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Notice By Party-Conditional Acceptance Of Retraction
NOTICE BY PARTY-CONDITIONAL ACCEPTANCE OF RETRACTION
[Date]
[First Name of Recipient] [Last Name of Recipient]
[Company's Name of Recipient]
[Address of Recipient]
[City of Recipient], [State of Recipient]
[Zip Code of Recipient]
Dear [Mr./Mrs.] [Last Name of Recipient]:
The retraction made in your letter of [Date of retraction], of the repudiation you made on [Date of repudiation], of our agreement for the sale of [Type of goods] is accepted provided you furnish adequate assurance that you will duly perform the balance of your obligations under the agreement.
As assurance of such performance, you must within [Date to respond by] days of the receipt of this letter furnish me with the following: [Description of needed action].
Dated: [Date of letter]
signature