Claim Expiration Sample Clauses
The Claim Expiration clause sets a specific time limit within which a party must bring a claim or assert a right under the agreement. Typically, this means that if a party discovers a breach or issue, they must notify the other party and initiate any related claims before the expiration period lapses—such as within 12 or 24 months from the event or contract termination. This clause ensures that disputes are raised and resolved within a reasonable timeframe, providing certainty and finality for both parties and preventing indefinite liability.
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Claim Expiration. No claims under this Agreement may be made more than two (2) years after expiration or termination of this Agreement; failure to make such a claim within the two (2) years period shall forever bar the claim.
Claim Expiration. No claim to be resolved under this Article 9 may be made more than one year after the date by which the fault or failure was or should reasonably have been discovered; failure to make such claim within the one-year period shall bar the claim under this Article 9.
Claim Expiration. No claims to be resolved under this Section 16 may be made more than [***] after the date by which the fault or failure was or should reasonably have been discovered; failure to make such a claim within the [***] period shall forever bar the claim.
Claim Expiration. No claims to be resolved under this Section 26 may be made more than one (1) year after the date by which the fault or failure was or should reasonably have been discovered; failure to make such a claim within the one (1) year period shall forever bar the claim.
Claim Expiration. No claims to be resolved under this Section 16 may be made more than six (6) months after the date by which the fault or failure was or should reasonably have been discovered; failure to make such a claim within the six (6) month period shall forever bar the claim.
Claim Expiration. No claims to be resolved under this Section 18 maybe made more than two (2) years after the date by which the fault or failure was or should reasonably have been discovered.
Claim Expiration. No claims to be resolved under this Article XI may be made more than [***] after the date by which the fault or failure was or should reasonably have been discovered; failure to make such a claim within the [***] period shall forever bar the claim.
Claim Expiration. Except for claims for indemnification under Section 16, no claims to be resolved under this Section 14 may be made more than one year after the date by which the fault or failure was or should reasonably have been discovered; failure to make such a claim within the one-year period shall forever bar the claim.