Common use of Limitations Act Clause in Contracts

Limitations Act. The two year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 c. L-15.1, as amended, for any claim (as defined in that Act) arising in connection with this Agreement is extended to: a) for claims disclosed by an audit, two years after the time this Agreement permitted that audit to be performed; or b) for all other claims, four years.

Appears in 2 contracts

Samples: Seismic Option, Farmout and Net Carried Interest Agreement (Universal Energy Corp.), Overriding Royalty Agreement (Deep Well Oil & Gas Inc)

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Limitations Act. The two year period for seeking a remedial order under section 3(1)(a) Section 3 of the Limitations Act, S.A. 1996 c. L-15.1R.S.A. 2000 c.L 12, as amended, for any claim (as defined in that Act) arising in connection with this Agreement is extended to: a) for claims disclosed by an audit, two (2) years after the time this Agreement permitted that audit to be performed; or b) for all other claims, four (4) years.

Appears in 2 contracts

Samples: Overriding Royalty Agreement, Overriding Royalty Agreement (Triangle Petroleum Corp)

Limitations Act. The two two-year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 c. L-15.1R.S.A. 2000 c.L-12, as amendedamended (the “Act”), for any claim (as defined in that the Act) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two (2) years after expiry of the time this Agreement permitted that audit to be performed; or (b) for all other claims, four (4) years.

Appears in 2 contracts

Samples: Cross Conveyed Vertical Pooling Agreement, Non Cross Conveyed Vertical Pooling Agreement

Limitations Act. The two 2 year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 2000 c. L-15.1L-12, as amendedamended (the “Act”), for any claim (as defined in that the Act) arising in connection with this Agreement is extended to: a) for claims disclosed by an audit, two 2 years after the time this Agreement permitted that audit to be performed; or b) for all other claims, four 4 years.

Appears in 2 contracts

Samples: Farmout Agreement (TAMM Oil & Gas Corp.), Farmout and Overriding Royalty Agreement (TAMM Oil & Gas Corp.)

Limitations Act. The two two-year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 c. L-15.1, as amended, Act (Alberta) for any claim (as defined in that Acttherein) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two (2) years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four (4) years.

Appears in 1 contract

Samples: Loan Agreement

Limitations Act. The two two-year period for seeking a remedial order under section 3(1)(a3(1 )(a) of the Limitations Act, S.A. 1996 c. L-15.1, as amended, for any claim (as defined in that Act) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four years.

Appears in 1 contract

Samples: Participation Agreement (Nation Energy Inc)

Limitations Act. The two two-year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 c. L-15.12000 C. L-12, as amended, for any claim (( as defined in that ActAct ) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two (2) years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four (4) years.

Appears in 1 contract

Samples: Equalization and Joint Operating Agreement (Nexgen Petroleum Corp.)

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Limitations Act. 17.1 The two 2-year period for seeking a remedial order under section 3(1)(a) Section 3 of the Limitations Act, S.A. 1996 c. L-15.1Act (Alberta), as amended, for any claim (as defined in that Actlegislation) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two 2 years after the time this Agreement permitted that audit to be performed; or or (b) for all other claims, four 4 years.

Appears in 1 contract

Samples: Farmout Agreement (Deep Well Oil & Gas Inc)

Limitations Act. The two two-year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 c. L-15.12000 C. L-12, as amended, for any claim (( as defined in that ActAct ) arising in connection with this Agreement and any of the Schedules attached hereto is extended toextended: (a) for claims disclosed by an audit, two (2) years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four (4) years.

Appears in 1 contract

Samples: Participation Agreement (Farrier Resources Corp)

Limitations Act. 17.1 The two 2-year period for seeking a remedial order under section 3(1)(a) Section 3 of the Limitations Act, S.A. 1996 c. L-15.1Act (Alberta), as amended, for any claim (as defined in that Actlegislation) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two 2 years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four 4 years.

Appears in 1 contract

Samples: Farmout Agreement (Surge Global Energy, Inc.)

Limitations Act. The two 2 year period for seeking a remedial order under section 3(1)(a) of the Limitations Act, S.A. 1996 2000 c. L-15.1L-12, as amendedamended (the “Act”), for any claim (as defined in that the Act) arising in connection with this Agreement is extended to: (a) for claims disclosed by an audit, two 2 years after the time this Agreement permitted that audit to be performed; or (b) for all other claims, four 4 years.

Appears in 1 contract

Samples: Farmout Agreement (Micron Enviro Systems Inc)

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