Common use of Time Limit for Claims Clause in Contracts

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

Appears in 2 contracts

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

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