Commercial terms & deal structure · Core

Auto-renewal

Also called: evergreen renewal

ELI5

Automatic contract renewal unless notice is given within the required period.

Used in conversation

“Can we state who receives the right created by auto-renewal, and when it applies?”

Pitch context

You will see “Auto-renewal” in go-to-market plans, sales forecasts, account reviews and commercial proposals when the discussion reaches commercial terms & deal structure.

Why it matters: In commercial terms & deal structure, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

Sources & evidence · 3

Direct term-level sources and supporting source families.