Verjährungsvorbehalt
Verjährungsvorbehalt, which translates to "reservation of the statute of limitations" or "suspension of the statute of limitations," is a legal concept primarily relevant in German law and similar civil law jurisdictions. It refers to a clause within a contract or agreement that specifically addresses how the statute of limitations, the legal time limit for bringing a claim, will be handled. This clause can either suspend or interrupt the running of the statute of limitations under certain conditions.
For instance, a Verjährungsvorbehalt might state that the statute of limitations for a particular debt or claim
The validity and enforceability of a Verjährungsvorbehalt are subject to specific legal requirements. Generally, these clauses