Completion definition: Copy, customize, and use instantly
Introduction
The term "Completion" refers to the finalization of a process, transaction, or obligation as specified in a contract. It is essential for defining the point at which contractual duties are fulfilled, rights are transferred, or obligations are met.
Below are various examples of how "Completion" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Completion" as fulfillment of contractual obligations
This definition ties "Completion" to the performance of all required duties.
"Completion" means the full execution of all obligations under this agreement, including delivery, payment, and acceptance.
Definition of "Completion" as finalization of a transaction
This definition links "Completion" to the closing of a financial or business transaction.
"Completion" refers to the point at which all conditions precedent are satisfied, and ownership, payment, or rights transfer is finalized.
Definition of "Completion" as project Completion
This definition connects "Completion" to the finishing of a specific project.
"Completion" means the satisfactory fulfillment of all work, including testing, inspection, and approval, as specified in the project agreement.
Definition of "Completion" as regulatory approval
This definition applies "Completion" to obtaining necessary regulatory clearances.
"Completion" refers to the point at which all required governmental or regulatory approvals have been obtained and are in full force.
Definition of "Completion" as construction project Completion
This definition ties "Completion" to finishing construction work.
"Completion" means the point at which construction work is finished, certified, and ready for use or occupancy.
Definition of "Completion" as software or system implementation
This definition links "Completion" to the deployment of technology.
"Completion" refers to the successful installation, configuration, and operational readiness of the software or system.
Definition of "Completion" as contract termination upon fulfillment
This definition connects "Completion" to the natural end of an agreement.
"Completion" means the full and final execution of all obligations, leading to the automatic termination of the agreement.
Definition of "Completion" as financial settlement
This definition applies "Completion" to the fulfillment of financial obligations.
"Completion" refers to the point at which all payments, reconciliations, and financial commitments are settled.
Definition of "Completion" as delivery fulfillment
This definition ties "Completion" to meeting delivery requirements.
"Completion" means the full and final delivery of goods or services in accordance with contractual terms.
Definition of "Completion" as merger or acquisition closing
This definition links "Completion" to business combinations.
"Completion" refers to the successful closing of a merger, acquisition, or similar corporate transaction.
Definition of "Completion" as transfer of assets
This definition connects "Completion" to asset ownership transfer.
"Completion" means the moment at which title, possession, and rights to the asset are transferred in full.
Definition of "Completion" as final certification
This definition applies "Completion" to formal verification.
"Completion" refers to the issuance of final certificates or approvals confirming all work or requirements are fulfilled.
Definition of "Completion" as commissioning of equipment
This definition ties "Completion" to operational readiness.
"Completion" means the point at which equipment is fully installed, tested, and deemed ready for operational use.
Definition of "Completion" as research and development finalization
This definition links "Completion" to product or research milestones.
"Completion" refers to the successful conclusion of research, testing, and approval of a product or technology.
Definition of "Completion" as performance milestone achievement
This definition connects "Completion" to meeting key objectives.
"Completion" means the attainment of specified performance benchmarks, as agreed upon in the contract.
Definition of "Completion" as due diligence finalization
This definition applies "Completion" to verification processes.
"Completion" refers to the conclusion of all due diligence activities and the satisfaction of all related conditions.
Definition of "Completion" as environmental compliance
This definition ties "Completion" to regulatory fulfillment.
"Completion" means achieving full compliance with all applicable environmental laws, permits, and requirements.
Definition of "Completion" as intellectual property assignment
This definition links "Completion" to the legal transfer of IP rights.
"Completion" refers to the final assignment, registration, and confirmation of intellectual property rights.
Definition of "Completion" as training program finalization
This definition connects "Completion" to educational milestones.
"Completion" means the successful Completion of training, including assessments, certifications, and approvals.
Definition of "Completion" as final handover of a contract
This definition applies "Completion" to the closure of contractual arrangements.
"Completion" refers to the final submission and acceptance of all deliverables under the contract.
Definition of "Completion" as legal case resolution
This definition ties "Completion" to judicial or arbitration outcomes.
"Completion" means the final resolution of legal proceedings, including judgments, settlements, or dismissals.
Definition of "Completion" as fulfillment of investment commitments
This definition links "Completion" to capital investments.
"Completion" refers to the full disbursement, allocation, or deployment of investment funds as required.
Definition of "Completion" as testing and quality assurance finalization
This definition connects "Completion" to quality control.
"Completion" means the successful Completion of testing, validation, and quality assurance processes.
Definition of "Completion" as certification and accreditation
This definition applies "Completion" to official recognition.
"Completion" refers to the point at which all accreditation or certification requirements are met.
Definition of "Completion" as manufacturing cycle finalization
This definition ties "Completion" to production processes.
"Completion" means the finalization of the manufacturing process, including inspection and approval.
Definition of "Completion" as fulfillment of government contract requirements
This definition links "Completion" to public sector contracts.
"Completion" refers to the successful execution of obligations under a government contract.
Definition of "Completion" as achievement of contractual KPIs
This definition connects "Completion" to performance metrics.
"Completion" means meeting all key performance indicators (KPIs) specified in the agreement.
Definition of "Completion" as fulfillment of warranty obligations
This definition applies "Completion" to warranty commitments.
"Completion" refers to the full satisfaction of warranty-related repairs, replacements, or services.
Definition of "Completion" as property development finalization
This definition ties "Completion" to real estate projects.
"Completion" means the point at which construction and finishing works are completed and certified for occupancy.
Definition of "Completion" as employee probation period conclusion
This definition links "Completion" to HR processes.
"Completion" refers to the successful fulfillment of an employee's probationary period.
Definition of "Completion" as insurance claim resolution
This definition connects "Completion" to the settlement of insurance matters.
"Completion" means the final settlement or payout of an insurance claim.
Definition of "Completion" as fulfillment of lease obligations
This definition applies "Completion" to rental agreements.
"Completion" refers to the point at which all lease terms, including payments and property conditions, are fulfilled.
Definition of "Completion" as logistics and supply chain finalization
This definition ties "Completion" to goods and service deliveries.
"Completion" means the point at which all logistics and supply chain activities are fully executed.
Definition of "Completion" as medical trial conclusion
This definition links "Completion" to pharmaceutical research.
"Completion" refers to the finalization of a clinical trial, including data analysis and regulatory approvals.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.