EFFECTIVE/EXPIRATION DATE Sample Clauses

The Effective/Expiration Date clause establishes the specific dates when an agreement begins and when it ends. In practice, this clause identifies the exact calendar date on which the contract’s terms become legally binding and the date on which the contract automatically terminates unless renewed or extended. By clearly defining the start and end points of the contractual relationship, this clause ensures both parties are aware of the period during which their rights and obligations apply, thereby preventing confusion or disputes over the contract’s duration.