Roll forward provisions Clause Samples

A roll forward provision allows certain rights, obligations, or financial figures to be carried over from one period to the next within a contract or agreement. In practice, this means that if a party is unable to use or fulfill a specific entitlement, such as a financial allowance or a performance milestone, within the original timeframe, the unused portion can be added to the subsequent period. This clause is commonly used in financial reporting, lease agreements, or service contracts to provide flexibility and ensure that parties are not penalized for timing issues, ultimately helping to smooth out fluctuations and promote fairness over the contract's duration.