Define: Contract Term
a period of ten (10) years from the Commencement Date, plus any Extended Contract Period under clause 2.2;
a period of ten (10) years from the Commencement Date, plus any Extended Contract Period under clause 2.2;.
Relevant Circumstances
- When a contract runs for an initial ten-year period plus extensions
- If extension or renewal mechanics are triggered before contract expiry
- Where the contract term determines long-stop dates for performance