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.
