Common use of Tolling Statute of Limitations Clause in Contracts

Tolling Statute of Limitations. All applicable statutes of limitation and defenses based upon the passage of time and similar contractual limitations shall be tolled while the procedures specified in this Article are pending. The Parties will take such action, if any, required to effectuate such tolling. Without prejudice to the procedures specified in this Article, a Party may file a complaint for statute of limitations purposes, if in its sole judgment such action may be necessary to preserve its claims or defenses. Despite such action, the Parties will continue to participate in good faith in the procedures specified in this Article.

Appears in 3 contracts

Samples: Procurement and Construction Agreement, Operations and Maintenance Agreement, Turnkey Epc Agreement (Sunpower Corp)

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Tolling Statute of Limitations. All applicable statutes of limitation and defenses based upon the passage of time and similar contractual limitations shall be tolled while the procedures specified in this Article XVII are pending. The Parties will take such action, if any, required to effectuate such tolling. Without prejudice to the procedures specified in this ArticleArticle XVII, a Party may file a complaint for statute of limitations purposes, if in its sole judgment such action may be necessary to preserve its claims or defenses. Despite such action, the Parties will continue to participate in good faith in the procedures specified in this ArticleArticle XVII.

Appears in 2 contracts

Samples: Agreement (Pacific Ethanol, Inc.), Confidential Treatment (Panda Global Holdings Inc)

Tolling Statute of Limitations. All applicable statutes of limitation and defenses based upon the passage of time and similar contractual limitations shall be tolled while the procedures specified in this Article XVII are pending. The Parties will take such action, if any, required to effectuate such tolling. Without prejudice to the procedures specified in this ArticleArticle XVII, a Party may file a complaint for statute of limitations purposes, if in its sole judgment such action may be necessary to preserve its claims or defenses. Despite such action, the Parties will continue to participate in good faith in the procedures specified in this Article.Article XVII. 17.6

Appears in 2 contracts

Samples: Edison Agreement (Ameresco, Inc.), Edison Agreement (Ameresco, Inc.)

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Tolling Statute of Limitations. All applicable statutes of limitation and defenses based upon the passage of time and similar contractual limitations shall be tolled while the procedures specified in this Article XV are pending. The Parties will take such action, if any, required to effectuate such tolling. Without prejudice to the procedures specified in this ArticleArticle XV, a Party may file a complaint for statute of limitations purposes, if in its sole judgment such action may be necessary to preserve its claims or defenses. Despite such action, the Parties will continue to participate in good faith in the procedures specified in this ArticleArticle XV.

Appears in 1 contract

Samples: Project Agreement

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