Legal Definitions - currente termino

Currente termino is a Latin phrase meaning during the currency of the term or while the term is running. It refers to actions, conditions, or obligations that apply or must be fulfilled within a specified period of time, such as the duration of a contract, a lease period, or a fixed appointment.

Here are some examples to illustrate this concept:

• Example 1: Commercial Lease Agreement

  A clause in a commercial lease agreement states that the tenant is responsible for maintaining the landscaping of the property currente termino of their tenancy. This means that the tenant must ensure the landscaping is kept up throughout the entire period that their lease is active, from the day they take possession until the lease officially ends.

• Example 2: Fixed-Term Employment Contract

  An employment contract for a project manager specifies that they are entitled to a company car and a travel allowance currente termino of their two-year project assignment. This indicates that the project manager's eligibility for the company car and travel allowance is valid only for the duration of their two-year assignment, and these benefits would typically cease once that period concludes.

• Example 3: Software License Agreement

  A software license agreement for a specialized design program includes a provision that all technical support and minor updates are provided free of charge currente termino of the annual license. This means that the user is entitled to complimentary technical assistance and software updates only for as long as their annual license is active. Once the license expires, these services would likely require renewal or separate payment.