Evergreen contract definition

Evergreen contract. ’ means a contract for services
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Evergreen contract means an existing contract that automatically renews without any action by the customer.
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Evergreen contract means an existing contract that automatically renews without any action by the consumer.
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Examples of Evergreen contract in a sentence

  • Evergreen contract, the term of this Agreement (the “Term”) shall be for a period of five (5) years, commencing on the Effective Date and renew upon completion of achieving annual goal creating a perpetual agreement in effect.

  • The Initial Term of the contract is: 1 year (amount of time in year[s] and/or months) • The contract is an Evergreen contract: Yes No (Evergreen means the contract automatically renews each anniversary date) • This agreement may be terminated with cause or without cause by GREAT HEALTHCARE or Group with 60 days written notification.

Related to Evergreen contract

  • Evergreen means a contract for a tariff with variable prices, which continues on a rolling basis until it is cancelled by either you or us in accordance with clause 10;

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Motor carrier transportation contract means a contract, agreement, or understanding for any of the following:

  • Evergreen Letter of Credit has the meaning set forth in Section 2.01.

  • Consumer Contract means an agreement between the Retailer and the Consumer that includes the supply of electricity and distribution services;