Editing Breach of contract (section)

==Right to remedy a breach==
A party in breach of contract may have the right to remedy their breach, for example if the breach itself is remediable and a provision for remedy or a time period for exercising such as right is included within the contract. In the case of Vinergy International (PVT) Ltd v Richmond Mercantile Limited FZC (2016), a clause within the contract between the disputing parties stated that "failure ... to observe any of the terms herein and to remedy the same where it is capable of being remedied within the period specified in the notice given by the aggrieved party to the party in default, calling for remedy, being a period not less than twenty (20) days" would constitute grounds for termination of the contract.<ref>England and Wales High Court (Commercial Court), [https://www.bailii.org/ew/cases/EWHC/Comm/2016/525.html Vinergy International (PVT) Ltd v Richmond Mercantile Limited FZC], [2016] EWHC 525 (Comm) (15 March 2016), accessed 2 January 2022, paragraph 11 (clause 17 within the contract)</ref> The period allowed for such a remedy may be referred to as a "cure period".<ref name=Upadhyaya>Upadhyaya, N., [https://www.allenovery.com/en-gb/global/news-and-insights/publications/termination-for-repudiatory-breach-do-contractual-notification-provisions-apply Termination for repudiatory breach: do contractual notification provisions apply?], Allen & Overy, published 17 May 2016, accessed 2 January 2022</ref> A right to make use of a cure period may not be available where the innocent party chooses to accept a repudiatory breach and therefore exercise its common law rather than its contractual rights.<ref name=Upadhyaya />