Breach of Contract Notice

Summary

This precedent is a notice of breach of contract letter that can be used by a party to a commercial contract to provide notice that the other party is in breach of the terms of their agreement. This triggers the period for the defaulting party to cure the breach. This precedent includes practical guidance and drafting notes. Counsel should review the underlying contract for which notice of breach is being provided to ensure the proper manner of notice and that notice is sent to the proper individual or department. Review of the contract is needed for the determination of cure terms, including the period allowed for cure, which can vary based on the type of breach. This precedent presumes that contract termination will be sought if the breach is not cured. The notice should seek appropriate relief and counsel should determine if the client needs to take further action if the breach is not cured. For information regarding risk allocation, see Risk Allocation in Commercial Contracts and ...