N.Y. Uniform Commercial Code Law § 9-603: Agreement on Standards Concerning Rights and Duties

Section 9--603. Agreement on Standards Concerning Rights and Duties.

(a) Agreed standards. The parties may determine by agreement the

standards measuring the fulfillment of the rights of a debtor or obligor

and the duties of a secured party under a rule stated in Section 9--602

if the standards are not manifestly unreasonable.

(b) Agreed standards inapplicable to breach of peace. Subsection (a)

does not apply to the duty under Section 9--609 to refrain from

breaching the peace.