On the Commencement Date?

The commencement date is the date that a lease begins. In other words, the lease is commencing on this specific date. This is the day that the tenant takes possession of the rented property. Typically, a tenant's move-in date coincides with the commencement date.

What does commencement date mean?

If you want to define commencement date, it is a specific date when something is set to take place, such as a commercial construction project. ... Most project schedules will also include an occupancy date, which is the date the project is supposed to be completed.

What is commencement date in agreement?

Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor. ... Commencement Date of the Contract means the date on which the signature of both purchaser and the contractor are affixed to the written contract.