(1) The time for shipment or delivery or any other action under a contract if not provided in this title or agreed upon shall be a reasonable time.
(2) Where the contract provides for successive performances but is indefinite in duration it is valid for a reasonable time but unless otherwise agreed may be terminated at any time by either party.
(3) Termination of a contract by one party except on the happening of an agreed event requires that reasonable notification be received by the other party and an agreement dispensing with notification is invalid if its operation would be unconscionable.
Structure Maryland Statutes
Subtitle 3 - General Obligation and Construction of Contract
Section 2-301 - General Obligations of Parties
Section 2-302 - Unconscionable Contract or Clause
Section 2-303 - Allocation or Division of Risks
Section 2-304 - Price Payable in Money, Goods, Realty, or Otherwise
Section 2-305 - Open Price Term
Section 2-306 - Output, Requirements and Exclusive Dealings
Section 2-307 - Delivery in Single Lot or Several Lots
Section 2-308 - Absence of Specified Place for Delivery
Section 2-309 - Absence of Specific Time Provisions; Notice of Termination
Section 2-310 - Open Time for Payment or Running of Credit; Authority to Ship Under Reservation
Section 2-311 - Options and Cooperation Respecting Performance
Section 2-312 - Warranty of Title and Against Infringement; Buyer's Obligation Against Infringement
Section 2-313 - Express Warranties by Affirmation, Promise, Description, Sample
Section 2-314 - Implied Warranty; Merchantability; Usage of Trade
Section 2-316 - Exclusion or Modification of Warranties
Section 2-316.1 - Limitation of Exclusion or Modification of Warranties to Consumers
Section 2-317 - Cumulation and Conflict of Warranties Express or Implied
Section 2-318 - Third Party Beneficiaries of Warranties Express or Implied
Section 2-319 - f.o.b. and f.a.s. Terms
Section 2-320 - c.i.f. and C. & F. Terms
Section 2-322 - Delivery "Ex-Ship"
Section 2-323 - Form of Bill of Lading Required in Overseas Shipment; "Overseas"
Section 2-324 - "No Arrival, No Sale" Term
Section 2-325 - "Letter of Credit" Term; "Confirmed Credit"
Section 2-326 - Sale on Approval and Sale or Return
Section 2-327 - Special Incidents of Sale on Approval and Sale or Return