Grounds for Insecurity. Adequate Assurance of Performance: When, in Buyer’s good faith opinion, reasonable grounds for insecurity arise with respect to Seller’s performance, Buyer may demand from Seller adequate assurance of future performance. If assurance of due performance is required herein and is not timely provided by Seller, Buyer may, at its option, treat any and all Orders as repudiated by Seller.
Appears in 2 contracts
Sources: Purchase Order, Purchase Order