A Tolling Agreement is an agreement between two or more parties to a lawsuit, or a potential lawsuit, where the parties agree to “toll” or “suspend” certain rights, rules, or claims that typically govern legal actions. Some common rights, rules, and claims that may be mutually suspended by both parties include, the statute of limitations and statute of repose. “The beauty of such a fund is that the country would not have to wait for yearly allocations to fix any road because the special agency so created to warehouse the money would have enough to maintain all road networks and construct new ones across all the six geopolitical zones of the country. Despite the Federal Government’s approval of additional N64.1 billion for new features in the Lagos-Ibadan Expressway, the question many are asking is: will the road ever be delivered? WHEREAS, the Parties wish to postpone or avoid the inconvenience, expense, and distraction of possible litigation by PBSJ against Wilson, while fully preserving any rights of PBSJ that exist as of the date of this Agreement to commence legal action against Wilson at a future date, which, but for this Agreement, might otherwise be time-barred by any applicable statute of limitations, laches, and other possible time-bars and defenses based in whole or in part on the time which may elapse from the accrual of such claims to the filing of an action (all of which time-bars and defenses, including, the statute of limitations and laches, are referred to as Time Defenses);. Whether you're hiring full-time employees or freelancers, we have the documents that are required to properly onboard them into your team. It also ensures the component parts will fit together to create the product. By listing product requirements, including delivery requirements, this ensures the timely delivery of component parts for construction.