Common use of Period of Limitation Clause in Contracts

Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

Appears in 9 contracts

Samples: Indemnification Agreement (Talon International, Inc.), Indemnification Agreement (Ironclad Performance Wear Corp), Indemnification Agreement (Iris International Inc)

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Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in on behalf of the right Company or any affiliate of the Company against Indemnitee, Indemnitee’s estate, spouse, heirs, executors executors, or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any or such longer period as may be required by state law under the circumstances. Any claim or cause of action of the Company or its affiliates shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such action the shorter period shall govern.

Appears in 7 contracts

Samples: Indemnification Agreement (AutoGenomics, Inc.), Indemnification Agreement (AutoGenomics, Inc.), Indemnification Agreement (AutoGenomics, Inc.)

Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s 's estate, spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

Appears in 5 contracts

Samples: Indemnification Agreement (Sound Source Interactive Inc /De/), Indemnification Agreement (Sound Source Interactive Inc /De/), Indemnification Agreement (Sound Source Interactive Inc /De/)

Period of Limitation. No legal action shall be brought and no cause -------------------- of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s 's estate, spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

Appears in 4 contracts

Samples: Indemnification Agreement (Sound Source Interactive Inc /De/), Indemnification Agreement (Sound Source Interactive Inc /De/), Indemnification Agreement (Sound Source Interactive Inc /De/)

Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in the right on behalf of the Company Corporation or any affiliate of the Corporation against Indemnitee or Indemnitee, Indemnitee’s estate, 's spouse, heirs, executors executors, or personal or legal representatives after the expiration of two three years from the date of accrual of such that cause of action, and any claim or cause of action of the Company Corporation or its affiliate shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such twothat three-year period; provided, that however, that, if any shorter period of limitations is otherwise applicable to any such cause of action, such the shorter period shall govern.

Appears in 1 contract

Samples: Indemnification Agreement (Idaho General Mines Inc)

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Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives Indemnitee after the expiration of two five (5) years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-five (5) year period; providedPROVIDED, HOWEVER, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

Appears in 1 contract

Samples: Indemnification Agreement (Family Home Health Services, Inc.)

Period of Limitation. No legal action shall be brought and no cause of action shall be asserted by or in the right on behalf of the Company Corporation or any affiliate of the Corporation against Indemnitee, Indemnitee or Indemnitee’s estate, spouse, heirs, executors executors, or personal or legal representatives after the expiration of two three years from the date of accrual of such that cause of action, and any claim or cause of action of the Company Corporation or its affiliate shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such twothat three-year period; provided, that however, that, if any shorter period of limitations is otherwise applicable to any such cause of action, such the shorter period shall govern.

Appears in 1 contract

Samples: Indemnification Agreement (Spark Networks Inc)

Period of Limitation. No legal action shall will be brought and no cause of action shall will be asserted by or in the right of the Company (or any of its Subsidiaries) against Indemnitee, Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives representatives, administrators or estate after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall will be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, action such shorter period shall will govern.

Appears in 1 contract

Samples: Indemnification Agreement (Abm Industries Inc /De/)

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