Common use of RIGHT TO ASSURANCE Clause in Contracts

RIGHT TO ASSURANCE. Whenever one party to this contract, in good faith, has reason to question the other party’s intent to perform, he may demand that the party give written assurance of his intent to perform. In the event that a demand is made, and no assurance is given within five (5) days, the demanding party may treat this failure as an anticipatory repudiation of the contract.

Appears in 2 contracts

Samples: www.cityofcorinth.com, www.cityofcorinth.com

AutoNDA by SimpleDocs

RIGHT TO ASSURANCE. Whenever one party to this contractIf either Party, in good faith, has reason to question the other partyParty’s intent to perform, he it may demand request that the party other Party give written assurance of his intent to perform. In the event that a demand request is made, made and no assurance is given within five (5) days, the demanding party requesting Party may treat this failure as an anticipatory repudiation of the contractthis Agreement.

Appears in 2 contracts

Samples: Master Lease Agreement, Master Sublease Agreement

RIGHT TO ASSURANCE. Whenever one a party to this contract, Agreement in good faith, faith has reason to question the other another party’s intent to perform, he the party may demand that the other party give a written assurance of his its intent to perform. In the event that a demand is made, made and no written assurance is given within five (5) days, the demanding party may treat this failure as an anticipatory repudiation or Event of Default of the contractAgreement.

Appears in 1 contract

Samples: Parking Agreement

AutoNDA by SimpleDocs

RIGHT TO ASSURANCE. Whenever one party to this contract, agreement in good faith, faith has reason to question the other party’s intent to perform, he he/she may demand that the other party give written assurance of his their intent to perform. In the event that a demand is made, made and no assurance is given within five (5) days, the demanding party may treat this failure as an anticipatory repudiation of the contractthis agreement.

Appears in 1 contract

Samples: Master Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.