2006 New York Code - Repudiated, Substituted And Excused

 
  Section 2-A-403. Retraction of Anticipatory Repudiation.
    (1)  Until  the  repudiating  party's  next  performance  is  due, the
  repudiating  party  can  retract  the  repudiation  unless,  since   the
  repudiation,  the  aggrieved  party  has  canceled the lease contract or
  materially changed the aggrieved party's position or otherwise indicated
  that the aggrieved party considers the repudiation final.
    (2) Retraction may be by any method  that  clearly  indicates  to  the
  aggrieved  party that the repudiating party intends to perform under the
  lease  contract  and  includes  any  assurance  demanded  under  Section
  2-A-401.
    (3)  Retraction  reinstates a repudiating party's rights under a lease
  contract with due excuse and allowance to the aggrieved  party  for  any
  delay occasioned by the repudiation.