New Jersey Sample Letter for Cancellation of Contract - At Fault

• Category: Letters - Nonlegal - Cancellations
• State: Multi-State
• Control #: US-0444LR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Contract - At Fault Dear [Name], I am writing to notify you that I would like to cancel the contract between [Your Business/Organization] and [Recipient's Business/Organization], as we believe that you have acted in breach of the terms and conditions outlined in the agreement. After careful consideration and review of the contract, it has come to our attention that [details of breach]. This specific breach directly affects our ability to fulfill our obligations under the agreement and undermines the purpose of the contract itself. As per Section [XXX] of the contract, we are exercising our right to terminate the agreement due to your demonstrated failure to meet the stated obligations. This act of non-compliance has caused [describe the negative impact caused by the breach]. We understand that unforeseen circumstances can arise, and it is important to address and rectify any issues amicably. However, despite our attempts to reach a resolution, we have not received any satisfactory response or remedial action from your side. Considering the breach of contract and subsequent lack of cooperation in resolving the matter, we have no choice but to cancel the agreement effective immediately. We request that you promptly halt all activities related to the contract, including but not limited to [specific actions or services to be stopped]. We would also like to stress that any outstanding payments or obligations should be fulfilled according to the terms specified in the contract. Any failure to do so may result in legal action to recover the losses caused by the breach. Please consider this letter as the official notice of cancellation, and kindly acknowledge the receipt of this letter in writing. If you have any concerns or require any additional information, please do not hesitate to reach out to us within [number of days or business days] from the date of this letter. We sincerely regret having to take this course of action, as we value the professional relationships we establish. However, given the circumstances, we believe this is the most appropriate action to take to protect our interests. Thank you for your attention to this matter, and we hope that future business interactions will be conducted in a more satisfactory manner. Sincerely, [Your Name] [Your Title] [Your Business/Organization] Keywords: New Jersey, cancellation of contract, breach of contract, termination, non-compliance, resolution, legal action

Dear [Name], I am writing to notify you that I would like to cancel the contract between [Your Business/Organization] and [Recipient's Business/Organization], as we believe that you have acted in breach of the terms and conditions outlined in the agreement. After careful consideration and review of the contract, it has come to our attention that [details of breach]. This specific breach directly affects our ability to fulfill our obligations under the agreement and undermines the purpose of the contract itself. As per Section [XXX] of the contract, we are exercising our right to terminate the agreement due to your demonstrated failure to meet the stated obligations. This act of non-compliance has caused [describe the negative impact caused by the breach]. We understand that unforeseen circumstances can arise, and it is important to address and rectify any issues amicably. However, despite our attempts to reach a resolution, we have not received any satisfactory response or remedial action from your side. Considering the breach of contract and subsequent lack of cooperation in resolving the matter, we have no choice but to cancel the agreement effective immediately. We request that you promptly halt all activities related to the contract, including but not limited to [specific actions or services to be stopped]. We would also like to stress that any outstanding payments or obligations should be fulfilled according to the terms specified in the contract. Any failure to do so may result in legal action to recover the losses caused by the breach. Please consider this letter as the official notice of cancellation, and kindly acknowledge the receipt of this letter in writing. If you have any concerns or require any additional information, please do not hesitate to reach out to us within [number of days or business days] from the date of this letter. We sincerely regret having to take this course of action, as we value the professional relationships we establish. However, given the circumstances, we believe this is the most appropriate action to take to protect our interests. Thank you for your attention to this matter, and we hope that future business interactions will be conducted in a more satisfactory manner. Sincerely, [Your Name] [Your Title] [Your Business/Organization] Keywords: New Jersey, cancellation of contract, breach of contract, termination, non-compliance, resolution, legal action