Common use of Tolling of Statute of Limitations Clause in Contracts

Tolling of Statute of Limitations. Each Guarantor agrees that any payment, performance or other act that tolls any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents shall also toll the statute of limitations applicable to such Guarantor’s liability under this Multiparty Guaranty to the extent permitted by law.

Appears in 13 contracts

Samples: Note Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.), Note Purchase and Private Shelf Agreement (Cubic Corp /De/), Note Purchase and Private Shelf Agreement (Cubic Corp /De/)

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Tolling of Statute of Limitations. Each Subsidiary Guarantor agrees that any payment, performance or other act that tolls any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents shall also toll the statute of limitations applicable to such Subsidiary Guarantor’s liability under this Multiparty Guaranty to the extent permitted by law.

Appears in 3 contracts

Samples: Private Shelf Agreement (McGrath Rentcorp), Note Purchase and Private Shelf Agreement (McGrath Rentcorp), Private Shelf Agreement (McGrath Rentcorp)

Tolling of Statute of Limitations. Each The Guarantor agrees that payment or performance of any payment, performance of the Obligations or other act that tolls acts which toll any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing Obligations or to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Loan Documents shall also toll the statute of limitations applicable to such Guarantor’s the liability of the Guarantor under this Multiparty Guaranty to the extent permitted by lawGuaranty.

Appears in 3 contracts

Samples: Unconditional Guaranty (Technology Flavors & Fragrances Inc), Unconditional Guaranty (Technology Flavors & Fragrances Inc), Terrace Holdings Inc

Tolling of Statute of Limitations. Each The Guarantor agrees that any payment, performance payment of any of the Obligations or other act that tolls acts which shall toll any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents Obligations shall also toll the statute of limitations applicable to such the Guarantor’s 's liability under this Multiparty Guaranty to the extent permitted by lawhereunder.

Appears in 1 contract

Samples: Guaranty Agreement (Careadvantage Inc)

Tolling of Statute of Limitations. Each Guarantor agrees that any payment, payment or performance of any of the Loan Obligations or Guaranty Obligations or other act that acts which tolls any statute of limitations applicable to the obligations, liabilities and indebtedness of Loan Obligations or the Company owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents Guaranty Obligations shall also toll the statute of limitations applicable to such Guarantor’s 's liability under this Multiparty Guaranty to the extent permitted by lawGuaranty.

Appears in 1 contract

Samples: Subsidiary Guaranty (Fibercore Inc)

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Tolling of Statute of Limitations. Each The Guarantor agrees that --------------------------------- payment or performance of any payment, performance of the Obligations or other act that tolls acts which toll any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing Obligations or to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Loan Documents shall also toll the statute of limitations applicable to such Guarantor’s the liability of the Guarantor under this Multiparty Guaranty to the extent permitted by lawGuaranty.

Appears in 1 contract

Samples: Tech Electro Industries Inc/Tx

Tolling of Statute of Limitations. Each Guarantor agrees that any payment, performance or other act that tolls any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company any Co-Issuer owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents shall also toll the statute of limitations applicable to such Guarantor’s liability under this Multiparty Guaranty to the extent permitted by law.

Appears in 1 contract

Samples: Alexander & Baldwin, Inc.

Tolling of Statute of Limitations. Each Guarantor agrees that any payment, payment or performance of any of the Obligations or other act that acts which tolls any statute of limitations applicable to the obligations, liabilities and indebtedness of the Company owing to the Beneficiaries under this Agreement, the Notes or any of the other Transaction Documents Obligations shall also toll the statute of limitations applicable to such Guarantor’s liability under this Multiparty Guaranty to the extent permitted by law.

Appears in 1 contract

Samples: Continuing Guaranty (First American Corp)

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