Why do lenders want a material adverse change clause in a commercial loan?

A. It gives the lender the authority to not sign a contract and complete the transaction.

B. It gives the lender the ability to issue a notice of default if they anticipate a decline in profitability

C. It provides a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from performing.

D. The clause typically limit or remove liability for injuries, damages, and losses caused by acts of God.