Common use of Time Limit for Claims Clause in Contracts

Time Limit for Claims. The Purchaser shall not be entitled to make any Warranty Claim, and the Seller shall not be liable for such claim, unless the Purchaser shall have given notice in writing to Seller of the claim no later than the end of twelve months after the Completion Date. Thereafter, the Seller shall not be under any obligation or liability whatsoever with respect to any representation, warranty, covenant or agreement in respect of this agreement or relating to the Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (Joy Global Inc), Agreement (Joy Global Inc)

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Time Limit for Claims. The Purchaser shall Seller is not be entitled to make any Warranty Claimliable for, and the Buyer may not make any Claim in respect of, a breach of a Seller shall not be liable for such claimWarranty, unless reasonable details of the Purchaser shall Claim (having regard to the details known to the Buyer at the relevant time) have given notice been notified in writing to Seller of the claim no later than the end of twelve months after the Completion Date. Thereafter, the Seller shall not be under any obligation or liability whatsoever with respect to any representationwithin 18 months of Completion, warranty, covenant or agreement other than in respect of this agreement or relating to the Shares.following Seller Warranties, in which case the following time periods apply:

Appears in 2 contracts

Samples: And Purchase Agreement (Interoil Corp), Interoil Corp

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