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foreign [Music] my name is Chloe Snyder Im a partner in Dentons litigation and dispute resolution group in Toronto much of my practices focused on corporate litigation including transactional disputes hi Im Alex Vargas and Im a partner in the corporate group in our Toronto office and I also serve as the co-leader of our national m a group in our recent report the shifting times of cross-border M A dentance together with research provider merger Market surveyed 150 Executives involved involved in cross-border and Global M A to see how these Executives view the marketing and what was clear from the survey results is that deal makers are doubling down on risk mitigation strategies to protect their interests and one area that has received some recent scrutiny relates to the application of material adverse effect Clauses orme Clauses and purchase agreements now Mas are a common Concept in most purchase agreements and theyre usually intended to provide a buyer with the ability to walk a