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Common use of Time bar Clause in Contracts

Time bar. If a Party does not give a Dispute Notice under clause 15.1(a) in respect of a Dispute within 12 Months after the date it becomes aware or ought reasonably to have become aware of the occurrence of the event or circumstance giving rise to the Dispute: (a) the Party must not give the other Party such a Dispute Notice; (b) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party in respect of the Dispute.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Studies Funding Agreement

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Time bar. If a Party does not give a Dispute Notice under clause 15.1(a8.1(a) in respect of a Dispute within 12 Months after the date it becomes aware or ought reasonably to have become aware of the occurrence of the event or circumstance giving rise to the Dispute: (a) the Party must not give the other Party Parties such a Dispute Notice; (b) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party Parties in respect of the Dispute.

Appears in 3 contracts

Samples: User Funding – Umbrella Agreement, User Funding – Umbrella Agreement, User Funding – Umbrella Agreement

Time bar. If a Party does not give a Dispute Notice under clause 15.1(a19.1(a) in respect of a Dispute within 12 Months after the date it becomes aware the Party became aware, or ought reasonably to have become aware aware, of the occurrence of the event or circumstance giving rise to the Dispute: (a) the Party must not give the other Party such a Dispute Notice; (b) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party in respect of the Dispute.

Appears in 3 contracts

Samples: User Funding – Rail Corridor Agreement, User Funding – Rail Corridor Agreement, User Funding – Rail Corridor Agreement

Time bar. (a) If a Party does not give a Dispute Notice under clause 15.1(a15.1(a)16.1(a) in respect of a Dispute within 12 Months after the date it becomes aware or ought reasonably to have become aware of the occurrence of the event or circumstance giving rise to the Dispute: (a) (i) the Party must not give the other Party such a Dispute Notice; ; (bb)(ii) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party in respect of the Dispute.

Appears in 1 contract

Samples: Funding Agreement

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Time bar. If a Party does not give a Dispute Notice under clause 15.1(a15.1(a)15.1(a) in respect of a Dispute within 12 Months after the date it becomes aware or ought reasonably to have become aware of the occurrence of the event or circumstance giving rise to the Dispute: (a) the Party must not give the other Party such a Dispute Notice; (b) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party in respect of the Dispute.

Appears in 1 contract

Samples: Studies Funding Agreement

Time bar. If a Party does not give a Dispute Notice under clause 15.1(a16.1(a) in respect of a Dispute within 12 Months after the date it becomes aware the Party became aware, or ought reasonably to have become aware aware, of the occurrence of the event or circumstance giving rise to the Dispute: (a) the Party must not give the other Party such a Dispute Notice; (b) any such Dispute Notice which is given by the Party will be taken to be of no effect; and (c) the Party will not have, and must not make, any Claim against the other Party in respect of the Dispute.

Appears in 1 contract

Samples: User Funding – Extension Infrastructure Sub Lease

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