Colorado § 4-2-610 Anticipatory repudiation

Colorado Statutes

§ 4-2-610 — Anticipatory repudiation

Colorado·Title 04 Uniform·Art. Sales

When either party repudiates the contract with respect to a performance not yet due, the loss of which will substantially impair the value of the contract to the other, the aggrieved party may:

(a)For a commercially reasonable time await performance by the repudiating party; or

(b)Resort to any remedy for breach (section 4-2-703 or section 4-2-711), even though he has notified the repudiating party that he would await the latter's performance and has urged retraction; and

(c)In either case, suspend his own performance or proceed in accordance with the provisions of this article on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (section 4-2-704).

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When either party repudiates the
contract with respect to a performance not yet due, the loss of which will
substantially impair the value of the contract to the other, the aggrieved party may:

(a) For a commercially reasonable time await performance by the
repudiating party; or

(b) Resort to any remedy for breach (section 4-2-703 or section 4-2-711),
even though he has notified the repudiating party that he would await the latter's
performance and has urged retraction; and

(c) In either case, suspend his own performance or proceed in accordance
with the provisions of this article on the seller's right to identify goods to the
contract notwithstanding breach or to salvage unfinished goods (section 4-2-704).

Colorado § 4-2-610 (Anticipatory repudiation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.