Common use of Quantity Obligations Clause in Contracts

Quantity Obligations. 3.1 To effectuate a delivery under a Transaction, Seller shall schedule, or cause to be scheduled, with a Transporter; and to effectuate receipt of the Gas under that same Transaction, Buyer shall schedule, or cause to be scheduled, with a Transporter, an identical quantity of Gas, at the Delivery Point(s) for firm Transaction(s), each Gas Day. For firm Transactions, scheduling shall be for firm quantities. Such scheduled quantity shall be equal to the quantity agreed to in the applicable Transaction. Unless otherwise agreed, nothing in this Agreement, and in particular this Article 3, shall require or permit either Party to schedule Gas at a point other than a Delivery Point or in excess of the DCQ. 3.2 If on any Gas Day Seller fails to Schedule Buyer's DCQ, and as a result Gas is not delivered to Buyer, then such occurrence shall constitute a "Seller's Deficiency Default" and "Seller's Deficiency Quantity" shall be the numerical difference between Buyer's DCQ and the amount of Gas Scheduled for such Gas Day. In the event of a Seller's Deficiency Default, Seller shall pay Buyer a sum of money pursuant to the provisions of Article 11.4