Common use of Term and Commencement Date Clause in Contracts

Term and Commencement Date. 1.01 The initial term of this Agreement is one (1) year (the “Initial Term”); provided, however, that if the Commencement Date (hereinafter defined) occurs on a date other than the first day of a calendar month, the Initial Term shall be extended by that partial month from the Commencement Date to the first day of the following calendar month.

Appears in 2 contracts

Samples: Staff Services Agreement, Staff Services Agreement

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Term and Commencement Date. 1.01 3.01 The initial term of this Agreement is one (1) year (the “Initial Term”); provided, however, that if the Commencement Date (hereinafter defined) occurs on a date other than the first day of a calendar month, the Initial Term shall be extended by that partial month from the Commencement Date to the first day of the following calendar month.

Appears in 2 contracts

Samples: Office and Staff Services Agreement, Office and Staff Services Agreement

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