Core contract language · Core

Automatic renewal

Also called: auto-renewal, evergreen renewal

ELI5

Renewal that occurs without a new signature unless a party gives required notice.

Used in conversation

“The draft mentions automatic renewal, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Automatic renewal” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches core contract language.

Why it matters: In core contract language, 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 · 4

Direct term-level sources and supporting source families.