TOTAL CONTRACT PERIOD Sample Clauses

The "Total Contract Period" clause defines the overall duration for which the contract remains in effect. It specifies the start and end dates of the agreement, outlining the timeframe during which both parties are obligated to fulfill their contractual duties. For example, this clause may state that the contract is valid for two years from the date of signing, or until a specific project milestone is achieved. Its core practical function is to provide clear temporal boundaries for the contract, ensuring both parties understand when their rights and obligations begin and end, thereby preventing disputes over the contract's validity period.
TOTAL CONTRACT PERIOD. Without prejudice to Articles 35 and 36 of the General Conditions: 3.1. The Total Contract Period shall commence on the Effective Date of the Contract and end sixty (60) Gregorian months after the Effective Date but in no event expire before Final Acceptance of the last part of any Works supplied under this Contract. The Effective Date shall be the date of the first Site Hand Over.

Related to TOTAL CONTRACT PERIOD

  • CONTRACT PERIOD “Contract Period” shall mean the period commencing the day immediately preceding a Change in Control and ending on the earlier of (i) the first anniversary of the Change in Control or (ii) the date the Executive would attain age 65 or (iii) the death of the Executive. For the purpose of this Agreement, a Change in Control shall be deemed to have occurred at the date specified in the definition of Change-in-Control.

  • Extension of Initial Contract Period 31.1 Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice. The provisions of the Contract will apply (subject to any Variation or adjustment to the Contract Price pursuant to clause 13) throughout any such extended period.

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Initial Contract Term The Initial Contract Term shall be for two years. The Initial Contract Term shall begin on October 1, 2021, or on the last date the Contract is signed by all Parties, whichever is later. The Contract shall expire on October 1, 2023, unless terminated earlier in accordance with the Special Contract Conditions or Additional Special Contract Conditions.

  • Contract Period and Renewal The Contract is effective on the signature date of the latter of the Parties to sign this agreement and terminates on June 30, 2023, unless renewed, extended, or terminated pursuant to the terms and conditions of the Contract. The Parties may extend this Contract subject to mutually agreeable terms and conditions.