Limitation Defence definition

Limitation Defence means any defence or argument based on statute of limitations (verjaring), prescription, limitation, time bar, laches, delay or any similar principle in connection with any MPC Relevant Claim in any jurisdiction that is filed on or before the Bar Date in accordance with this SIHNV Composition Plan.
View Source
Limitation Defence has the meaning given to that term at Clause 2.4.2(a) (Standstill Period).
View Source
Limitation Defence means any defence or argument based on statute of limitations (verjaring), prescription, limitation, time bar, laches, delay or any similar principle in connection with any MPC
View Source

Examples of Limitation Defence in a sentence

  • No party will object to another joining any additional party to the proceedings by using any Limitation Defence that relies on time running during the Period.


More Definitions of Limitation Defence

Limitation Defence means a defence under this Act.
View Source

Related to Limitation Defence

  • Limitation Period means any period while any amount remains owing on the Note and interest on such amount, calculated at the applicable interest rate, plus any fees or other sums payable under any Loan Document and deemed to be interest under applicable law, would exceed the amount of interest which would accrue at the Highest Lawful Rate.

  • Qualification Defect With respect to a Mortgage Loan, (a) a defective document in the Custodial Mortgage File or Retained Mortgage File, (b) the absence of a document in the Custodial Mortgage File or Retained Mortgage File, or (c) the breach of any representation, warranty or covenant with respect to the Mortgage Loan made by the Company, but, in each case, only if the affected Mortgage Loan would cease to qualify as a "qualified mortgage" for purposes of the REMIC Provisions.

  • Registration Default Damages shall have the meaning set forth in Section 8 hereof.

  • Registration Default As defined in Section 5 hereof.

  • Construction defect means a deficiency in or a deficiency arising out of the design, specifications, surveying, planning, supervision, or observation of construction or construction of residential improvements that results from any of the following: