Term, Renewal, Termination and Survival
Most contracts are drafted for the day they are signed and litigated on the day they end, which is why the termination clause and the survival list, drafted in twenty minutes at the end of a long negotiation, carry a disproportionate share of the risk.
- 6 pages
- 40
- Word and PDF
- 14 September 2026
The 3 formats inside
- 1Term, commencement and renewal, clause setalternatives A to DOn its own₹149
- 2Termination, clause set in three posturesconvenience, cause, insolvency, change of controlOn its own₹149
- 3Consequences of termination, transition and survival, clause setthe block staff most often abbreviateOn its own₹149
Read the opening
The first part of “Term, commencement and renewal, clause set”, as it downloads. Blanks are highlighted.
TERM AND RENEWAL
3.1 Commencement. This Agreement takes effect on [Effective Date of the Agreement] (the “Effective Date”), irrespective of the date on which it is executed by either Party, and continues until terminated or until it expires in accordance with this clause 3.
3.2 Prior performance. [Insert only where performance has already begun] The Parties acknowledge that the Supplier has provided services to the Customer since [Date the Supplier began providing services], and agree that those services are deemed to have been provided under and are governed by this Agreement in all respects, including as to the Charges, the warranties, the indemnities and the limitation of liability. Nothing in this clause requires this Agreement to be dated earlier than the date of its execution.
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