KRS 355.2A-403: Retraction of anticipatory repudiation.

(1) 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.

(2) 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 KRS 355.2A-401.

(3) 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.