Examples of Agreed Allocation in a sentence
Based upon the data, a true-up of the amount of Product Water delivered to MCWD as the MCWD Agreed Allocation shall occur by either crediting or debiting the anticipated amount of the MCWD Agreed Allocation for the current Calendar Year by the amount of Product Water actually delivered to MCWD as the MCWD Agreed Allocation during the prior Calendar Year less the actual MCWD Agreed Allocation for such immediately prior Calendar Year.
In the event MCWRA reasonably determines that the MCWD Agreed Allocation would not comply with Legal Requirements, the Parties shall meet and confer, using diligent good faith efforts, to develop a plan of action in accordance with the procedures set forth in Section 8.2(c) of this Agreement.
During a Critically Dry Year, taking into account and satisfying the MCWD Agreed Allocation (as the same is subject to terms of Section 9.6), CAW shall be authorized to take and receive up to 10,900 AFY, if feasible, from the Regional Desalination Project for distribution to its customers.
The Required Term Lender Parties shall be entitled to Allowed TL Claims in respect of their Initial Defense Costs in accordance with the Agreed Allocation.
The MCWD Agreed Allocation shall be estimated by the Parties at the beginning of each Calendar Year and again thereafter at least quarterly, based on the CAW Estimated Product Water Quantity for the Calendar Year and the then-Average Percentage of Salinas Basin Water in Brackish Source Water (as described in this Section 9.3).