Their opinion was that the owner repudiated the contract and that the arbitration clause did not apply.
It does not appear whether the telephone talk in which the Buyer repudiated the contract was before or after October 11th , 1945
It is true that it would be inaccurate to say that the owner repudiated the contract in toto, for the letter that we have quoted assumed that the contract was binding and referred to it as fixing the liability incurred.
Eric Seiler, a lawyer for Mr. Cramer, said last night that "through its prior actions, Fox News has repudiated the contract with Cramer and he is available to appear on other programming".
Shortly after work commenced, the County repudiated the contract.
In contracts of merchants for the sale and delivery or for the manufacture and sale of marketable commodities a statement descriptive of the subject-matter, or some material incident, such as the time of shipment, is a condition precedent, upon the failure or nonperformance of which the party aggrieved may repudiate the whole contract.
A statement descriptive of the subject-matter, or of some material incident, such as the time or place of shipment, is ordinarily to be regarded as a warranty in the sense in which that term is used in insurance and maritime law, that is to say, a condition precedent upon the failure or non-performance of which the party aggrieved may repudiate the whole contract.
There was nothing in the contracts or their subject-matter indicating any intention of the parties that the stipulations as to time should be deemed of their essence; and the defendant was not justified on account of the slight delay disclosed by the record in refusing to accept the goods, or in repudiating the entire contract.
The bill, which would give the Federal Deposit Insurance Corporation the power to take over failing firms that pose a risk to the entire financial system, gives the FDIC the authority to repudiate the firm's derivatives contracts, pay the parties less than what they're owed, or transfer the contracts to another, healthy financial firm.
Late this week, for example, Trump said that he would not repudiate the six-nation nuclear arms deal with Iran, comparing it to a bad contract he would inherit and work to salvage.
