New York Statutes
§ 2-612 — "Installment Contract"; Breach
Section 2--612. "Installment Contract"; Breach.\n (1) An "installment contract" is one which requires or authorizes the\ndelivery of goods in separate lots to be separately accepted, even\nthough the contract contains a clause "each delivery is a separate\ncontract" or its equivalent.\n (2) The buyer may reject any installment which is non-conforming if\nthe non-conformity substantially impairs the value of that installment\nand cannot be cured or if the non-conformity is a defect in the required\ndocuments; but if the non-conformity does not fall within subsection (3)\nand the seller gives adequate assurance of its cure the buyer must\naccept that installment.\n (3) Whenever non-conformity or default with respect to one or more\ninstallments substantially impairs the value of the whole
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Related
Processed Minerals, Inc. v. AMF Tuboscope, Inc.
123 A.D.2d 511 (Appellate Division of the Supreme Court of New York, 1986)
Nearby Sections
15
§ 2-101
Short Title§ 2-106
Definitions§ 2-203
Seals Inoperative§ 2-204
Formation in General§ 2-205
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