Contract Anniversary Date Clause Samples
The Contract Anniversary Date clause defines the specific date each year that marks the anniversary of when the contract originally became effective. This date is often used as a reference point for calculating annual obligations, renewals, or adjustments such as price changes or performance reviews. By establishing a clear and consistent anniversary date, the clause ensures both parties have a mutual understanding of key timelines, reducing confusion and helping to coordinate contract-related activities.
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Contract Anniversary Date. Period commencing on the Effective Date and ending one year later and for each year in the Term thereafter.
Contract Anniversary Date the day following the last day of the initial term or any renewal term of this Agreement.
Contract Anniversary Date. The annual anniversary of the Contract Effective Date for every year this Contract is in force. Contract Effective Date - The date the Contract goes into effect. Contract Year and Contract Anniversaries are computed from the Contract Effective Date. Contract Year - Each period of twelve (12) months beginning on the Contract Effective Date and ending on each Contract Anniversary Date.