Common use of Semiannual Payments of Capital Components Clause in Contracts

Semiannual Payments of Capital Components. The Agency shall pay to the State, on or before January 1 of each year, one-half (1/2) of the charge to the Agency for the year under the capital component of the Delta Water Charge and one- half (1/2) of the charge to the Agency for the year under the capital component of the Transportation Charge, as such charges are stated pursuant to subdivision (b) of this article; and shall pay the remaining one-half (1/2) of each of such charges on or before July 1 of that year.

Appears in 17 contracts

Samples: www.ccwa.com, water.ca.gov, water.ca.gov

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Semiannual Payments of Capital Components. The Agency District shall pay to the State, on or before January 1 of each year, one-half (1/2) of the charge to the Agency District for the year under the capital component of the Delta Water Charge and one- half (1/2) of the charge to the Agency District for the year under the capital component of the Transportation Charge, as such charges are stated pursuant to subdivision (b) of this article; and shall pay the remaining one-half (1/2) of each of such charges on or before July 1 of that year.

Appears in 4 contracts

Samples: water.ca.gov, water.ca.gov, water.ca.gov

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