What will be the starting point of the term of registration (e.g., 1 year)?

For a Trademark Holder or Trademark Agent who recorded or submitted one or more Trademark Records in the Clearinghouse during the Early Bird Registration Period (i.e. the period before the first Sunrise of the first new gTLD) for a period of one year, the initial Registration Period will begin from the date that the first Trademark Record has been registered or submitted in the Clearinghouse; the initial Registration Period will end on the first anniversary of the Early Bird Registration Period’s closing date (November 5th, 12:00 UTC).

For a Trademark Holder or Trademark Agent who did not record or submit a Trademark Record during the Early Bird Registration Period, but rather registered for one year, the initial Registration Period will begin as from the date the Trademark Record is recorded or submitted in the Clearinghouse, and ends on the first anniversary of such date.