Common use of Statutes of Limitations Clause in Contracts

Statutes of Limitations. Each Merchant and each Guarantor agree that any claim, whether sounding in contract, tort, law, equity, or otherwise, that is not asserted against ALPINE within one year of its accrual will be time barred. Notwithstanding any provision in the Agreement or this Guarantee to the contrary, each Merchant and each Guarantor agree that any application made by any of them to stay an arbitration initiated against any of them by ALPINE will be time barred if made more than 20 days after receipt of the demand for arbitration.

Statutes of Limitations. Each Merchant and each Guarantor agree that any claim, whether sounding in contract, tort, law, equity, or otherwise, that is not asserted against ALPINE within one year of its accrual will be time barred. Notwithstanding any provision in the this Agreement or this Guarantee to the contrary, each Merchant and each Guarantor agree that any objection by any of them to the jurisdiction of an arbitrator or to the arbitrability of the dispute and any application made by any of them to stay an arbitration initiated against any of them by ALPINE will be time barred if made more than 20 days after receipt of the demand for arbitration.

Statutes of Limitations. Each Merchant and each Guarantor agree that any claim, whether sounding in contract, tort, law, equity, or otherwise, that is not asserted against ALPINE within one year of its accrual will be time barred. Notwithstanding any provision in the this Agreement or this Guarantee to the contrary, each Merchant and each Guarantor agree that any objection by any of them to the jurisdiction of an arbitrator or to the arbitrability of the dispute and any application made by I have read and agree to the terms and conditions set forth above: any of them to stay an arbitration initiated against any of them by ALPINE will be time barred if made more than 20 days after receipt of the demand for arbitration.