2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 2A4 - Performance of Lease Contract: Repudiated, Substituted and Excused
Section 2A403 - Retraction of anticipatory repudiation

     § 2A403.  Retraction of anticipatory repudiation.
        (a)  When allowable.--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.
        (b)  Method.--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 2A401 (relating to insecurity:
     adequate assurance of performance).
        (c)  Effect on contract rights.--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.