Applicable Time Clause Samples

The "Applicable Time" clause defines the specific period during which certain terms, obligations, or rights outlined in the agreement are in effect. This clause typically specifies start and end dates, or references triggering events that mark when the relevant provisions become active or expire. For example, it may state that a party’s obligations begin upon contract execution and continue for a set number of years, or until a particular milestone is reached. Its core function is to provide clarity and certainty regarding the temporal scope of contractual responsibilities, thereby preventing disputes over when obligations or rights are enforceable.