Statute of Limitations Date definition

Statute of Limitations Date means, with respect to each indemnity claim based on a breach of a Tax and Employee Benefit Warranty, the close of business on the 30th day after the expiration of the applicable statute of limitations under applicable Laws with respect to the particular matter underlying that indemnity claim, including any extensions thereof (or if such date is not a Business Day, the next Business Day).
Statute of Limitations Date means, in the case of any claim described in Section 7.03(b) hereof, 90 days after the expiration of the statute of limitations for assessing deficiencies with respect to the tax which is the subject of such claim (as the same may be extended, by or with the written consent of Seller, which consent shall not be unreasonably withheld, from time to time).
Statute of Limitations Date means the close of business on the 90th day after the expiration of the applicable statute of limitations with respect to Taxes, the applicable Environmental Law or ERISA or the applicable Employee Benefit Law, including any extension thereof (or if such date is not a Business day, the next Business Day).

Examples of Statute of Limitations Date in a sentence

  • The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of 24 months, except that (a) Tax Warranties in respect of a particular Tax shall survive until the Tax Statute of Limitations Date for such Tax and (b) Title and Authorization Warranties shall survive forever.

  • The representations and warranties of the parties hereto contained herein and in the Related Agreements shall survive the Closing for a period of eighteen (18) months after the Closing, except that (a) Environmental Warranties shall survive the Closing for a period of five (5) years after the Closing, (b) Tax Warranties shall survive the Closing until the Tax Statute of Limitations Date, and (c) Title and Authorization Warranties shall survive the Closing forever.

  • Anything to the contrary in this Agreement notwithstanding, the representations, warranties, covenants, agreements, rights, and obligations of the Parties hereto with respect to any Tax matter covered by this ARTICLE X shall survive the Closing and shall not terminate until the Tax Statute of Limitations Date.

  • The representations and warranties contained herein shall survive the Closing for a period of eighteen (18) months, except that (a) Tax and Employee Benefits Warranties shall survive until the Statute of Limitations Date; (b) the representations and warranties contained in Section 4.12 (other than Section 4.12(c)) shall survive the Closing for a period of three (3) years; and (c) Title and Authorization Warranties shall survive indefinitely.

  • Anything to the contrary in this Agreement notwithstanding, the representations, warranties, covenants, agreements, rights and obligations of the parties hereto with respect to any Tax matter covered by this Agreement shall survive the Closing and shall not terminate until the Tax Statute of Limitations Date.

  • The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of two (2) years, except that the Tax and Benefits Warranties shall survive until the Tax Statute of Limitations Date and the Title and Authorization Warranties shall survive forever.

  • Anything to the contrary in this Agreement notwithstanding, the representations, warranties, covenants, agreements, rights and obligations of the Parties hereto with respect to any Tax matter covered by this Article VI shall survive the Closing and shall not terminate until the Tax Statute of Limitations Date.

  • The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of 18 months, except that (a) Lease and Financing Warranties shall survive for three years, (b) Tax Warranties in respect of a particular Tax shall survive until the Tax Statute of Limitations Date for such Tax and (c) Title and Authorization Warranties shall survive forever.

  • The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of two (2) years, except that Tax Warranties shall survive until the Tax Statute of Limitations Date, Environmental Warranties shall survive for a period of five (5) years and Title and Authorization Warranties shall survive forever.

  • The representations and warranties of the parties contained herein shall survive the Closing for a period of eighteen (18) months, except that Tax Warranties shall survive until the Tax Statute of Limitations Date and Title and Authorization Warranties shall survive forever.


More Definitions of Statute of Limitations Date

Statute of Limitations Date means the date that is thirty (30) days after expiration of the applicable statute of limitations for the underlying subject matter of the claim.

Related to Statute of Limitations Date

  • Survival Date has the meaning set forth in Section 9.1.

  • Survival Period has the meaning set forth in Section 11.1.

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Limitation Date means the first of March 20, June 20, September 20 or December 20 in any year to occur on or immediately following the date that is one of the following numbers of years after the Restructuring Date: 2.5 years (the "2.5-year Limitation Date"), 5 years, 7.5 years, 10 years (the "10- year Limitation Date"), 12.5 years, 15 years, or 20 years, as applicable. Limitation Dates shall not be subject to adjustment in accordance with any Business Day Convention.

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include any amendment to or any re-enactment thereof as in force from time to time.

  • Statutes means the Companies Act, the Electronic Transactions Act 1999 of Bermuda, and every other act (as amended from time to time) for the time being in force of the Legislature of Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Limitation Period means any period while any amount remains owing on the Note and interest on such amount, calculated at the applicable interest rate, plus any fees or other sums payable under any Loan Document and deemed to be interest under applicable law, would exceed the amount of interest which would accrue at the Highest Lawful Rate.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Statute means the Companies Act (As Revised) of the Cayman Islands.

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • Time Period means the Term and the twenty-four-month period next following the expiration of the Term.

  • EU Data Protection Law means (i) prior to 25 May 2018, Directive 95/46/EC of the European Parliament and of the Council on the protection of individuals with regard to the processing of Personal Data and on the free movement of such data ("Directive") and on and after 25 May 2018, Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of Personal Data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); and (ii) Directive 2002/58/EC concerning the processing of Personal Data and the protection of privacy in the electronic communications sector and applicable national implementations of it (as may be amended, superseded or replaced).

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Compulsory arbitration means the procedure whereby parties involved in a labor dispute

  • the Statutes means the Companies Act and every other act (as may from time to time be amended) for the time being in force in Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • Competition Law means any Law that is designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or lessening of competition through merger or acquisition or restraint of trade.

  • Competition Laws means any federal, state, foreign, multinational or supranational antitrust, competition or trade regulation statutes, rules, regulations, orders, decrees, administrative and judicial doctrines and other laws that are designed or intended to prohibit, restrict or regulate actions or transactions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition or effectuating foreign investment.

  • Law means any statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement or rule of law of any Governmental Authority.