Irish Limitation Clause Samples
The Irish Limitation clause sets specific limits on liability or claims within the context of Irish law. Typically, it restricts the time period during which a party can bring a legal claim or limits the amount recoverable under a contract governed by Irish jurisdiction. For example, it may state that claims must be made within six years of an event or cap damages at a certain amount. This clause ensures predictability and manages risk by preventing indefinite or excessive liability exposure for the parties involved.
Irish Limitation. This Guaranty shall not apply to the extent it would result in the guaranty constituting unlawful financial assistance within the meaning of Section 82 of the Irish Companies Act or constitute a breach of Section 239 of the Irish Companies Act.
Irish Limitation. 100 ARTICLE XVI MISCELLANEOUS; .........................................................................................100 16.1. Choice of Law ............................................................................................................100 16.2. Consent to Jurisdiction, etc ........................................................................................100 16.3.
Irish Limitation. Notwithstanding anything to the contrary in this Agreement, the obligations, liabilities and undertakings provided under this Agreement by an Obligor incorporated under the laws of Ireland shall be deemed not to be undertaken or incurred to the extent that same would (a) constitute unlawful financial assistance prohibited by section 82 of the Companies Act 2014 of Ireland (as amended); or (b) constitute a breach of section 239 of the Companies Act 2014 of Ireland (as amended).
Irish Limitation. Notwithstanding anything to the contrary herein, (i) no assets which are subject to a security interest granted under any Irish Pledge and Security Agreement shall be subject to any security interest created hereunder and (ii) the aggregate liability under this Agreement of any Guarantor incorporated in Ireland shall be limited to the extent that it would be prohibited by Section 239 of the Irish Companies Act 2014 or would result in the liability constituting unlawful financial assis- tance within the meaning of Section 82 of the Irish Companies ▇▇▇ ▇▇▇▇.