§ 4-2-306 — Output, requirements, and exclusive dealings

Colorado § 4-2-306

• Jurisdiction: Colorado
• Title 04: Uniform
• Art.: Sales

Text

(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.

Legislative History

Source: L. 65: p. 1307, � 1. C.R.S. 1963: � 155-2-306.