tender of performance

An obligor’s demonstration of readiness, willingness, and ability to perform the obligation; esp., a buyer’s demonstration of readiness, willingness, and ability to pay the purchase money, or a seller’s offer to deliver merchantable title.• An offer to perform is usu. necessary to hold the defaulting party to a contract liable for breach. [Cases: Contracts 279. C.J.S. Contracts § 548.]
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