Common use of Lapse of Time Clause in Contracts

Lapse of Time. 24.1 Legal proceedings concerning any issue ensuing from this agreement may not be lodged before the courts more than three years after the claim was constituted. In the event of legal proceedings concerning a claim to the repayment of funds, a period of three years following the last transfer shall be applied.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Lapse of Time. 24.1 Legal proceedings concerning any issue ensuing from this agreement may not be lodged before the courts more than three years after the claim was constitutedfact. In the event of legal proceedings concerning a claim to the repayment of refund funds, a period of three years following the last transfer shall be applied, upon approval by the Joint Monitoring Committee.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

Lapse of Time. 24.1 25.1 Legal proceedings concerning any issue ensuing from this agreement Agreement may not be lodged before the courts more than three six years after the claim was constitutedfact. In the event of legal proceedings concerning a claim to the repayment of refund funds, a period of three six years following the last transfer shall be applied.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

Lapse of Time. 24.1 16.1. Legal proceedings concerning any issue ensuing from this agreement Agreement may not be lodged before the courts more than three years after the facts giving rise to the claim was constitutedor after the Partner making the claim first became aware of the facts giving rise to the claim. In the event of legal proceedings concerning a claim to the repayment of refund funds, a period of three years following the last transfer shall be applied.

Appears in 1 contract

Samples: Partnership Agreement

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Lapse of Time. 24.1 Legal proceedings concerning any issue ensuing from this agreement may not be lodged before the courts more than three years after the claim was constituted. In the event of legal proceedings concerning a claim to the repayment of fundsrefund ftinds, a period of three years following the last transfer shall be applied.

Appears in 1 contract

Samples: Grant Agreement

Lapse of Time. 24.1 Legal proceedings concerning any issue ensuing from this agreement may not be lodged brought before the courts more no later than three years after the claim was constitutedit happens. In the event of legal proceedings concerning a claim to the repayment of return funds, a period of the three years following period is calculated from the time the last transfer shall be appliedof funds took place, after the approval of the Monitoring Committee.

Appears in 1 contract

Samples: Partnership Agreement

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