Commencement Date definition: Copy, customize, and use instantly
Introduction
The term "Commencement Date" refers to the specific date when the obligations under a contract officially begin. It is essential for defining the timeline of the agreement and ensuring that both parties understand when their rights and duties take effect.
Below are various examples of how "Commencement Date" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Commencement Date" as the effective starting point
This definition ties "Commencement Date" to the effective starting point of the agreement.
"Commencement Date" means the date on which the contract becomes effective, and the parties’ respective rights and obligations begin under the terms of the agreement.
Definition of "Commencement Date" as the agreed-upon date of initiation
This definition connects "Commencement Date" to the agreed-upon initiation date.
"Commencement Date" refers to the specific date agreed upon by both parties to begin the performance of all contractual duties and obligations.
Definition of "Commencement Date" as the date set forth in the contract
This definition links "Commencement Date" to the specified date in the contract.
"Commencement Date" means the date specified in the contract as the date on which the contractual obligations of both parties shall begin.
Definition of "Commencement Date" as the trigger for performance
This definition applies "Commencement Date" to the trigger for performance.
"Commencement Date" refers to the date on which the contractual obligations of the parties are triggered, marking the official start of the agreement.
Definition of "Commencement Date" as when conditions precedent are satisfied
This definition ties "Commencement Date" to the satisfaction of conditions precedent.
"Commencement Date" means the date on which all conditions precedent to the contract’s effectiveness have been met, and the parties are legally bound to perform their obligations.
Definition of "Commencement Date" as the first date of performance
This definition connects "Commencement Date" to the first date of contract performance.
"Commencement Date" refers to the first date on which the parties begin to perform their duties and obligations under the terms of the contract.
Definition of "Commencement Date" as the formal start of the agreement
This definition links "Commencement Date" to the formal start of the agreement.
"Commencement Date" means the date on which the agreement formally takes effect, as agreed by the parties, marking the initiation of all relevant actions and responsibilities.
Definition of "Commencement Date" as the date following execution
This definition applies "Commencement Date" to the date after execution.
"Commencement Date" refers to the date that follows the execution of the contract, provided both parties have signed and agreed to the terms.
Definition of "Commencement Date" as the date of fulfillment of a condition
This definition ties "Commencement Date" to the fulfillment of a condition.
"Commencement Date" means the date on which the specified condition or event, necessary to trigger the start of the contract, has been satisfied.
Definition of "Commencement Date" as the date when notice is given
This definition connects "Commencement Date" to notice.
"Commencement Date" refers to the date on which written notice of the contract’s effectiveness is delivered to the parties involved.
Definition of "Commencement Date" as the date of formal notification
This definition links "Commencement Date" to formal notification.
"Commencement Date" means the date on which formal notification is provided to all relevant parties, signifying the initiation of the contract.
Definition of "Commencement Date" as a specified date in the agreement
This definition applies "Commencement Date" to a specific contractual date.
"Commencement Date" refers to the exact date specified in the agreement as the start of the contractual obligations.
Definition of "Commencement Date" as the date parties mutually agree
This definition ties "Commencement Date" to mutual agreement.
"Commencement Date" means the date mutually agreed upon by both parties as the point at which they begin their performance under the contract.
Definition of "Commencement Date" as the date of regulatory approval
This definition connects "Commencement Date" to regulatory approval.
"Commencement Date" refers to the date upon which all necessary regulatory approvals are obtained, allowing the contract to be deemed effective.
Definition of "Commencement Date" as the beginning of the contract’s duration
This definition links "Commencement Date" to the duration of the contract.
"Commencement Date" means the first day of the period during which the contract’s obligations will be in effect, marking the start of its duration.
Definition of "Commencement Date" as the first day of a specified term
This definition applies "Commencement Date" to a specified term.
"Commencement Date" refers to the first day of the term specified in the contract, when the rights and obligations of the parties come into effect.
Definition of "Commencement Date" as the effective date subject to fulfillment
This definition ties "Commencement Date" to fulfillment of conditions.
"Commencement Date" means the effective date of the contract, which is contingent on the fulfillment of specific conditions precedent as outlined in the agreement.
Definition of "Commencement Date" as the date of confirmation
This definition connects "Commencement Date" to confirmation.
"Commencement Date" refers to the date on which the contract is confirmed as being valid and binding, marking the official start of obligations for both parties.
Definition of "Commencement Date" as determined by mutual consent
This definition links "Commencement Date" to mutual consent.
"Commencement Date" means the date determined by mutual consent of the parties, marking the official start of the contract’s terms and conditions.
Definition of "Commencement Date" as the first day after signing
This definition ties "Commencement Date" to the signing of the contract.
"Commencement Date" means the first day following the execution of the contract by both parties, marking the start of all obligations and rights.
Definition of "Commencement Date" as the date of acceptance
This definition connects "Commencement Date" to acceptance.
"Commencement Date" refers to the date on which the contract is formally accepted by both parties, establishing the effective start date for the agreement.
Definition of "Commencement Date" as the date specified in the schedule
This definition links "Commencement Date" to a schedule.
"Commencement Date" means the date indicated in the agreed-upon schedule for the beginning of the contract’s performance, as outlined by the parties.
Definition of "Commencement Date" as when all prerequisites are met
This definition ties "Commencement Date" to prerequisite fulfillment.
"Commencement Date" refers to the date when all preconditions or prerequisites for the contract have been met, triggering the official start of the agreement.
Definition of "Commencement Date" as the date of initiation
This definition connects "Commencement Date" to the initiation of work or services.
"Commencement Date" means the date on which the actual initiation of the contract’s terms and conditions begins, either through work commencement or service provision.
Definition of "Commencement Date" as the date of notice delivery
This definition applies "Commencement Date" to notice delivery.
"Commencement Date" refers to the date upon which a notice of commencement is delivered to all relevant parties, marking the official start of the contract.
Definition of "Commencement Date" as when the agreement becomes enforceable
This definition links "Commencement Date" to enforceability.
"Commencement Date" means the date when the agreement becomes legally enforceable and the parties' obligations commence.
Definition of "Commencement Date" as the conclusion of preliminary conditions
This definition ties "Commencement Date" to the conclusion of preliminary conditions.
"Commencement Date" refers to the date on which all preliminary conditions have been concluded, allowing the formal commencement of the contract.
Definition of "Commencement Date" as when payment is received
This definition connects "Commencement Date" to payment receipt.
"Commencement Date" means the date on which the initial payment or deposit required under the agreement is received by the contracting party, thereby marking the start of the contract.
Definition of "Commencement Date" as the first date of performance obligations
This definition links "Commencement Date" to performance obligations.
"Commencement Date" refers to the first date on which the parties begin to fulfill their performance obligations under the terms of the contract.
Definition of "Commencement Date" as the initiation of specified actions
This definition applies "Commencement Date" to the initiation of actions.
"Commencement Date" means the date on which specified actions or processes outlined in the contract are first initiated, setting the timeline for the entire agreement.
Definition of "Commencement Date" as the date of approval by the board
This definition ties "Commencement Date" to approval.
"Commencement Date" refers to the date on which the contract is formally approved by the board or governing body of the party, marking the start of the contract’s effectiveness.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.