Selected Cases by Article & Issues
Article 7.3.41 Cases
A party who reasonably believes that there will be a fundamental non-performance by the other party may demand adequate assurance of due performance and may meanwhile withhold its own performance. Where this assurance is not provided within a reasonable time the party demanding it may terminate the contract.
| Number | Issue | # Cases |
|---|---|---|
| 1 | Reasonable expectation of fundamental non-performance by other party | |
| 2 | Aggrieved party's right to demand adequate assurance of due performance | 1 |
| 2.1 | Facts amounting to adequate assurance | |
| 2.1.1 | Other party's declaration | |
| 2.1.2 | Security or guarantee from a third person | |
| 2.1.3 | Other facts | |
| 2.2 | Assurance to be given within reasonable time | |
| 2.3 | Failure to give adequate assurance | 1 |
| 3 | Aggrieved party's right to whithold performance (see also Art. 7.1.3) | 1 |