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termination date

   Also found in: Medical 0.01 sec.
Termination Date
The date on which a contract is canceled. This may apply to any contract, whether for employment, construction or anything else. Sometimes notice must be given prior to the termination date, depending on the terms of the contract.

termination date

Although the verb “to terminate”in a lease usually implies an ending before the natural expiration,termination date is sometimes used to mean the natural ending date of a lease.



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I have not been given any proper reason why I have been sacked, and have just had a letter confirming my termination date which included my P45, one week's statutory notice and my accrued holiday entitlement.
One potential pitfall is the extent to which a tenant is bound to pay a full quarter's rent in order to successfully terminate the lease where the actual termination date is other than at the end of a quarter.
If an employee unreasonably refuses an offer to renew their contract of employment immediately at the date of termination or within four weeks following the termination date they will not be entitled to a statutory redundancy payment provided that the offer is made whilst the employment is still continuing.
 
 
 
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