(a) If a tender or delivery by the lessor or the supplier is rejected because it is nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure and may then make a conforming delivery within the time provided in the lease contract.
(b) If the lessee rejects a nonconforming tender that the lessor or the supplier had reasonable grounds to believe would be acceptable with or without money allowance, the lessor or the supplier may have a further reasonable time to substitute a conforming tender if the lessor or supplier seasonably notifies the lessee.
Section: Previous 45.12.506 45.12.507 45.12.508 45.12.509 45.12.510 45.12.511 45.12.512 45.12.513 45.12.514 45.12.515 45.12.516 45.12.517 45.12.518 45.12.519 45.12.520 NextLast modified: November 15, 2016