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.
Mississippi Sample Letter for Cancellation of Contract - No Fault
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How to fill out Sample Letter For Cancellation Of Contract - No Fault?
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FAQ
Cancellation Letter is a letter which communicates cancelling of certain arrangements which can be a Contract or a Party. A Letter for cancellation is mostly used as a business correspondence. Occasions like an event, meeting, wedding or any other social occasion also require a cancel letter.
The times you should write a cancellation letter is when you want to terminate, discontinue or cancel a service, contract, agreement, subscription or event. For instance, you may write a service cancellation letter to your internet provider because you're unhappy with their service.
It is to inform you that my plan for going to (Area/Place name) tomorrow has dropped due to the unavailability of the person I wanted to meet there. (State your actual cause and situation). It is therefore requested to kindly cancel my leave for (date). I shall report to work tomorrow on time.
We inform you that we will no longer require the services of name of company, as of date. With this notification, we comply with the minimum notice period required by our agreement. Your company has provided us with good service in the past, however, we decided to terminate our business contract due to reasons.
Cancellation Letter is a letter which communicates cancelling of certain arrangements which can be a Contract or a Party. A Letter for cancellation is mostly used as a business correspondence. Occasions like an event, meeting, wedding or any other social occasion also require a cancel letter.
A letter of cancellation demands clarity and being specific. You must add the reason you are writing this letter. A cancellation letter should be to the point. You need to be precise and add important information such as the name, address, contact number and email of the sender and receiver.
There are three common cancellation methods of cancellation: pro-rata, short-rate, and flat rate.
Letter of Cancellation TipsMake sure you include the date, the company's name and contact information, and your account number if relevant. Be polite but firm when you tell the company to cancel your account. Remember that there is a typical 30-day notice period before a cancellation is put into effect.
To cancel a contract, take the following steps:Make sure you send the cancellation notice within the time allowed.Always cancel in writing. You can use the cancellation form or send a letter.Keep a copy of your cancellation notice or letter.Send your cancellation notice by certified mail, return receipt.
