Colorado Code
Part 5 - Default
§ 4-2.5-514. Waiver of Lessee's Objections





Source: L. 91: Entire article added, p. 307, § 1, effective July 1, 1992. L. 2006: (2) amended, p. 494, § 18, effective September 1.
Uniform Statutory Source: Section 2-605.
Changes: Revised to reflect leasing practices and terminology.
Purposes: The principles applicable to the commercial practice of payment against documents (subsection 2) are explained in official comment 4 to Section 2-605, the statutory analogue to this section.
Cross Reference:
Section 2-605 official comment 4.
Definitional Cross References:
"Between merchants". Section 2-104(3).
"Goods". Section 2A-103(1)(h).
"Lessee". Section 2A-103(1)(n).
"Lessor". Section 2A-103(1)(p).
"Rights". Section 1-201(36).
"Seasonably". Section 1-204(3).
"Supplier". Section 2A-103(1)(x).
"Writing". Section 1-201(46).

Structure Colorado Code

Colorado Code

Title 4 - Uniform Commercial Code

Article 2.5 - Leases

Part 5 - Default

§ 4-2.5-501. Default: Procedure

§ 4-2.5-502. Notice After Default

§ 4-2.5-503. Modification or Impairment of Rights and Remedies

§ 4-2.5-504. Liquidation of Damages

§ 4-2.5-505. Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies

§ 4-2.5-506. Statute of Limitations

§ 4-2.5-507. Proof of Market Rent: Time and Place

§ 4-2.5-508. Lessee's Remedies

§ 4-2.5-509. Lessee's Rights on Improper Delivery; Rightful Rejection

§ 4-2.5-510. Installment Lease Contracts: Rejection and Default

§ 4-2.5-511. Merchant Lessee's Duties as to Rightfully Rejected Goods

§ 4-2.5-512. Lessee's Duties as to Rightfully Rejected Goods

§ 4-2.5-513. Cure by Lessor of Improper Tender or Delivery; Replacement

§ 4-2.5-514. Waiver of Lessee's Objections

§ 4-2.5-515. Acceptance of Goods

§ 4-2.5-516. Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable Over

§ 4-2.5-517. Revocation of Acceptance of Goods

§ 4-2.5-518. Cover; Substitute Goods

§ 4-2.5-519. Lessee's Damages for Nondelivery, Repudiation, Default and Breach of Warranty in Regard to Accepted Goods

§ 4-2.5-520. Lessee's Incidental and Consequential Damages

§ 4-2.5-521. Lessee's Right to Specific Performance or Replevin

§ 4-2.5-522. Lessee's Right to Goods on Lessor's Insolvency

§ 4-2.5-523. Lessor's Remedies

§ 4-2.5-524. Lessor's Right to Identify Goods to Lease Contract

§ 4-2.5-525. Lessor's Right to Possession of Goods

§ 4-2.5-526. Lessor's Stoppage of Delivery in Transit or Otherwise

§ 4-2.5-527. Lessor's Rights to Dispose of Goods

§ 4-2.5-528. Lessor's Damages for Nonacceptance, Failure to Pay, Repudiation, or Other Default

§ 4-2.5-529. Lessor's Action for the Rent

§ 4-2.5-530. Lessor's Incidental Damages

§ 4-2.5-531. Standing to Sue Third Parties for Injury to Goods

§ 4-2.5-532. Lessor's Rights to Residual Interest

§ 4-2.5-533. Other Measures of Damages