Common use of BOR Clause in Contracts

BOR. Within six (6) years of the Execution Date, the Secretary has approved the IID's transfer of Conserved Water to the Authority under this Agreement by executing a Review and Approval Agreement substantially in the form set forth as Exhibit K. To the extent that the BOR imposes costs on the Parties for its review and approval of the IID's transfer of Conserved Water to the Authority under this Agreement, the IID and the Authority agree to share such costs equally, except that: BOR-imposed costs relating to the BOR's role in environmental review with respect to environmental mitigation shall be allocated based on the division of environmental mitigation responsibility identified in §§ 7.1(b)(ii) and 8.1(b)(ii); and any BOR-imposed costs relating to any BOR role in reviewing IID's reasonable and beneficial uses of water shall be borne solely by the IID.

Appears in 1 contract

Sources: Agreement for Transfer of Conserved Water

BOR. Within six (6) years of the Execution Date, the Secretary has approved the IID's transfer of Conserved Water to the Authority under this Agreement by executing a Review and Approval Agreement substantially in the form set forth as Exhibit K. To the extent that the BOR imposes costs on the Parties for its review and approval of the IID's transfer of Conserved Water to the Authority under this Agreement, the IID and the Authority agree to share such costs equally, ; except that: BOR-imposed costs relating to the BOR's role in environmental review with respect to environmental mitigation shall be allocated based on the division of environmental mitigation responsibility identified in §§ 7.1(b)(ii) and 8.1(b)(ii); and any BOR-imposed costs relating to any BOR role in reviewing IID's reasonable and beneficial uses of water shall be borne solely by the IID.

Appears in 1 contract

Sources: Agreement for Transfer of Conserved Water