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- Output_contract abstract "An output contract is an agreement in which a producer agrees to sell his or her entire production to the buyer, who in turn agrees to purchase the entire output. Example: an almond grower enters into an output contract with an almond packer: thus the producer has a "home" for output of nuts, and the packer of nuts is happy to try the particular product. The converse of this situation is a requirements contract, under which a seller agrees to supply the buyer with as much of a good or service as the buyer wants, in exchange for the buyer's agreement not to buy that good or service elsewhere.Uniform Commercial Code comment section 2-306: A term which measures the quantity by the output of the seller or the requirements of the buyer, means such actual output or requirements that may occur in good faith. Good faith cessation of production terminates any further obligations thereunder and excuses further performance by the party discontinuing production. However, the cessation of production must be in light of bankruptcy or other similar situations. The yield of less profit from a sale than expected does not excuse further performance of an output contract. See Feld vs. Henry S. Levy & Sons, Inc. (New York, 1975) or Technical Assistance International, Inc. vs. United States (U.S. Court of Appeals, 1998).".
- Output_contract wikiPageID "3125659".
- Output_contract wikiPageLength "1488".
- Output_contract wikiPageOutDegree "7".
- Output_contract wikiPageRevisionID "527965917".
- Output_contract wikiPageWikiLink Bankruptcy.
- Output_contract wikiPageWikiLink Category:Business_law.
- Output_contract wikiPageWikiLink Category:Contract_law.
- Output_contract wikiPageWikiLink Contract.
- Output_contract wikiPageWikiLink Good_faith.
- Output_contract wikiPageWikiLink Requirements_contract.
- Output_contract wikiPageWikiLink Uniform_Commercial_Code.
- Output_contract wikiPageWikiLinkText "Output contract".
- Output_contract wikiPageWikiLinkText "output contract".
- Output_contract hasPhotoCollection Output_contract.
- Output_contract wikiPageUsesTemplate Template:Business-stub.
- Output_contract wikiPageUsesTemplate Template:Contract_law.
- Output_contract wikiPageUsesTemplate Template:Unreferenced.
- Output_contract subject Category:Business_law.
- Output_contract subject Category:Contract_law.
- Output_contract hypernym Agreement.
- Output_contract type Article.
- Output_contract type Organisation.
- Output_contract type Article.
- Output_contract comment "An output contract is an agreement in which a producer agrees to sell his or her entire production to the buyer, who in turn agrees to purchase the entire output. Example: an almond grower enters into an output contract with an almond packer: thus the producer has a "home" for output of nuts, and the packer of nuts is happy to try the particular product.".
- Output_contract label "Output contract".
- Output_contract sameAs 생산고계약.
- Output_contract sameAs m.08t2yk.
- Output_contract sameAs Q7112864.
- Output_contract sameAs Q7112864.
- Output_contract wasDerivedFrom Output_contract?oldid=527965917.
- Output_contract isPrimaryTopicOf Output_contract.