Veat Notice

In business, a veat notice is a type of notification sent to a supplier or vendor to inform them that their services are no longer required. This notice typically includes the date on which the decision was made to cancel the contract, as well as any relevant details about why the contract is being terminated. The veat notice may also include information about how the cancellation will be effectuated, such as whether the supplier will be given a chance to remedy the situation or if their services will be immediately discontinued. In some cases, a veat notice may also request that the supplier provide a detailed list of all outstanding invoices so that these can be paid in full.