Example ContractsClausesinitial term commitmentVariants
Initial Term Commitment
Initial Term Commitment contract clause examples

Initial Term. The initial term of this Lease shall be for ten (10) years, commencing on September 9, 2020 (the “Commencement Date”) and ending at midnight on September 30, 2030 (the “Initial Term”). The Initial Term, as extended by any Extension Term (as hereinafter defined), is referred to herein as the “Term”.

Source document

Initial Term. The lease of the Premises shall commence on the Lease Commencement Date and shall be for a period of 10 (ten) years thereafter (the “Initial Term”).

Source document

Initial Term. The lease of the Premises shall commence on the Lease Commencement Date and shall be for a period of 10 (ten) years thereafter (the “Initial Term”).

Source document

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.