Common use of Exchange Structures Clause in Contracts

Exchange Structures. The Parties may select from multiple exchange structures to ensure the availability of water for Solstra. In normal and wet years, the Parties may enter into one or more contemporaneous exchange(s) of Conserved Water with one or more SWP contractor(s) or other water right holders. To facilitate the availability of water for Solstra in dry and critically dry years, the Parties may enter into agreements with one or more SWP contractors or other water right holders providing for the pre-delivery of water to Solstra during wet years through designated groundwater banks, including the use of flood waters when available.