ICS Account definition
Examples of ICS Account in a sentence
Beginning in 2027, and each Year thereafter, the Secretary shall diminish each DCP ICS Account by three percent (3%) for the benefit of the Colorado River system.
In the event there is insufficient DCP ICS repaid under option 1, or insufficient DCP ICS in the DCP ICS Account to make the adjustment contemplated in option 2, the Secretary shall make appropriate delivery schedule adjustments consistent with Section III.D.2 to ensure that DCP ICS delivered pursuant to this Section III.F.4.b is fully repaid by the end of the fifth Year following the Year in which it was delivered.
Instruct the Secretary to reduce the DCP ICS Account from which the water was borrowed by an additional twenty percent (20%) of the amount borrowed before or during the fifth Year following the Year the water was delivered.
This Forbearance Agreement shall commence on the date of execution by all Parties and shall terminate December 31, 2025; provided, however, that any ICS remaining in an ICS Account on December 31, 2025, may be released as provided herein until December 31, 2035.
Failure to provide a usable version will result in the Exception Item being debited from your ICS Account.
When Mexico’s Water Reserve or water from any other source is converted for use in the United States in accordance with Section IX.A of Minute No. 323, Reclamation shall credit MWD’s Binational ICS Account, in accordance with Section 7.3.2 of the Interim Operating Agreement and Section 6 of the 2017 Contributed Funds Agreement.
The water would then be allowed to flow down the Muddy River to Lake ▇▇▇▇ at which point the water becomes Imported ICS credited to SNWA's ICS Account.
Pursuant to the LBOps, the maximum total amount of Extraordinary Conservation ICS, Binational ICS and DCP ICS that may be accumulated in Arizona’s ICS Account, at any time, is limited to 500,000 acre-feet, with the possibility of additional accumulation space being made available by other Lower Division States, including 100,000 acre-feet under the terms set forth in the Accumulation Limits Sharing Agreement.
After receipt by us of any transmission by you to us of imaged Items for deposit to your ICS Account, we will acknowledge by electronic means receipt of your transmission.
The Contractor may request that the amount of ICS in the Contractor's ICS Account be reduced by the amount of the overrun payback obligation in order to pay the overrun payback obligation.