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This is an unofficial draft of Article 2B from April 15, 1998. For the current official version, see the University of Pennsylvania Law School (Official NCCUSL) site at http://www.law.upenn.edu/library/ulc/ulc.htm SECTION 2B-607. TENDER OF DELIVERY OF COPIES. (a) In this section, "access material" means any documents, authorizations, addresses, access codes, acknowledgments, or other materials necessary for a party to obtain authorized access to, control, or possession of a copy. (b) If performance requires delivery of a copy, the party required to deliver shall tender delivery of the copy first but need not complete the delivery until the other party tenders any performance required at that time. (c) Tender of delivery of a copy requires that the tendering party put and hold a conforming copy at the other party's disposition and give the other party any notice reasonably necessary to enable it to obtain access, control, or possession of the copy. Tender must be at a reasonable hour and, if applicable, requires the tendering party to tender appropriate access material. The party receiving the tender shall furnish facilities reasonably suited to receive tender. In addition, the following rules apply: (h (1) Tender of delivery of a copy is a condition of the other party's duty to accept the copy and of that party's duty to pay. (2) Tender entitles the tendering party to acceptance of the copy and payment according to the contract. (3) All copies called for by a contract must be tendered in a single delivery and payment is due only on the tender. (4) If payment is demanded on delivery of copies or on delivery of documents of title, the right of the party receiving tender to retain or dispose of the copies or documents as against the tendering party is conditional on making the payment due. Reporter's Notes: This is a composite section which has been restructured to focus on tender and delivery of copies and to correspond to existing Article 2 rules. The Section stems from former 2B-603(c)(e) and 2B-607(c). |