§ 22-305. Terms to be specified

MD Comm L Code § 22-305 (2019) (N/A)
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An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply:

(1)    Specification must be made in good faith and within limits set by commercial reasonableness.

(2)    If a specification materially affects the other party’s performance but is not seasonably made, the other party:

(A)    Is excused for any resulting delay in its performance; and

(B)    May perform, suspend performance, or treat the failure to specify as a breach of contract.