Stanley is correct in the explanation of effective date. ------------------------------ Nicole Keefe SVP, Enterprise Risk Manager Risk Management Department 445 Pine Avenue, Goleta, CA 93117 Office Phone: 805-690-3255 | Cell Phone: 805-452-0379 ...
Some prefer to use language such as "as of the date of the last signature" to avoid confusion.
Stanley, Agreed on that point. the contract should have an effective date defined in the content of the contract, and best practice would have review and signatures occur before initiation of services to avoid any confusion.
Hi, I do not believe you are correct. If the contract has an effective date, say January 1, even if one party signs January 10 and the other signs January 20, the contract obligations took effect on January 1, that being the effective date. ...
Just my experience: an MSA is often written with an "effective date" defined in the contract, i.e. wording such as "...this MSA is effective as of 05/31/2024..." in which case the effective date of contract would be that date, regardless of ...
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