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Empire National Bank v. United Penn Bank

Appellate Division of the Supreme Court of New York, Second Department
May 26, 1981
81 A.D.2d 904 (N.Y. App. Div. 1981)

Summary

finding waiver of thirty day limitation period for reaching agreement because of "continuing efforts" to reach agreement "well after" expiration of the period

Summary of this case from Granite Computer Leasing Corp. v. Travelers Indem.

Opinion

May 26, 1981


In an action to recover damages for breach of contract, defendant appeals from an order and judgment (one paper) of the Supreme Court, Orange County, entered December 22, 1980, which, inter alia, granted plaintiff's motion for summary judgment. Order and judgment affirmed, with $50 costs and disbursements. The disputed clause of the contract provides, inter alia, that the agreement shall be "subject only to the requirement that documentation be prepared sufficient in the opinion of both parties as shall be needed to transfer the interests of Empire in the Leisure Time loan to United" (emphasis supplied). The clause is unambiguous and refutes defendant's claim that its obligations thereunder were intended to be conditioned upon the successful completion of negotiations with third parties. In addition, defendant's belated contention that plaintiff had failed to fulfill its contractual obligation to "close" the agreement within the time limited in paragraph 4 thereof is similarly insufficient to defeat summary judgment, since the only evidence submitted on the issue reveals a mutual waiver of the 30-day requirement through the continuing efforts of both parties, without protest, to conclude the agreement well after the contractual time period had expired (cf. Schenectady Steel Co. v Trimpoli Gen. Constr. Co., 43 A.D.2d 234, affd 34 N.Y.2d 939). Titone, J.P., Gibbons, Gulotta and Margett, JJ., concur.


Summaries of

Empire National Bank v. United Penn Bank

Appellate Division of the Supreme Court of New York, Second Department
May 26, 1981
81 A.D.2d 904 (N.Y. App. Div. 1981)

finding waiver of thirty day limitation period for reaching agreement because of "continuing efforts" to reach agreement "well after" expiration of the period

Summary of this case from Granite Computer Leasing Corp. v. Travelers Indem.
Case details for

Empire National Bank v. United Penn Bank

Case Details

Full title:EMPIRE NATIONAL BANK, Respondent, v. UNITED PENN BANK, Appellant

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: May 26, 1981

Citations

81 A.D.2d 904 (N.Y. App. Div. 1981)

Citing Cases

Granite Computer Leasing Corp. v. Travelers Indem.

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