A date when a project starts as specified by a contract.
What is Commence date mean?
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 account commence date mean?
Related Definitions
Commencement Date means the first calendar day following Bank Closing.