Sample Letter for Cancellation of Contract - No Fault
Dear [Recipient's Name], I am writing this letter to request the cancellation of our contract, which was signed on [Contract Date]. The purpose of this letter is to inform you that both parties have mutually agreed to terminate the said contract due to no fault of either party. Based on our previous discussions, it has become evident that continuing with the contract will not be of benefit to either party. Therefore, we have decided to cancel the contract amicably and without any consequences. As per the terms and conditions outlined in the contract, there is no specific provision or fault mentioned regarding contract cancellation. Hence, the cancellation can be executed without causing any contractual disputes or financial liabilities. To ensure a smooth cancellation process, please find attached a signed copy of the original contract, which serves as an official notice of cancellation. Additionally, please acknowledge the cancellation by signing and returning the enclosed copy of this letter. Upon receipt of your signed acknowledgment, we will consider the contract officially terminated and void of any further obligations or responsibilities on the part of both parties, effective immediately from the date of this letter. We appreciate the professional relationship we have had and wish you success in your future endeavors. Should you have any questions or concerns regarding the cancellation process, please feel free to reach out. Thank you for your understanding and cooperation in this matter. Sincerely, [Your Name] [Your Title/Position] [Your Company Name] [Your Contact Information] Keywords: Delaware, sample letter, cancellation of contract, no fault, termination, amicable cancellation, contract dispute, financial liabilities, official notice, acknowledgment, termination date, professional relationship.
Dear [Recipient's Name], I am writing this letter to request the cancellation of our contract, which was signed on [Contract Date]. The purpose of this letter is to inform you that both parties have mutually agreed to terminate the said contract due to no fault of either party. Based on our previous discussions, it has become evident that continuing with the contract will not be of benefit to either party. Therefore, we have decided to cancel the contract amicably and without any consequences. As per the terms and conditions outlined in the contract, there is no specific provision or fault mentioned regarding contract cancellation. Hence, the cancellation can be executed without causing any contractual disputes or financial liabilities. To ensure a smooth cancellation process, please find attached a signed copy of the original contract, which serves as an official notice of cancellation. Additionally, please acknowledge the cancellation by signing and returning the enclosed copy of this letter. Upon receipt of your signed acknowledgment, we will consider the contract officially terminated and void of any further obligations or responsibilities on the part of both parties, effective immediately from the date of this letter. We appreciate the professional relationship we have had and wish you success in your future endeavors. Should you have any questions or concerns regarding the cancellation process, please feel free to reach out. Thank you for your understanding and cooperation in this matter. Sincerely, [Your Name] [Your Title/Position] [Your Company Name] [Your Contact Information] Keywords: Delaware, sample letter, cancellation of contract, no fault, termination, amicable cancellation, contract dispute, financial liabilities, official notice, acknowledgment, termination date, professional relationship.