Common use of Term of Contract; Interim Period Clause in Contracts

Term of Contract; Interim Period. Subject to the following sentence, the term of this Contract shall be <contract term in years> years measured beginning with the Commencement Date. Nonetheless, the Contract shall be effective and binding upon the parties immediately upon its execution, and the period from contract execution until the Commencement Date shall be known as the "Interim Period". All energy savings achieved during the interim period will be fully credited to Agency.

Term of Contract; Interim Period. Subject to the following sentence, the term of this Contract Agreement shall be <contract term in years> 12 years measured beginning with the Commencement Date. Nonetheless, the Contract Agreement shall be effective and binding upon the parties immediately upon its execution, and the . The period from contract execution until the Commencement Date shall be known as the "Interim Period". All energy Energy savings achieved during the interim period will be fully credited to Agency.the ISSUERCUSTOMER. (OPTIONAL)

Term of Contract; Interim Period. Subject to the following sentence, the term of this Contract Agreement shall be <contract term in years> (insert term) years measured beginning with the Commencement Date. Nonetheless, the Contract Agreement shall be effective and binding upon the parties immediately upon its execution, and the period from contract execution until the Commencement Date shall be known as the "Interim Period". All energy savings achieved during the interim period will be fully credited to Agencythe CUSTOMER (but may be negotiated).

Term of Contract; Interim Period. Subject to the following sentence, the term of this Contract Agreement shall be <contract term in years> ten (20) years measured beginning with the Commencement Date. Nonetheless, the Contract Agreement shall be effective and binding upon the parties immediately upon its execution, and the period from contract execution until the Commencement Date shall be known as the "Interim Period". All energy savings achieved during the interim period will be fully credited to Agencythe INSTITUTION (may be negotiated).

Term of Contract; Interim Period. Subject Contract shall be subject to the following sentence, ; the term of this Contract shall be <contract term in years> _TBD years measured beginning with the Commencement Date. Nonetheless, the The Contract shall be effective and binding upon the parties immediately upon its execution, and the period from contract execution until the Commencement Date shall be known as the "Interim Period". All energy savings achieved during the interim period will be fully credited to Agencythe Department.