The Term definition: Copy, customize, and use instantly
Introduction
The term "The Term" refers to the specific word or phrase used to define certain elements within the contract. It serves as a key to identifying particular rights, obligations, or conditions, ensuring clarity and precision in the agreement.
Below are various examples of how "The Term" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "The Term" as a General Reference
This definition ties "The Term" to its use as a general reference to any specific provision within the contract.
"The Term" means the defined word or phrase used throughout this agreement to represent a particular provision, condition, or obligation within the contract.
Definition of "The Term" as a Specific Clause Reference
This definition connects "The Term" to its use when referring to a particular clause or section within the agreement.
"The Term" refers to any clause or section in this contract that is specifically identified and defined for the purposes of this agreement.
Definition of "The Term" as a Time Period
This definition links "The Term" to a specific time period, such as the duration of the agreement or the length of obligations.
"The Term" means the time period during which this agreement is in effect, as specified in Section [X], beginning on [date] and ending on [date].
Definition of "The Term" as a Period of Service
This definition applies "The Term" to the length of time services will be provided under the contract.
"The Term" refers to the period during which services will be provided under this agreement, starting on [date] and ending on [date], unless otherwise extended or terminated.
Definition of "The Term" as Duration of Payment
This definition ties "The Term" to the duration for which payments will be made under the agreement.
"The Term" means the period over which payments are due, as outlined in Section [X], starting on [date] and continuing until the full payment is made.
Definition of "The Term" as an Initial Period
This definition connects "The Term" to the initial time period, such as the beginning phase of an agreement.
"The Term" refers to the initial period of the agreement, which commences on [date] and lasts for [X] months, unless extended or terminated earlier.
Definition of "The Term" as Notice Period
This definition links "The Term" to the notice period required to terminate or modify the agreement.
"The Term" means the notice period, as specified in Section [X], which must be given prior to any action being taken under this agreement, and shall last for [X] days.
Definition of "The Term" as a Period of Exclusivity
This definition applies "The Term" to the exclusive period during which certain rights are granted to one party.
"The Term" refers to the exclusive period during which [Party A] has the exclusive right to [describe rights], as detailed in Section [X], starting on [date].
Definition of "The Term" as a Reporting Period
This definition ties "The Term" to a specific period for submitting reports or deliverables.
"The Term" means the reporting period during which the parties are required to submit reports or updates, beginning on [date] and concluding on [date].
Definition of "The Term" as License Duration
This definition connects "The Term" to the duration of a license granted in the agreement.
"The Term" refers to the period during which the license granted under this agreement is valid, beginning on [date] and expiring on [date], unless extended by mutual agreement.
Definition of "The Term" as Renewable Period
This definition applies "The Term" to a renewable period within the contract, subject to renewal under certain conditions.
"The Term" means the renewable period under which the agreement will remain in effect, starting on [date], with automatic renewals every [X] months unless terminated in accordance with Section [X].
Definition of "The Term" as Termination Condition
This definition links "The Term" to the specific conditions under which the agreement may be terminated.
"The Term" refers to the condition that must be met in order for either party to terminate the agreement, as detailed in Section [X].
Definition of "The Term" as Period for Deliverables
This definition ties "The Term" to a specific period for the delivery of goods or services.
"The Term" means the period during which all deliverables are expected to be completed and delivered, starting on [date] and concluding on [date].
Definition of "The Term" as Project Duration
This definition connects "The Term" to the duration of a project or work being completed.
"The Term" refers to the time frame within which the project or work described in this agreement must be completed, from [start date] to [end date].
Definition of "The Term" as Agreement Duration
This definition applies "The Term" to the overall duration of the contract itself.
"The Term" means the duration of this agreement, which begins on [date] and ends on [date], unless extended or terminated in accordance with the provisions of the contract.
Definition of "The Term" as License Agreement Duration
This definition ties "The Term" to the duration of a software or intellectual property license agreement.
"The Term" refers to the duration of the software license granted, which is [X] years, starting on [date] and expiring on [date], subject to renewal.
Definition of "The Term" as Default Period
This definition links "The Term" to a default period in the event no other specific period is agreed upon.
"The Term" means the default period, which shall apply to this agreement unless a different period is specifically agreed upon in writing by both parties, and shall last for [X] months.
Definition of "The Term" as Payment Schedule Period
This definition applies "The Term" to a specific payment schedule or installment period.
"The Term" refers to the payment schedule period for the installment payments, beginning on [date] and ending on [date], with payments due every [X] days.
Definition of "The Term" as Interim Period
This definition connects "The Term" to an interim period, often between certain stages of an agreement.
"The Term" refers to the interim period, which begins after [event or milestone] and continues until [event or milestone], lasting for [X] days.
Definition of "The Term" as Initial Payment Period
This definition ties "The Term" to the period during which an initial payment is required.
"The Term" means the period during which the initial payment must be made, starting from [date] and concluding on [date].
Definition of "The Term" as Employment Period
This definition applies "The Term" to the length of time an individual is employed under the contract.
"The Term" refers to the employment period, beginning on [date] and ending on [date], unless terminated earlier under the conditions set forth in Section [X].
Definition of "The Term" as Period of Use
This definition connects "The Term" to the period during which something can be used under the agreement.
"The Term" means the period during which the user is authorized to use the product or service, starting on [date] and expiring on [date].
Definition of "The Term" as Grant Period
This definition ties "The Term" to the period during which a grant is provided.
"The Term" refers to the grant period during which the recipient must fulfill all obligations set forth in the agreement, beginning on [date] and ending on [date].
Definition of "The Term" as Timeframe for Actions
This definition ties "The Term" to the specific period for completing actions under the agreement.
"The Term" refers to the timeframe within which the actions specified in this agreement must be completed, starting on [date] and concluding on [date].
Definition of "The Term" as Performance Period
This definition connects "The Term" to the period for completing performance obligations.
"The Term" refers to the performance period during which the contracted services or deliverables must be completed, beginning on [date] and ending on [date].
Definition of "The Term" as Subscription Period
This definition links "The Term" to the subscription period during which services are accessible.
"The Term" is the subscription period that grants access to services, starting on [date] and ending on [date].
Definition of "The Term" as Duration of Obligation
This definition applies "The Term" to the time period during which the parties have specific obligations.
"The Term" represents the duration during which either party is obligated to fulfill specific responsibilities or duties as outlined in this agreement.
Definition of "The Term" as Warranty Period
This definition ties "The Term" to the period of the warranty offered by the provider.
"The Term" is the warranty period during which the provider guarantees the quality of the product or service, starting on [date] and ending on [date].
Definition of "The Term" as Term of Agreement
This definition connects "The Term" to the overall term of the agreement.
"The Term" refers to the overall term of the agreement, including all rights, duties, and obligations, which begins on [date] and ends on [date].
Definition of "The Term" as Temporary Agreement Period
This definition applies "The Term" to the temporary duration of the agreement.
"The Term" is the temporary period of the agreement, lasting from [date] to [date], after which the agreement will either expire or be subject to renewal.
Definition of "The Term" as Trial Period
This definition links "The Term" to the trial period during which the contract terms are tested.
"The Term" refers to the trial period during which the terms of the contract are tested, starting on [date] and ending on [date].
Definition of "The Term" as Notification Period
This definition connects "The Term" to the period required for notifying the other party of contract termination.
"The Term" is the notification period required for the party wishing to terminate the agreement, which is [X] days as stated in Section [X].
Definition of "The Term" as Exclusivity Period
This definition ties "The Term" to the exclusivity period where one party has exclusive rights.
"The Term" refers to the exclusivity period during which the supplier has exclusive rights to deliver goods or services, from [date] to [date].
Definition of "The Term" as Deferral Period
This definition links "The Term" to the period for deferring the start date of the agreement.
"The Term" is the deferral period, allowing the agreement’s effective start date to be postponed until [date].
Definition of "The Term" as Maintenance Period
This definition applies "The Term" to the period during which maintenance is provided.
"The Term" refers to the maintenance period during which maintenance services are provided, starting on [date] and ending on [date].
Definition of "The Term" as Cooling-off Period
This definition ties "The Term" to the cooling-off period for canceling the agreement.
"The Term" is the cooling-off period, within which either party may cancel the agreement without penalty, from [date] to [date].
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.