make its client's offer more appealing to the target EXCEPT




A) Decreasing break-up fee
B) Broadening the Material Adverse Effect (MAE) provision in the Definitive Agreement
C) Loosening target covenants
D) Decreasing indemnification rights










Answer: B