This agreement shall commence on definition and meaning refers to the date when an agreement will start, and will become legally binding. It is important for both parties that take part in the agreement to note this date as it marks the beginning of their contractual relationship. Below are some relevant FAQs about this definition and meaning.
Table Of Content:
- Commence | Definition of Commence by Merriam-Webster
- Commencement Date Definition: 19k Samples | Law Insider
- legal texts - Marrakesh agreement - WTO
- 2021 Arbitration Rules - ICC - International Chamber of Commerce
- legal texts - Marrakesh Agreement - WTO
- What Does “Effective Date” Mean in a Contract? - LawDepot Blog
- Sample Construction Contract
- Vienna Convention Law Treaties
- AWS Customer Agreement
- Term of a contract clause: Duration and Effective Dates of Contracts
1. Commence | Definition of Commence by Merriam-Webster
https://www.merriam-webster.com/dictionary/commence
4 days ago ... Commence definition is - to enter upon : begin. How to use commence in a ... Britannica English: Translation of commence for Arabic Speakers.
2. Commencement Date Definition: 19k Samples | Law Insider
https://www.lawinsider.com/dictionary/commencement-date
Define Commencement Date. means the date of the Contract. ... Each Contract shall commence on its Commencement Date and shall remain in effect for any ...
3. legal texts - Marrakesh agreement - WTO
https://www.wto.org/english/docs_e/legal_e/04-wto_e.htm
The World Trade Organization (hereinafter referred to as “the WTO”) is hereby established. back to top. Article II Scope of the WTO. 1. The WTO shall provide ...
4. 2021 Arbitration Rules - ICC - International Chamber of Commerce
https://iccwbo.org/dispute-resolution-services/arbitration/rules-of-arbitration/
They define and regulate the management of cases received by the International ... the period of time shall commence on the first following business day.
5. legal texts - Marrakesh Agreement - WTO
https://www.wto.org/english/docs_e/legal_e/17-tbt_e.htm
1.1 General terms for standardization and procedures for assessment of conformity shall normally have the meaning given to them by definitions adopted ...
6. What Does “Effective Date” Mean in a Contract? - LawDepot Blog
https://www.lawdepot.com/blog/what-does-effective-date-mean-in-a-contract/
Sep 10, 2020 ... This date cannot precede the execution date, meaning a contract ... What is the difference between effective date and commencement date?
7. Sample Construction Contract
https://www.montrosecounty.net/DocumentCenter/View/823/Sample-Construction-Contract
2.1 The Work to be performed under this Contract shall be commenced upon receipt ... OR will not be responsible for construction means, methods, techniques,.
8. Vienna Convention Law Treaties
https://www.oas.org/legal/english/docs/Vienna%20Convention%20Treaties.htm
Recognizing the ever-increasing importance of treaties as a source of ... The amending agreement does not bind any State already a party to the treaty which ...
9. AWS Customer Agreement
https://aws.amazon.com/agreement/
Nov 30, 2020 ... The term of this Agreement will commence on the Effective Date and ... If we provide a translation of the English language version of this ...
10. Term of a contract clause: Duration and Effective Dates of Contracts
https://hallellis.co.uk/term-contract-clause-duration/
In English law, the term of a contract is its duration: the amount of time that the ... The Agreement shall commence on [date | the date of this Agreement], ...
What does “commencement on” mean?
This term indicates the exact moment when an agreement comes into force and takes effect, creating legal obligations between the parties that have come to a contract.
Is "commencement on" different from signing a contract?
Yes, they are two distinct steps in a contracting process. Signing a contract denotes an acceptance of all its conditions whereas commencement on is the actual moment when it all becomes legally binding.
When should I indicate “commencement on” in a contract?
It should be indicated right at the beginning of any contractual document so that both parties can ensure that they agree with this date and become aware of when their mutual responsibilities kick in.
Can I change my commencement on date after agreeing to it?
No, not without getting consent from the other party involved in the contract. Changing this date without properly informing everybody involved may result in legal implications down the line so make sure you get consent from everyone before making any changes.
How can I make sure my “commencement on” dates remain valid?
Ensure that all documents related to your contract are properly filed away and securely stored for future reference so you can easily look them up if necessary. Additionally, do not enter into any agreements with uncertain terms or phrases as it could invalidate your contractual provisions and create ambiguities in your commencement dates.
Conclusion:
From this discussion we can conclude that understanding clearly what "This agreement shall commence on" means is important as it marks a specific date which has serious legal implications attached to it for both parties involved in an association or transaction coming together under one roof provided by this particular term mentioned above. Remembering these five FAQs will help provide added clarity whenever tackling any contracts involving such clauses.