Common use of Limitation Periods Clause in Contracts

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union to the Obligor; and (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligor.

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Lender to the Obligor; and; (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligor; and (e) this Agreement is a “business agreement” as defined in the Limitations Act, 2002 (Ontario) if that Act applies.

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor Borrower agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Lender to the Obligor; andBorrower; (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the ObligorBorrower; and (e) this Agreement is a “business agreement” as defined in the Limitations Act, 2002 (Ontario) if that Act applies.

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor each Grantor agrees that: : (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; ; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; ; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Collateral Agent to the ObligorGrantors; and (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the ObligorCredit Parties; and (e) this Agreement is a "business agreement" as defined in the Limitations Act, 2002 (Ontario) if that Act applies.

Limitation Periods. To the extent that any statutory limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Lender to the Obligor; and; (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligor; and (e) this Agreement is a “business agreement” as defined in the Limitations Act, 2002 (Ontario) if that Act applies.

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor each Grantor agrees that: : (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; Law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable lawLaw, any limitation period is extended to the maximum length permitted by applicable law; Law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Administrative Agent to the Obligorany Grantor; and and (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligorany Loan Party.

Limitation Periods. To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor Pledgor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union Pledgee to the Obligor; andPledgor; (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the ObligorPledgor; and (e) this Agreement is a "business agreement" as defined in the Limitations Act, 2002 (Ontario) if that Act applies.