Allotment Contracts definition
Examples of Allotment Contracts in a sentence
WGFP Financing Obligations incurred by the WGFP Enterprise pursuant to this authorization are special revenue obligations of the WGFP Enterprise payable solely from the amounts received by the WGFP Enterprise from the Loan Allottees under the WGFP Allotment Contracts.
The WGFP Enterprise agrees to diligently pursue the WGFP in good faith and to pursue the construction, completion, and operation of the WGFP provided that the WGFP Allottees provide all required funding under their respective WGFP Allotment Contracts, the WGFP Enterprise has the ability, and the WGFP is feasible and practical.
Allottee agrees that all WGFP Financing Costs are to be paid solely from the amounts received by the WGFP Enterprise from the Loan Allottees under the WGFP Allotment Contracts, and are not the responsibility of the WGFP Enterprise, the WGFP Allottees that did not participate in WGFP Financing to the extent that they did not participate, or the District.
No provision of this Contract shall take effect until each WGFP Allottee identified in Exhibit A duly authorizes, executes, and delivers to the WGFP Enterprise its respective WGFP Allotment Contract, and the WGFP Enterprise duly authorizes, executes, and delivers to the WGFP Allottees their respective WGFP Allotment Contracts.
In accordance with Paragraph 4(a) of the Allotment Contracts, the Allottees hereby consent to the assignment described in this Paragraph.
The Parties agree that nothing herein modifies or affects the force and effectiveness of any of the terms in the Allotment Contracts, as have been amended and supplemented.
Further complicating these transactions is the ever-present requirement by Northern Water that all transactions involving C-BT Project Class D Allotment Contracts be accomplished in full compliance with the allotment contract, the Water Conservancy Act, and the rules, regulations, policies, and procedures of Northern Water.
The terms and provisions of the WGFP Allotment Contracts for each of the WGFP Allottees will be substantially similar and in no event shall the WGFP Enterprise offer an Allotment Contract to another WGFP Allottee with more favorable provisions based on all of the terms and conditions of the WGFP Allotment Contract as a whole without first offering to Greeley the opportunity to amend this Contract to contain such favorable provisions.
As land ownership changes within the boundaries of Northern Water and the value of land and allotment contracts (acre-foot units) for C-BT Project water increases, real estate transactions, particularly those associated with land parcels to which C-BT Project Class D Allotment Contracts have been attached, are becoming more complex.
Nonemergency repairs shall be completed within thirty (30) days after receipt from the City of written notice.