Agreement to extend limitation—standstill agreement
Agreement to extend limitation—standstill agreement

The following Dispute Resolution precedent provides comprehensive and up to date legal information covering:

  • Agreement to extend limitation—standstill agreement

This Agreement is dated [insert day] of [insert month] 20[insert year]

Parties

  1. 1

    [Insert full name and address of individual or company name, number and address of registered office] (Party A)

  1. 2

    [Insert full name and address of individual or company name, number and address of registered office] (Party B)

each a ‘Party’ and together the ‘Parties’

The parties agree:

    1. 1

      Definitions and interpretation

      Dispute

      1. means any claim arising out of or connected with [Insert description of the dispute/circumstances giving rise to the dispute].

      Proceedings

      1. means court proceedings in England and Wales and any arbitration in relation to the Dispute.

      Period of Extension

      1. means the period which begins on the date of this Agreement and continues until it is terminated in accordance with clause 3.

      Extension Date

      1. means the date on which the Period of Extension ends, in accordance with clause 3.

      1. 1.1

        Save where the context otherwise requires, in this Agreement:

        1. 1.1.1

          words in the singular include the plural and vice versa;

        1. 1.1.2

          reference to one gender includes a reference to the other genders;

        1. 1.1.3

          any reference to a company means any company, corporation or other body corporate, wherever and however incorporated, established or domiciled;

        1. 1.1.4

          a reference to a statute or statutory provision is a reference to it as it is in force for the time being, taking account of any amendment, extension, or re-enactment, and includes any subordinate legislation for the time being

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