Capacity Reservation. The Parties agree that the purposes of this Agreement are 1) the reservation of the designated wastewater discharge capacity for the Tract, 2) the connection to the System, and 3) provision of Services to the Tract provided 4) the Developer meets the terms and conditions of this Agreement. The Capacity Reservation for the Tract shall be a total of EDUs. Unused Capacity Reservation for individual EDUs shall expire five years from the Effective Date of this Agreement. Developer may request an extension of the five-year deadline by written request to the River Authority and such extension may be provided, at the sole discretion of the River Authority, for no longer than 10 years from the Effective Date.
Appears in 2 contracts
Sources: Utility Service Agreement, Utility Service Agreement