Contract Water Clause Samples

The "Contract Water" clause defines the specific volume of water that a buyer is obligated to purchase or a seller is required to deliver under a water supply agreement. Typically, this clause outlines the minimum and/or maximum quantities of water to be supplied over a set period, and may include provisions for adjustments based on actual usage or unforeseen circumstances. Its core practical function is to establish clear expectations for both parties regarding water delivery and purchase commitments, thereby reducing the risk of disputes and ensuring reliable resource planning.
Contract Water. Nothing in this Compact shall affect the water, and any rights therein, secured to the Tribe by Water Purchase Contract No. 232 for 7,500 acre-feet per year, dated March 15, 1938, between the Tongue River Water Users Association, the Water Conservation Board of the State of Montana and the United States, through the Secretary of the Interior. Any water entitlement pursuant to the Contract shall be in addition to and not a part of the 32,500 acre-feet per year Tribal Water Right set forth above.
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Contract Water. 2.1. The Shareholder must notify the Company of its nominated Contract Water for the first Irrigation Season in which the Shareholder requires Contract Water by no later than the preceding 15 June. Prior to July 2024, the Shareholder may increase its nominated Contract Water for an Irrigation Season by notifying the Company of the increased amount by no later than the preceding 15 June. If the Shareholder does not nominate increased Contract Water for an Irrigation Season by the preceding 15 June, its nomination for that Irrigation Season will be deemed to be the same as the last nomination given by the Shareholder under this clause 2.1. 2.2. The Shareholder acknowledges that, subject to clause 6 of this Schedule, once it has nominated a volume of Contract Water, it may not reduce its commitment to pay for that volume of Contract Water in that Irrigation Season or any subsequent Irrigation Season, irrespective of whether the Shareholder actually orders that water during the relevant Irrigation Season.
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Contract Water. 2.1. The Shareholder must notify the Company of its nominated Contract Water for the 2015/2016 Irrigation Season by 21 August 2015. The Shareholder may increase its nominated Contract Water for a subsequent Irrigation Season by notifying the Company of the increased amount by no later than the preceding 15 June. If the Shareholder does not nominate increased Contract Water for a subsequent Irrigation Season by the preceding 15 June, its nomination for that subsequent Irrigation Season will be deemed to be the same as the last nomination given by the Shareholder under this clause 2.1. 2.2. The Shareholder acknowledges that, subject to clause 2.3 of this Schedule, once it has nominated a volume of Contract Water, it may not reduce its commitment to pay for that volume of Contract Water in that Irrigation Season or any subsequent Irrigation Season, irrespective of whether the Shareholder actually orders that water during the relevant Irrigation Season. 2.3. The Shareholder may transfer all or part of its rights and obligations to nominate, order, take and pay for Contract Water (and corresponding Additional Water) for an Irrigation Season together with all or part of its rights and obligations to nominate, order, take and pay for Contract Water (and corresponding Additional Water) for all future Irrigation Seasons to another shareholder of the Company provided that by the preceding 15 June: (a) the Shareholder notifies the Company of the proposed transfer; (b) the Shareholder and the proposed transferee have signed a transfer document in a form approved or provided by the Company; and (c) The Board has approved the transfer (at its absolute discretion). Clause 6.2(b) of the Agreement shall not apply to any transfers permitted under this clause.
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Related to Contract Water

  • Contract Work Contract work means capital project work within existing plant facilities, major maintenance and/or revamp work, plant modifications and/or shutdown work, minor maintenance and/or repair work, breakdown maintenance.

  • Contractor If COUNTY elects to renegotiate this Agreement due to reduced or terminated 20 funding, CONTRACTOR shall not be obligated to accept the renegotiated terms.

  • Network Interconnection Architecture Each Party will plan, design, construct and maintain the facilities within their respective systems as are necessary and proper for the provision of traffic covered by this Agreement. These facilities include but are not limited to, a sufficient number of trunks to the point of interconnection with the tandem company, and sufficient interoffice and interexchange facilities and trunks between its own central offices to adequately handle traffic between all central offices within the service areas at a P.01 grade of service or better. The provisioning and engineering of such services and facilities will comply with generally accepted industry methods and practices, and will observe the rules and regulations of the lawfully established tariffs applicable to the services provided.

  • Interconnection Customer’s Interconnection Facilities The Interconnection Customer shall design, procure, construct, install, own and/or control the Interconnection Customer’s Interconnection Facilities described in Appendix A at its sole expense.

  • Interconnection Customer (1) Interconnection Customer shall construct and, unless otherwise indicated, shall own, the following Interconnection Facilities: None (2) In the event that, in accordance with the Interconnection Construction Service Agreement, Interconnection Customer has exercised the Option to Build, it is hereby permitted to build in accordance with and subject to the conditions and limitations set forth in that Section, the following portions of the Transmission Owner Interconnection Facilities which constitute or are part of the Customer Facility: None Ownership of the facilities built by Interconnection Customer pursuant to the Option to Build shall be as provided in the Interconnection Construction Service Agreement.