| The production of a claim shall stop the extinctive prescription of the claim. |
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| These calculations are performed with an extinctive view of the balance sheet. |
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| We would note the new provisions in respect of legal hypothecs, extinctive prescription and arbitration clauses. |
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| Even with mild degrees of anxiety the ineffectiveness of the extinctive mechanism is striking. |
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| The duration of an extinctive prescription period can be shortened or prolonged by the agreement of the parties or of their legal representatives, but it may not be reduced below a year nor extended to more than ten years. |
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| An extinctive delay-point puts an end to an undertaking for the future. |
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| By way of example may be mentioned rules on extinctive prescription, rules regarding the time within which an appeal must be lodged or contract provisions on the time-limit for payment of a debt. |
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| It is therefore proposed to make express provision for the notions of fixed and uncertain delay-points, and suspensive and extinctive delay-points. |
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| On this point too, the existing law of extinctive prescription suffers from uncertainty, which is a cause of litigation and often interminable arguments. |
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