Nebraska Uniform Commercial Code 2-306

UCC 2-306

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.

Source

  • Laws 1963, c. 544, Art. II, § 2-306, p. 1718.

Annotations

  • A contract to purchase a crop on a certain number of acres and to pasture the stalks for a fixed price is not an output contract. Meyer v. Sandhills Beef, Inc., 211 Neb. 388, 318 N.W.2d 863 (1982).