As for JetBlue and Spirit, renegotiating the purchase price would not be easy. Analysts think JetBlue could cite the "material adverse effect" clause in the merger agreement. But Baker noted that "very few buyers are able to invoke the [material adverse effect] get out of jail card easily." Spirit leadership and the airline's board would certainly try to hold JetBlue to the original terms, even if only for the benefit of the discounter's shareholders.