Common use of Right of Assurance Clause in Contracts

Right of Assurance. Whenever one party to this Contract in good faith has reason to question the other party’s intent to perform, it may demand that the other party give written assurance of its intent to perform. In the event that a demand is made and no assurance is given within five (5) calendar days, the demanding party may treat this failure as an anticipatory repudiation of the Contract.

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

Right of Assurance. Whenever one party Party to this Contract in good faith has reason to question the other partyParty’s intent or ability to perform, it that Party questioning performance may demand that the other party Party give a written assurance of its this intent to perform. In the event that a demand is made and no written assurance is given within five (5) calendar days, the demanding party Party may treat this failure as an anticipatory repudiation of the Contract.

Right of Assurance. Whenever one party Party to this Contract in good faith has reason to question the other partyParty’s intent or ability to perform, it the Party questioning performance may demand that the other party Party give a written assurance of its the Party’s intent to perform. In the event that a demand is made and no written assurance is given within five (5) calendar days, the demanding party Party may treat this failure as an anticipatory repudiation of the Contract.

Right of Assurance. Whenever one party to this Contract in good faith has reason to question the other party’s 's intent to perform, it may demand that the other party give written assurance of its intent to perform. In the event that a demand is made and no assurance is given within five (5) calendar days, the demanding party may treat this failure as an anticipatory repudiation of the Contract.