Common use of Limitations Act Clause in Contracts

Limitations Act. Subject to any limitation period specifically prescribed in this Agreement, the Parties expressly agree, as is permitted by the Limitations Act, RSA 2000, Ch. L-12, to extend the two (2) year time period provided for under Section 3(1)(a) thereof, to a period of four (4) years.

Appears in 1 contract

Sources: Partnership Interest Sale Agreement (Canetic Resources Trust)

Limitations Act. Subject to any limitation period specifically prescribed in this Agreement, the Parties expressly agree, as a is permitted by the Limitations Act, RSA 2000, Ch. L-12, to extend the two (2) year time period provided for under Section 3(1)(asubclause 3(i)(a) thereof, to a period of four (4) years.

Appears in 1 contract

Sources: Asset Sale Agreement