Completion Date Definition
Drafting notes
This is a suggested definition for the term 'completion date', which is a term commonly used in agreements. It will not be appropriate to include the term in every type of agreement, and if it is included, the definition may not be appropriate in the suggested form. Care should be taken when considering how and when to use the suggested definition.
Definition
Completion Date means [the date of this agreement OR the date no later than the [insert number, e.g., third] Business Day after the date on which the last of the Conditions [that creates a positive obligation] is satisfied or waived] [or, if Completion is deferred in accordance with clause[s] [insert number of the clause(s) that allows completion of the agreement to be deferred by a party], the date to which it is deferred];