Limitation Periods definition
Examples of Limitation Periods in a sentence
The Parties agree that the initiation of in arbitration proceedings expiration of the Limitation Period interrupts the running of the Limitation Periods in relation to the relevant Purchaser Claim and also all other Parties regardless of whether such other Parties are parties to or join the arbitration proceedings.
This Amended and Restated Letter Agreement will remain in effect throughout the Initial and Subsequent Limitation Periods, unless terminated by either party upon thirty (30) days written notice to the other party, provided that this Amended and Restated Letter Agreement may not be so terminated by the Adviser prior to the end of the Initial or Subsequent Limitation Period.
The company will confirm the dates of the Vacation Limitation Periods prior to the third Saturday in January of each year such that employees can request their vacation around the shutdowns.
The Limitation Periods shall be tolled (GEHEMMT), if Purchaser delivers a notice pursuant to ARTICLE 8.7 (A) even if Purchaser or a Company then first proceed to pursue the claim that is subject of such notice against a third party.
To the extent that there is any inconsistency between Article 6 (Tax Matters), on the one hand, and Section 10.6 (Limitation Periods), Section 10.7 (Direct Claims) and Section 10.8 (Procedure for Third Party Claims), on the other hand, relating to any Tax Contest or Tax Claim, the provisions of Article 6 shall govern to the extent of the inconsistency.
Notwithstanding anything to the contrary contained herein, the Conversion Limitation of this paragraph shall not be applicable for more than three (3) Limitation Periods with respect to any shareholder.
The Commencement of Statutory Limitation Periods Between the CITY, CONTRACTOR and assignees are as follows: • Before Substantial Completion.
Landlord shall not be responsible for any lost revenue or profits or business expenses during the Limitation Periods.
The limitation defence is governed by UAE law because, under the ADGM Application of English Law Regulations 2015, Section 2 and their Schedule of Applicable Statutes, the English Foreign Limitation Periods Act 1984 is part of the law of the ADGM.