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.
The District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement is a legal document used in Washington, D.C. to address situations where one party to an agreement has delegated their performance obligations to a third party. The main purpose of this notice is to demand assurance from the assigning party that their performance under the agreement will be fulfilled by the delegate as promised. Keywords: District of Columbia, Notice of Demand, Assurance of Performance, Delegation of Performance, Agreement. Different types or variations of the District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement may include: 1. Urgent Notice of Demand for Assurance of Performance: This type of notice is used when immediate action is required, and there is a significant risk of non-performance due to the delegation of responsibilities. 2. Conditional Notice of Demand for Assurance of Performance: This variation is used when the demanding party wants to set conditions or specific criteria that should be met by the delegate to ensure the performance under the agreement will be carried out satisfactorily. 3. Final Notice of Demand for Assurance of Performance: This type of notice is sent as a final opportunity for the assigning party to provide assurance of performance before legal actions are pursued. It emphasizes the importance of timely resolution and warns of the consequences of non-compliance. 4. Notice of Demand for Assurance of Performance in a Subcontractor Agreement: Specifically used when a subcontractor is involved, this notice seeks assurance from the main contractor or party responsible for assigning the subcontractor that their duties will be fulfilled by the subcontractor as agreed upon. 5. Notice of Demand for Assurance of Performance in a Real Estate Agreement: This variation focuses on situations where the performance under a real estate agreement, such as a lease or purchase agreement, has been delegated to another party. The notice aims to ensure the smooth execution of the agreement without any potential risks or issues caused by the delegation. These different types of District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement cater to various specific scenarios and provide relevant legal frameworks for demanding parties seeking assurance when performance obligations have been delegated.The District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement is a legal document used in Washington, D.C. to address situations where one party to an agreement has delegated their performance obligations to a third party. The main purpose of this notice is to demand assurance from the assigning party that their performance under the agreement will be fulfilled by the delegate as promised. Keywords: District of Columbia, Notice of Demand, Assurance of Performance, Delegation of Performance, Agreement. Different types or variations of the District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement may include: 1. Urgent Notice of Demand for Assurance of Performance: This type of notice is used when immediate action is required, and there is a significant risk of non-performance due to the delegation of responsibilities. 2. Conditional Notice of Demand for Assurance of Performance: This variation is used when the demanding party wants to set conditions or specific criteria that should be met by the delegate to ensure the performance under the agreement will be carried out satisfactorily. 3. Final Notice of Demand for Assurance of Performance: This type of notice is sent as a final opportunity for the assigning party to provide assurance of performance before legal actions are pursued. It emphasizes the importance of timely resolution and warns of the consequences of non-compliance. 4. Notice of Demand for Assurance of Performance in a Subcontractor Agreement: Specifically used when a subcontractor is involved, this notice seeks assurance from the main contractor or party responsible for assigning the subcontractor that their duties will be fulfilled by the subcontractor as agreed upon. 5. Notice of Demand for Assurance of Performance in a Real Estate Agreement: This variation focuses on situations where the performance under a real estate agreement, such as a lease or purchase agreement, has been delegated to another party. The notice aims to ensure the smooth execution of the agreement without any potential risks or issues caused by the delegation. These different types of District of Columbia Notice of Demand for Assurance of Performance Due to Delegation of Performance of Agreement cater to various specific scenarios and provide relevant legal frameworks for demanding parties seeking assurance when performance obligations have been delegated.
