Traduções para „performing party“ no dicionário Inglês » Alemão

performing party SUBST DIR COMERC

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performing party

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performing party

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If such reasonable assurances are not given, it will constitute anticipatory repudiation, for which the performing party has various remedies, including termination.

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However, the repudiation can be retracted by the promising party so long as there has been no material change in the position of the performing party in the interim.

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When such an event occurs, the performing party to the contract is excused from having to fulfill his or her obligations.

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Instead, such an agreement constitutes a gift from the performing party to the non-performing party.

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