(1) If any tender or delivery by the lessor or the supplier is rejected because 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.
(2) 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 he seasonably notifies the lessee.
Section: Previous 11-2a-508 11-2a-509 11-2a-510 11-2a-511 11-2a-512 11-2a-513 11-2a-514 11-2a-515 11-2a-516 11-2a-517 11-2a-518 11-2a-519 11-2a-520 11-2a-521 11-2a-522 NextLast modified: October 14, 2016