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Principles of European Contract Law [Part 1, 1995, ]

Part I - Performance, Non-performance, Remedies.

Chapter 1 - General Provisions

Article 1.101 - Application of the Principles

Article 1.102 - Exclusion or Modification of the Principles

Article 1.103 - Usages and Practices

Article 1.104 - Interpretation and Supplementation

Article 1.105 - Meaning of Terms

Article 1.106 - Good Faith and Fair Dealing

Article 1.107 - Duty to Co-operate

Article 1.108 - Reasonableness

Article 1.109 - Imputed Knowledge and Intention

Article 1.110 - Notice

Chapter 2 - Terms and Performance of the Contract

Article 2.101 - Determination of Price or other Contractual Terms

Article 2.102 - Unilateral Determination by a Party

Article 2.103 - Determination by a Third Person

Article 2.104 - Reference to a non-existent Factor

Article 2.105 - Quality of Performance

Article 2.106 - Place of Performance

Article 2.107 - Time of Performance

Article 2.108 - Early Performance

Article 2.109 - Contract for an Indefinite Period

Article 2.110 - Form of Payment

Article 2.111 - Currency of Payment

Article 2.112 - Appropriation of Performance

Article 2.113 - Property not Accepted

Article 2.114 - Money not Accepted

Article 2.115 - Stipulation in Favour of a Third Party

Article 2.116 - Performance by a Third Person

Article 2.117 - Change of Circumstances

Chapter 3 - Non-Performance and Remedies in General

Article 3.101 - Remedies Available

Article 3.102 - Cumulation of Remedies

Article 3.103 - Fundamental Non-Performance

Article 3.104 - Cure by Non-Performing Party

Article 3.105 - Assurance of Performance

Article 3.106 - Notice Fixing Additional Period For Performance

Article 3.107 - Performance Entrusted to Another

Article 3.108 - Excuse Due to an Impediment

Article 3.109 - Clause Limiting or Excluding Liability

Chapter 4 - Particular Remedies for Non-Performance

Section 1 - Right to Performance

Article 4.101 - Monetary Obligations

Article 4.102 - Non-Monetary Obligations

Article 4.103 - Damages Not-Precluded

Section 2 - Right to Withhold Performance

Article 4.201 - Right to Withhold Performance

Section 3 - Termination of the Contract

Article 4.301 - Right to Terminate the Contract

Article 4.302 - Contract to be Performed in Parts

Article 4.303 - Notice of Termination

Article 4.304 - Anticipatory Non-Performance

Article 4.305 - Effects of Termination in General

Article 4.306 - Property Reduced in Value

Article 4.307 - Recovery of Money Paid

Article 4.308 - Recovery of Property

Article 4.309 - Recovery for Performance that Cannot be Returned

Section 4 - Price Reduction

Article 4.401 - Right to Reduce the Price

Section 5 - Damages and Interest

Article 4.501 - Right to Damages

Article 4.502 - General Measure of Damages

Article 4.503 - Foreseeability

Article 4.504 - Loss Attributable to Aggrieved Party

Article 4.505 - Cover Transaction

Article 4.506 - Current Price

Article 4.507 - Delay in Payment of Money

Article 4.508 - Agreed Payment for Non-Performance

Article 4.509 - Currency by which Damages to be Measured

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Manifest

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Principles of European Contract Law

European Union

copy @ Lex Mercatoria

Part I - Performance, Non-performance, Remedies.

Chapter 1 - General Provisions

Article 1.110 - Notice

(1) Notice given pursuant to these Principles has effect if given by any means, whether in writing or otherwise, appropriate to the circumstances.

(2) If pursuant to these Principles one party gives notice to the other because of the other?s non-performance or because such non-performance is reasonably anticipated by the first party and the notice is properly dispatched or given, a delay or error in the transmission of the notice or its failure to arrive does not prevent it from having effect. The notice shall have effect from the time at which it would have arrived under normal circumstances.

(3) In any other case, notice does not have effect unless and until it reaches the person to whom it is given.

(4) For the purpose of this Article, "notice" includes a declaration, demand, request or any other form of communication.


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