Supplier's Failure to Meet Time-Is-of-the-Essence Delivery Deadline Justifies Termination and Damages

A party contracted for the delivery of certain goods to occur on a specified date, but the supplier failed to deliver by that deadline, leading the contracting party to terminate the agreement and claim damages for the resulting prejudice. The court rejected the appeal, affirming that the trial court correctly found that the contract's stipulation for a delivery date constituted a stipulation *pour l'exécution en temps voulu* (for timely performance), meaning time was of the essence, and the supplier's failure to meet this deadline justified the termination and subsequent damages awarded to the non-performing party.