Common use of Prescription Clause in Contracts

Prescription. Claimz againzt either of the Izzuerz or, az the caze may be, the Cuarantor(z) for payment of any amount in rezpect of the Securitiez zhall be prezcribed and become void unlezz made within five yearz from the Settlement Date and no claimz zhall be made after xxxx date.

Prescription. Claimz againzt either of the Izzuerz or, az the caze may be, the Cuarantor(z€uarantor(z) for payment of any amount in rezpect of the Securitiez zhall be prezcribed and become void unlezz made within five yearz from the Settlement Date and no claimz zhall be made after xxxx date.