Arizona § 47-2616 Procedure on notice claiming excuse

Arizona Statutes

§ 47-2616 — Procedure on notice claiming excuse

Arizona § 47-2616

Title 47Arizona Revised Statutes

Ch. 2SALES

Art. 6Breach, Repudiation and Excuse

This text of Arizona § 47-2616 (Procedure on notice claiming excuse) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 47-2616 (2026).

Text

A.Where the buyer receives notification of a material or indefinite delay or an allocation justified under section 47-2615 he may by written notification to the seller as to any delivery concerned, and where the prospective deficiency substantially impairs the value of the whole contract under the provisions of this chapter relating to breach of installment contracts (section 47-2612), then also as to the whole:

1.Terminate and thereby discharge any unexecuted portion of the contract; or

2.Modify the contract by agreeing to take his available quota in substitution.

B.If after receipt of such notification from the seller the buyer fails so to modify the contract within a reasonable time not exceeding thirty days the contract lapses with respect to any deliveries affected.

C.The pro

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A. Where the buyer receives notification of a material or indefinite delay or an allocation justified under section 47-2615 he may by written notification to the seller as to any delivery concerned, and where the prospective deficiency substantially impairs the value of the whole contract under the provisions of this chapter relating to breach of installment contracts (section 47-2612), then also as to the whole:

1. Terminate and thereby discharge any unexecuted portion of the contract; or

2. Modify the contract by agreeing to take his available quota in substitution.

B. If after receipt of such notification from the seller the buyer fails so to modify the contract within a reasonable time not exceeding thirty days the contract lapses with respect to any deliveries affected.

C. The provisions of this section may not be negated by agreement except in so far as the seller has assumed a greater obligation under section 47-2615.