§490:2-611 - Retraction of anticipatory repudiation.
§490:2-611 Retraction of anticipatory
repudiation. (1) Until the repudiating party's next performance is due he
can retract his repudiation unless the aggrieved party has since the
repudiation canceled or materially changes his position or otherwise indicated
that he considers the repudiation final.
(2) Retraction may be by any method which
clearly indicates to the aggrieved party that the repudiating party intends to
perform, but must include any assurance, justifiably demanded under the
provisions of this article (section 490:2-609).
(3) Retraction reinstates the repudiating
party's rights under the contract with due excuse and allowances to the
aggrieved party for any delay occasioned by the repudiation. [L 1965, c 208,
§2-611; HRS §490:2-611]