Annual Minimum. Where pre-determined compensation of less than five hundred ($500.00) dollars is calculated to be payable for any calendar year pursuant to subsection 3.5.2, Hydro will, notwithstanding such calculation, pay five hundred ($500.00) dollars to War Lake with respect to that calendar year. If Daily Average Water Levels do not enter the Pre-determined Compensation Zone in a particular calendar year, no compensation will be payable for that year.
Appears in 2 contracts
Sources: Agreement Between War Lake First Nation and Manitoba and Hydro, Agreement Between War Lake First Nation and Manitoba and Hydro