Limitation period. The provisions relating to the limitation period concerning actions arising from this insurance policy are set out in Articles L 114-1 to L 114-3 of the French Insurance Code, reproduced below: · Article L 114-1 of the French Insurance Code “Any legal action arising from an insurance policy is subject to a limitation period of two years from the event giving rise to it'. By way of exception, actions arising from an insurance contract relating to damage resulting from land movements due to drought and soil dehydration, recognized as a natural disaster under the conditions set out in Article L. 125-1, shall be barred after five years from the event giving rise to them. However, said time limit shall run: 1° in the event of non disclosure, omission, fraudulent representation or misrepresentation of the risk incurred, only as from the date on which the insurer is aware thereof, 2° in the event of loss, only as from the date the concerned parties are aware thereof, if they prove that they were unaware of such facts up till then. When the insured’s action against the insurer arises from a third party’s recourse, the limitation period shall run only from the date on which said third party brings a legal action against the insured or the latter has paid it compensation. The limitation period shall be increased to ten years for life insurance contract when the beneficiary is not the policyholder and in insurance contracts covering personal injury when the beneficiaries are the deceased insured’s assigns. • Article L 114-2 of the French Insurance Code “The limitation period shall be interrupted by one of the ordinary causes that interrupt the limitation period and by the appointment of experts following a loss. The limitation period of the legal action may also be interrupted by the insurer sending the insured a registered letter with acknowledgement of receipt in respect of the action for payment of the premium and by the insured to the insurer in respect of the settlement of the claim.” • Article L 114-3 of the French Insurance Code “Notwithstanding article 2254 of the Civil Code, the parties to an insurance contract may not, even by mutual agreement, alter the duration of the limitation period or add to the causes of its suspension or interruption.” Additional information The ordinary causes of interruption of the limitation period are set out in articles 2240 and subsequent of the Civil Code, reproduced below. • Articles 2240 of the French Civil Code “The recogn...
Limitation period. Neither party will institute an action in any form arising out of this Agreement more than two (2) years after the cause of action has arisen.
Limitation period. DELL SHALL NOT BE LIABLE TO CUSTOMER FOR ANY CLAIM BROUGHT MORE THAN TWO YEARS AFTER THE CAUSE OF ACTION FOR SUCH CLAIM FIRST AROSE.
Limitation period. The limitation periods for all legal actions for damage, losses or late deliveries against DPD are as follows: For national and international road haulage operations, the limitation period is one
Limitation period. In addition to the application of the provisions of Article 5.3.4, a limitation period of one (1) year will apply for any claims that may arise from the Parties’ business relationship, commencing on the date of performance of the service in question, or, for duties and taxes levied thereafter, on the date of notice of the tax adjustment.