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Cure
The act of correcting a breach of contract or rectifying a defective performance within a specified period.
Anticipatory Repudiation
A contractual party's indication, before their due performance time, that they will not fulfill their contractual obligations.
Substantially Impairs
Refers to a significant negative effect or reduction in the quality, value, or functionality of something.
Aggrieved Party
An individual or group that has suffered harm or infringement of rights, leading to the filing of a lawsuit or legal claim.
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