§ 62A.2-306. Output, requirements and exclusive dealings
(1) A term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated estimate to any normal or otherwise comparable prior output or requirements may be tendered or demanded.
(2) A lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes unless otherwise agreed an obligation by the seller to use best efforts to supply the goods and by the buyer to use best efforts to promote their sale.
[1965 ex.s. c 157 § 2-306.]
Sections: Previous 62A.2-209 62A.2-210 62A.2-301 62A.2-302 62A.2-303 62A.2-304 62A.2-305 62A.2-306 62A.2-307 62A.2-308 62A.2-309 62A.2-310 62A.2-311 62A.2-312 62A.2-313 NextLast modified: April 7, 2009