Common use of Performance Obligation and Contract Quantity Clause in Contracts

Performance Obligation and Contract Quantity. During the Delivery Period, Seller shall sell to Buyer, and Buyer shall purchase from Seller, on a Firm basis, the Contract Quantity specified below, which includes both the heating value of the RNG and all Environmental Attributes associated with the RNG, at the Delivery Point and on the terms set forth in the Contract and as modified by the Additional Terms set forth below: COD Delivery Requirement [Between the Commercial Operation Date and the end of the calendar year in which the Commercial Operation Date occurs,] 6 Seller shall deliver to Buyer no less than the Annual Contract Quantity (set forth below) prorated based on the number of days in such period of time (the “[COD]7 Delivery Requirement”), except to the extent such deliveries are excused by an event of Force Majeure. Firm (Fixed Quantity): Annual Contract Quantity: [________] MMBtu/year Maximum Daily Quantity: [________] MMBtu/Day Firm quantities are not subject to seasonal adjustment. Buyer shall have no obligation to purchase and Seller shall have no obligation to deliver volumes of Gas in excess of the Annual Contract Quantity. Scheduling/

Appears in 2 contracts

Sources: Transaction Confirmation, Transaction Confirmation