Examples of Water Year in a sentence
Amount has been notified, as and from each subsequent 1 July which is a Review Date, the Requested Security Amount shall be increased to the amount as nominated by Sunwater up to the Distribution Charges invoiced for the previous Water Year (or for the first Water Year, Xxxxxxxx's reasonable estimate of the Distribution Charges for that Water Year).
However, except for that amount of Water for which the Water Reservation Rate has been timely paid in accordance with Section 2.a. of this Agreement, non-use by Lessee during any Water Year shall in no way forfeit, terminate, or impair Xxxxxx’s right to the full amount of the Water in the next Water Year.
Where, in Sunwater's reasonable opinion, the Minimum Charge (if any) will apply for the Distribution Charges in any Water Year, Sunwater may render an invoice for the Minimum Charge in advance with any adjustment to be made in the last invoice for the relevant Water Year.
In the event Lessee does not require delivery of its full amount of Water in any given Water Year for any reason, including but not limited to river conditions when augmentation water is not required, Clear Creek shall be free to lease any excess Water to third parties.
Clear Creek hereby leases to Lessee up to 0.035 acre-feet of water available under the Water Rights per Water Year subject to the terms and conditions set forth in this Agreement (“Water”).