Tolled definition

Tolled means the state limitations period is suspended entirely during the pendency of a federal suit or whether the limitations period continues to run, but a plaintiff has 30 days to refile in state court if the federal case is dismissed. Artis, 138 S. Ct. at 601. The Supreme Court determined that the former reading was most appropriate, and held that if a plaintiff files a mix of federal and state claims in federal court and that court dismisses the state law claims, § 1367(d) suspends the statute of limitations for bringing those claims in state court for the period that federal case was pending plus 30 days. Id. at 608. The Court’s holding in Artis has no application here as that case did not involve a non-merits dismissal of class certification.
View Source
Tolled or “Tolling” shall mean a period of time during which all time frames and obligations of Purchaser or Seller as set forth in this Agreement are suspended in accordance with the terms of this Agreement and which suspension of time frames and obligations shall continue until the event causing the Tolling is resolved to the reasonable satisfaction of the Party seeking the benefit of a Tolling period.
View Source
Tolled means to suspend or stop temporarily.
View Source

Examples of Tolled in a sentence

  • Seller will endeavor to use Tolled Assets to manufacture applicable Products as a general practice, but Seller may use its own equipment to manufacture Products in a circumstance where a required Tolled Asset is unavailable (e.g., undergoing maintenance or repair) or if use of Seller’s own equipment will allow Seller to achieve cost savings or operating efficiencies or otherwise improve its operations.

  • Any applicable statute of limitations or other Time Defenses which apply to the Tolled Claims shall begin to run again from the specified date of termination or expiration of the Tolling Period, whichever occurs first.

  • Any product agreed to be supplied as a Tolled Product shall continue to be supplied on a Toll Manufacturing Basis unless mutually agreed by the Parties.

  • During the fulfilment of its obligations, Toll Declaration Operator shall provide technical support related to Toll Declaration for Customer in such a way that it provides On-Board Unit, and forwards electronically for NTPS the data provided by Customer about the Road Usage of every single Tolled Road Section in connection with the used On-Board Unit.

  • The parties further agree and covenant that neither party shall commence further litigation arising out of or related to any of the Tolled Claims unless and until such party gives the other party thirty days written notice of its intent to commence such litigation.

  • Buyer warrants that, as to the Tolled Volumes, Buyer shall have good title and right to transfer the same for Tolling and that the same shall be delivered free of encumbrances.

  • Reconciliation of Tolled Volume balances shall be on a monthly basis within 30 days of statement date.

  • The Tolled Period will be extended automatically for an additional three years (the “Extended Period”) unless a Party determines to terminate the Tolled Period at that Party’s sole discretion, and provides written notice at any time within the Extended Period, of a specific date, set no earlier than ten days from the date of such written notice.

  • Buyer shall be responsible for any BLM charges associated with Tolled Volumes.

  • If, in any Contract Year, Buyer fails to provide Tolled Volumes which have been requested hereunder, Buyer shall make a payment to Seller as determined by multiplying the amount of the Tolled Volumes requested but not provided, and the Toll Price.


More Definitions of Tolled

Tolled means the state limita- tions period was suspended during the pendency of the federal suit, in in addition, there was a 30-day grace period.
View Source

Related to Tolled

  • Recoupment Period means the three fiscal years completed immediately preceding the date of any applicable Recoupment Trigger Date. Notwithstanding the foregoing, the Recoupment Period additionally includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years, provided that a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine (9) to twelve (12) months would be deemed a completed fiscal year.

  • Period shall have the meaning ascribed to it in Schedule 8;

  • Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

  • Extended Period As defined in Section 9.04(b).

  • Observation Period means the period from, and including, the First Trading Date to, and including, the Valuation Time on the Valuation Date.