Section 2-609 of the Uniform Commercial Code provides:
(1) A contract for sale imposes an obligation on each party that the other's expectation of receiving due performance will not be impaired. When reasonable grounds for insecurity arise with respect to the performance of either party the other may in writing demand adequate assurance of due performance and until he receives such assurance may if commercially reasonable suspend any performance for which he has not already received the agreed return.
(2) Between merchants the reasonableness of grounds for insecurity and the adequacy of any assurance offered shall be determined according to commercial standards.
(3) Acceptance of any improper delivery or payment does not prejudice the aggrieved party's right to demand adequate assurance of future performance.
(4) After receipt of a justified demand failure to provide within a reasonable time not exceeding thirty days such assurance of due performance as is adequate under the circumstances of the particular case is a repudiation of the contract.
Santa Clara, California Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement: In Santa Clara, California, a Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement is a legal document that allows a party to request assurance regarding the completion of an agreement that has been delegated to another party. This notice is typically sent when one party has concerns about the ability or willingness of the delegate to fulfill their obligations under the original agreement. Keywords: Santa Clara, California, Notice of Demand, Assurance of Performance, Delegation of Performance, Agreement Different types of Santa Clara, California Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement may include: 1. Standard Notice of Demand: A straightforward notice sent by the original contracting party to the delegate, requesting assurance that they will perform as agreed upon in the delegating agreement. 2. Urgent Notice of Demand: This type of notice is sent when there is a pressing need for assurance due to time-sensitive nature of the agreement or potential harm caused by a delay in performance. 3. Mutual Notice of Demand: In certain cases, both parties may have concerns about each other's performance due to delegation. A mutual notice of demand allows both parties to request assurance from each other, ensuring their respective obligations will be fulfilled. 4. Notice of Demand with Legal Considerations: If there are legal implications surrounding the delegation of performance, such as potential breach of contract or violation of specific terms and conditions, this notice may include references to relevant legal statutes or regulations. 5. Notice of Demand for Specific Performance: In situations where monetary compensation may not be sufficient or appropriate, this notice seeks to enforce the original agreement's specific terms by demanding the delegate's direct performance. It's important to consult with legal professionals familiar with the jurisdiction and specific circumstances to ensure the appropriate notice of demand is selected and used correctly.Santa Clara, California Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement: In Santa Clara, California, a Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement is a legal document that allows a party to request assurance regarding the completion of an agreement that has been delegated to another party. This notice is typically sent when one party has concerns about the ability or willingness of the delegate to fulfill their obligations under the original agreement. Keywords: Santa Clara, California, Notice of Demand, Assurance of Performance, Delegation of Performance, Agreement Different types of Santa Clara, California Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement may include: 1. Standard Notice of Demand: A straightforward notice sent by the original contracting party to the delegate, requesting assurance that they will perform as agreed upon in the delegating agreement. 2. Urgent Notice of Demand: This type of notice is sent when there is a pressing need for assurance due to time-sensitive nature of the agreement or potential harm caused by a delay in performance. 3. Mutual Notice of Demand: In certain cases, both parties may have concerns about each other's performance due to delegation. A mutual notice of demand allows both parties to request assurance from each other, ensuring their respective obligations will be fulfilled. 4. Notice of Demand with Legal Considerations: If there are legal implications surrounding the delegation of performance, such as potential breach of contract or violation of specific terms and conditions, this notice may include references to relevant legal statutes or regulations. 5. Notice of Demand for Specific Performance: In situations where monetary compensation may not be sufficient or appropriate, this notice seeks to enforce the original agreement's specific terms by demanding the delegate's direct performance. It's important to consult with legal professionals familiar with the jurisdiction and specific circumstances to ensure the appropriate notice of demand is selected and used correctly.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
