Define: Contract Year
the period of twelve months starting with the Commencement Date or any anniversary of the Commencement Date during the Contract Term;
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
the period of twelve months starting with the Commencement Date or any anniversary of the Commencement Date during the Contract Term;.
Relevant Circumstances
- When obligations or fee reviews align with rolling 12-month anniversaries
- If KPIs and reporting refresh on each contract-year boundary
- Where renewal calculations track the contract-year cycle