Common use of Statute of Limitation Clause in Contracts

Statute of Limitation. Provided that the statutory requirements for claims based on material defects and defects of title are fulfilled and these GTC do not preclude any claims for defects, claims for defects become statute- barred one year after commencement of the statutory limitation period. The above limitation period also applies to contractual and non-contractual claims for damages based on a defect. Claims for damages by the Client pursuant to section 9.1 sentence 1 and 9.1.1, in case of claims under the Product Liability Act and claims based on the fraudulent concealment of a defect become statute-barred in accordance with the statutory provisions.