Mississippi Sample Letter for Cancellation of Contract - No Fault

• Category: Letters - Nonlegal - Cancellations
• State: Multi-State
• Control #: US-0442LR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Contract - No Fault Dear [Recipient's Name], I am writing this letter to formally request the cancellation of our contract without any fault on either party's behalf. The contract in question is [Contract Number] signed on [Date] between [Your Name/Organization] and [Other Party's Name/Organization]. In accordance with the terms and conditions outlined in the aforementioned contract, I refer to the provision that allows for the termination of the agreement due to unforeseen circumstances, a change in business requirements, or any other valid reason. I would like to exercise my right to cancel the contract no fault. Since the execution of the contract, there have been significant shifts in the business landscape, necessitating a reevaluation of our strategic priorities. Following careful consideration, it has become apparent that our continued partnership under this contract no longer serves our mutual interests nor aligns with our objectives. Therefore, pursuant to the aforementioned provision, I hereby notify you of our decision to cancel the contract with immediate effect. We kindly request that you acknowledge receipt of this cancellation notice and confirm that you accept the termination of the contract without any fault or liability on our part. Please consider this letter as the official notification of contract cancellation, as required by the terms outlined in our agreement. We anticipate a smooth transition and expect that any remaining obligations or outstanding matters will be resolved promptly. We appreciate the previous collaboration and trust that this cancellation will not unduly affect our professional relationship. Furthermore, we remain open to discussing alternative options for future cooperation if suitable. Kindly revert to this letter as soon as possible, acknowledging the contract cancellation and specifying the steps or arrangements required to conclude any pending matters. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Your Organization] [Contact Information] Keywords: Mississippi, cancellation of contract, no fault, termination of agreement, unforeseen circumstances, change in business requirements, rights to cancel, strategic priorities, mutual interests, official notification, outstanding matters, professional relationship, alternative options, acknowledge receipt, pending matters.

Dear [Recipient's Name], I am writing this letter to formally request the cancellation of our contract without any fault on either party's behalf. The contract in question is [Contract Number] signed on [Date] between [Your Name/Organization] and [Other Party's Name/Organization]. In accordance with the terms and conditions outlined in the aforementioned contract, I refer to the provision that allows for the termination of the agreement due to unforeseen circumstances, a change in business requirements, or any other valid reason. I would like to exercise my right to cancel the contract no fault. Since the execution of the contract, there have been significant shifts in the business landscape, necessitating a reevaluation of our strategic priorities. Following careful consideration, it has become apparent that our continued partnership under this contract no longer serves our mutual interests nor aligns with our objectives. Therefore, pursuant to the aforementioned provision, I hereby notify you of our decision to cancel the contract with immediate effect. We kindly request that you acknowledge receipt of this cancellation notice and confirm that you accept the termination of the contract without any fault or liability on our part. Please consider this letter as the official notification of contract cancellation, as required by the terms outlined in our agreement. We anticipate a smooth transition and expect that any remaining obligations or outstanding matters will be resolved promptly. We appreciate the previous collaboration and trust that this cancellation will not unduly affect our professional relationship. Furthermore, we remain open to discussing alternative options for future cooperation if suitable. Kindly revert to this letter as soon as possible, acknowledging the contract cancellation and specifying the steps or arrangements required to conclude any pending matters. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Your Organization] [Contact Information] Keywords: Mississippi, cancellation of contract, no fault, termination of agreement, unforeseen circumstances, change in business requirements, rights to cancel, strategic priorities, mutual interests, official notification, outstanding matters, professional relationship, alternative options, acknowledge receipt, pending matters.