Common use of Calculation of Time Limits Clause in Contracts

Calculation of Time Limits. The time limits set forth in this Section XVI of this Agreement shall be deemed to commence with the delivery of written notice by one Party to the other Party indicating the existence of a dispute arising out of or relating to this Agreement, or the breach thereof. The Parties may extend any time limit specified in this Section XVI of this Agreement by mutual, written agreement.

Calculation of Time Limits. The time limits set forth in this Section XVI of this Agreement shall be deemed to commence with the delivery of written notice by one Party party to the other Party party indicating the existence of a dispute arising out of or relating to this Agreement, or the breach thereof. The Parties parties may extend any time limit specified in this Section XVI of this Agreement by mutual, written agreement.