Evergreen

A contract provision that automatically renews the length of the agreement after a predetermined period, unless notice for termination is given. Evergreens are often used for long term agreements such as memberships or maintenance contracts.

An evergreen is renewed after a short period, which is agreed upon by the parties at the outset of the contract. Let's use a year-long evergreen contract with a monthly renewal as an example. This contract will last one year from the beginning month. After the first month, if no termination notice is given, then contract will extend to last a year from that period and so on. Once termination is given, the contract would live out the rest the year and not be renewed again.


Investment dictionary. . 2012.

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  • Evergreen — Evergreen, MT U.S. Census Designated Place in Montana Population (2000): 6215 Housing Units (2000): 2532 Land area (2000): 8.012444 sq. miles (20.752134 sq. km) Water area (2000): 0.042377 sq. miles (0.109755 sq. km) Total area (2000): 8.054821… …   StarDict's U.S. Gazetteer Places

  • Evergreen — Saltar a navegación, búsqueda Evergreen Desarrollador Georgia Public Library Service www.open ils.org Información general …   Wikipedia Español

  • Evergreen — Sm langlebiges Musikstück u.ä. erw. fremd. Erkennbar fremd (20. Jh.) Entlehnung. Entlehnt aus ne. evergreen, eigentlich Immergrün , einer Zusammensetzung aus ne. ever immer und ne. green grün .    Ebenso nndl. evergreen, ne. evergreen, nschw.… …   Etymologisches Wörterbuch der deutschen sprache

  • Evergreen — (Рим,Италия) Категория отеля: Адрес: Via Milazzo 23 (Check in at Via Marsala 64), Вокзал …   Каталог отелей

  • Evergreen — Ev er*green, n. 1. (Bot.) An evergreen plant. [1913 Webster] 2. pl. Twigs and branches of evergreen plants used for decoration. The funeral evengreens entwine. Keble …   The Collaborative International Dictionary of English

  • Evergreen, AL — U.S. city in Alabama Population (2000): 3630 Housing Units (2000): 1860 Land area (2000): 15.193755 sq. miles (39.351642 sq. km) Water area (2000): 0.060744 sq. miles (0.157326 sq. km) Total area (2000): 15.254499 sq. miles (39.508968 sq. km)… …   StarDict's U.S. Gazetteer Places

  • Evergreen, CO — U.S. Census Designated Place in Colorado Population (2000): 9216 Housing Units (2000): 3840 Land area (2000): 11.582230 sq. miles (29.997837 sq. km) Water area (2000): 0.061964 sq. miles (0.160487 sq. km) Total area (2000): 11.644194 sq. miles… …   StarDict's U.S. Gazetteer Places

  • Evergreen, LA — U.S. town in Louisiana Population (2000): 314 Housing Units (2000): 152 Land area (2000): 1.018993 sq. miles (2.639179 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 1.018993 sq. miles (2.639179 sq. km) FIPS… …   StarDict's U.S. Gazetteer Places

  • Evergreen, MT — U.S. Census Designated Place in Montana Population (2000): 6215 Housing Units (2000): 2532 Land area (2000): 8.012444 sq. miles (20.752134 sq. km) Water area (2000): 0.042377 sq. miles (0.109755 sq. km) Total area (2000): 8.054821 sq. miles… …   StarDict's U.S. Gazetteer Places

  • Evergreen, WI — U.S. Census Designated Place in Wisconsin Population (2000): 3611 Housing Units (2000): 1267 Land area (2000): 3.814957 sq. miles (9.880694 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 3.814957 sq. miles… …   StarDict's U.S. Gazetteer Places

  • evergreen — [ev′ər grēn΄] adj. 1. having leaves that are green all year: opposed to DECIDUOUS 2. that remains fresh, vital, interesting, applicable, etc.; timeless n. 1. an evergreen plant or tree, including most conifers and many broad leaved plants, as… …   English World dictionary

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