tolling


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Related to tolling: Tolling agreement

tolling

A suspension of a statute of limitations time period.In adverse possession,the time period may be tolled while the record owner is a minor child and unable to bring a lawsuit to oust trespassers in possession of his or her property. Parties in disputes often contractually agree to toll all applicable statutes of limitations while they pursue negotiations; otherwise a rapidly approaching expiration date would force them into litigation just to avoid loss of valuable rights.

References in periodicals archive ?
Electronic Toll Collection (ETC) revolutionized tolling by allowing drivers to roll through toll booths while being charged electronically.
However, an evaluator should directly link the impairment to the expected result (death), so that the Service will have definitive proof that tolling is appropriate.
TransCore's extensive global experience with tolling systems includes more than 6,200 installed electronic toll collection lanes worldwide and 22 customer service centers.
3 billion Congestion-Relief Plan to reduce travel times by rebuilding/restoring 90 percent of the system, adding lanes to about 117 miles of existing roads, converting 20 mainline toll plazas to barrier-free Open Road Tolling, and extending I-355 south to I-80.
Electronic tolling based on satellite technology is good news for both motorists and traffic managers.
The Delaware E-ZPass Service Center is the tolling industry's first to offer 24-hour operator response to motorists and is operated by TransCore, a global leader in tolling technologies and services.
TSX:ENB) (NYSE:ENB) and the Canadian Association of Petroleum Producers (CAPP) have reached agreement on the key terms of a new incentive tolling settlement (2005 ITS) to be effective January 1, 2005, to December 31, 2009.
InTranS Group will implement the electronic toll system, consisting of 54 toll booth lanes, some of which will be equipped for high speed, open-lane tolling, enabling drivers to pay their tolls via an electronic toll tag as they pass through the toll booths without reducing their speed.
a subsidiary of Constellation Energy (NYSE:CEG), has agreed to effectively assume Dynegy's benefits and obligations related to a tolling contract with LSP-Kendall Energy, LLC through November 2008 in exchange for a lump sum payment to Constellation of $117.