Define: Then-current
Then-current means the version of an agreement or document utilized at a specific time, including corresponding terms, conditions, and fees
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Then-current means the version of an agreement or document utilized at a specific time, including corresponding terms, conditions, and fees.
Relevant Circumstances
- When pricing or terms can change over the life of an agreement
- If a customer is bound by the latest published version of a policy or rate card
- Where updates to standard terms need a clear mechanism for taking effect