Banked Water definition

Banked Water means 19,791 acre feet of water banked in the ground with the Semi Tropic Water Storage District and owned by GF LLC.
Banked Water means a water right, or a portion of a water right, deposited in a
Banked Water means GF LLC’s option to purchase 20,330 acre feet of water banked in the ground with the Semi Tropic Water Storage District and owned by GF LLC together with a portion of GF LLC’s existing credit with the district in an amount equal to $132,591.63, as generally contemplated in the first (1st) transaction described in the Consent Letter.

Examples of Banked Water in a sentence

  • Notwithstanding subsection (c) above, in the event that Purchaser terminates the Agreement during the Extended Inspection Period as a result of Banked Water Matters, Seller shall be entitled to receive and retain the Seventy Thousand and NO/100 dollar ($70,000.00) amount described in subsection (d)(i) above.


More Definitions of Banked Water

Banked Water means 14.937 acre feet of water banked in the ground with the Semi Tropic Water Storage District and owned by GF LLC. “Banked Water Documents” shall mean the Semi Tropic Water District letter of February 19, 2019 and the Gardiner Family Water Banking

Related to Banked Water

  • Used water means any water supplied by a public water supply system to a consumer's water system after it has passed through the service connection and is no longer under the control of the water supply official custodian.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Bottled water means water that is placed in a safety sealed container or package for human 696 consumption. Bottled water is calorie free and does not contain sweeteners or other additives except 697 that it may contain: (i) antimicrobial agents; (ii) fluoride; (iii) carbonation; (iv) vitamins, minerals, and 698 electrolytes; (v) oxygen; (vi) preservatives; and (vii) only those flavors, extracts, or essences derived 699 from a spice or fruit. "Bottled water" includes water that is delivered to the buyer in a reusable 700 container that is not sold with the water.

  • Potable water means water which meets the requirements of 35 Ill. Adm. Code 604 for drinking, culinary, and domestic purposes.

  • Recycled water or “reclaimed water” means treated or recycled waste water of a quality suitable for non-potable uses such as landscape irrigation and water features. This water is not intended for human consumption.