§490:2-306 - Output, requirements and exclusive dealings.
§490:2-306 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. [L 1965, c
208, §2-306; HRS §490:2-306]