Such expiration, waiver or termination shall not relieve the parties of the obligations expressly stated beyond the expiration or termination of this Agreement. Acquired rights are rights that are established and supported by legal authority and that are likely to require redress for wrongs committed. 4 min read Notwithstanding the expiration or termination of the Agreement, neither party shall be exempt from all obligations arising prior to the expiration or termination of the Agreement, including payment obligations arising prior to termination. Upon expiration or termination of the Agreement, either party will return all copies of the documents and confidential information written to the other party. If the Agreement is terminated (not in full) but with respect to the terminated Territory, the foregoing provisions (with respect to the Cancelled Territory) shall remain in effect to the extent that they survive and apply in their entirety in the event of termination or expiration of the Agreement, and all non-surviving provisions pursuant to the foregoing shall terminate upon termination of the Agreement and shall no longer be in effect. It also refers to the accrued interest on the principal that a depositor places in a savings account or stock, so that after a certain period of time, the principal increases by the amount of interest earned. The termination, waiver or termination of this Agreement (with respect to all or part of its terms) shall be without prejudice to the rights of either party under the Agreement prior to its termination, waiver or termination. TO COLLECT. Literally to grow; since interest accrues on the principal. The costs incurred are those that become due and occur after the judgment of an execution. 2.-To collect is also to rise, to perform, to perform; Because the limitation period only begins to run from the cause of action. 1 bouv.
Inst. No. 861; 2 Rawle, p. 277; 10 watts, 363; Ferry. Abr. Limitation period, D 3. Unless otherwise provided, the expiration or termination of the contract does not affect provisions intended, implicitly or expressly, to survive or come into force upon expiration or termination of the contract. The term could also be used as an original or independent claim that occurs, arises, or could arise. For example: “The right of action did not arise within six years. Termination of this Agreement by either party is not an exclusive remedy; Other remedies are available to the terminating party at law and in equity. In Garratt vs.
Ikeda1 NZLR 577 [2002], no advance payment had been made at the time of cancellation. In the present case, the right to advance payment arose independently of the termination of the contract. Whether the contract was continued or not, the deposit had to be paid; It is therefore an unconditional provision. The court ruled that the seller was entitled to demand payment of the deposit as an “unconditionally vested right.” A cause of action, that is, the facts that give a person a right to judicial protection, generally arises on the day the plaintiff suffers. If the infringement is not obvious, the cause of action arises when the plaintiff actually discovers the infringement. This often happens in cases of fraud or misconduct. A woman, for example, undergoes an appendectomy. Three years after the operation, she still suffers from a dull ache on her right side. She is examined by another doctor who discovers a piece of surgical sponge near the operating area.
Although the injury occurred at the time of the operation three years earlier, in this case, the cause of the medical malpractice occurs on the day the sponge is discovered by the second doctor. This distinction is important for the expiry of the limitation period, the period established by the law within which the dispute must be commenced after a cause of action has arisen. In cases of infringement that cannot be readily discovered, it would be unfair to exclude a plaintiff from the action because he or she did not bring the action within the prescribed time from the date of the infringement. The term is also used for independent or original claims, i.e. to arise, to occur, to come into force or to exist; as in the sentence: “The right of action did not arise within six years”. Become a right or a current application; to occur. For example, a woman undergoes an appendectomy, and three years later she still feels pain on her right side. Another doctor examines them and finds a piece of surgical sponge at the site of surgery. Although the injury occurred three years earlier (at the time of the appendectomy), the cause of action stems from the date the injury was discovered by the other doctor. Interest accumulates on the money a depositor has in a bank savings account, so that after a certain period of time, the amount increases by the amount of interest he has earned. Source: Merriam-Webster`s Dictionary of Law ©, 1996. Licensed with Merriam-Webster, Incorporated.
It is important to observe this distinction on the basis of the limitation period, which is the period established by law within which a legal action or action must be instituted after the cause of action has arisen. For cases involving injuries that cannot be easily discovered, it is unfair to exclude the plaintiff from filing because the lawsuit did not begin within the allotted time. to engage with its customer, since a subordinated or ancillary claim or a receivable arises from and is linked to its customer. Increase; expand; come by exaltation; can be added as an increase, profit or damage. Acquired; maturity of the deadline; manufactured or exported; Ripened; occurred; receipt; Acquired; has been created; was hired. Middle English acrewen, acruwen, probably borrowed from English French *acreue “to increase”, name derived from the feminine of acreu, old participle of acreistre “to grow, to grow”, goes back to the Latin accrÄscere, from ad- ad- + crÄscere “to grow” â plus with entry in the form of a crescent 1. Increase in the accreue of the French environment, addition to a property, of the feminine of accreu, past participle of acreistre to increase Note: The limitation period begins to run when a cause of action arises. v. 1) Growth or supplementation, such as interest on debt or investment that continues to accumulate.
and (2) the emergence of the right of action. For example, the right to sue for a contract exists only if the contract is breached (and not merely suspected that it could be breached) or if the other party terminates the contract (anticipated breach). The acquired right could relate to a plea, that is to say, the facts which confer on a person the right to judicial protection and which arise from the date on which the damage suffered by the plaintiff. In cases where the infringement is not immediately apparent, the cause of action arises as soon as the infringement is definitively discovered by the plaintiff. This scenario is more common in cases of misconduct or fraud.
