Common use of Time Limit for Submitting a Claim Clause in Contracts

Time Limit for Submitting a Claim. The time period for each Party to submit a Claim is ten (10) days from when a Party realizes, or when a reasonable person should have realized, that it has a Claim, or when a Party fails or refuses to perform an obligation required by this Agreement, or when the Program Management Office denies a request for the payment of compensation, or when one Party breaches this Agreement. If a Party fails to submit a Claim within the required ten (10) day period, the Party waives and forfeits all rights and remedies to such Claim.

Time Limit for Submitting a Claim. The time period for each Party to submit a Claim is ten seven (107) days from when a Party realizes, or when a reasonable person should have realized, that it has a Claim, or when a Party the Supplier fails or refuses to perform an obligation a service required by this Agreement, or when the Program Management Office denies a request for the payment of compensation, or when one Party breaches this Agreement. If a Party fails to submit a Claim within the required ten (10) seven day period, the Party waives and forfeits all rights and remedies to such Claim.