Agreed Water Savings Sample Clauses

Agreed Water Savings. E.1.1. The State agrees that the water entitlement to be transferred to the Commonwealth under this Priority Project is 381,000 unit shares of Lowbidgee Supplementary Water Entitlement.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Agreed Water Savings. The Agreed Water Savings from the first tranche of this Project will be 15.5 GL in the form of HRWS. The Commonwealth’s Proportion of this will be 9 GL LTAAY of Agreed Water Savings. Agreed Water Savings from tranche 2 and tranche 3, will be agreed by the Commonwealth and the State. The amount Transferred to the Commonwealth will be 55 per cent of the Agreed Water Savings and will be specified at Item C.1.3. Notwithstanding anything else in this Project Schedule, the Parties acknowledge and agree that the Agreed Water Savings that are yet to be determined for tranche 2 and tranche 3 (if tranche 3 proceeds), will be agreed by both parties via variation to this Project Schedule in good faith in accordance with clause 16.3 of WMPA, before they will be part of this Project Schedule. The State agrees to ensure that GBCMA Transfers the Commonwealth's Proportion of the Agreed Water Savings for the Project, in accordance with Item C.1.3 and Item E. GBCMA is to acquire Water Shares from individual Irrigators who are being funded through the Project and consolidate those Water Shares and then Transfer the unencumbered HRWS to the Commonwealth in accordance with the requirements of the Project Schedule. The Parties agree that the Agreed Water Savings LTAAY and Commonwealth Proportion (Item E.1. and Item E.2.) will be calculated using the following Long Term Diversion Limit Equivalent factors (LTDLE). These factors were determined by the Xxxxxx Xxxxxxx Basin Authority on 29 November 2011 – version 2.05: Goulburn 0.950 Xxxxxx (both above and below Choke) 0.950 If the LTDLE factors for Victorian HRWS are changed by the Xxxxxx Xxxxxxx Basin Authority and they differ from the conversion factors in Item E.3.2, then the Parties will apply the new factors to calculate the entitlement transfers for this Project from that time forward. As this Project requires: the State to provide Commonwealth Funds to GBCMA; and GBCMA to use the Funds it receives from the State as grants to Irrigators for the construction of their Works, any amount that the Commonwealth may recover from the State under clause 6.3 and/or clause 17 of the Water Management Partnership Agreement includes: any amount that the State has provided to the GBCMA that has either: not been spent by the GBCMA; or has been spent by the GBCMA but not for the Project in accordance with this Project Schedule; and in respect of an Irrigator who has not completed its Works, the amount of Funding that was paid by the GBCMA to t...
Sample 1
Agreed Water Savings. D.1.1. The Agreed Water Savings from the first tranche of this Project will be 15.5 GL in the form of HRWS. The Commonwealth’s Proportion of this will be 9 GL LTAAY of Agreed Water Savings. Agreed Water Savings from tranche 2 and tranche 3, will be agreed by the Commonwealth and the State. The amount Transferred to the Commonwealth will be 55 per cent of the Agreed Water Savings and will be specified at Item C.1.3. D.1.2. Notwithstanding anything else in this Project Schedule, the Parties acknowledge and agree that the Agreed Water Savings that are yet to be determined for tranche 2 and tranche 3 (if tranche 3 proceeds), will be agreed by both parties via variation to this Project Schedule in good faith in accordance with clause 16.3 of WMPA, before they will be part of this Project Schedule.
Sample 1

Related to Agreed Water Savings

  • Cost Savings Developer shall work cooperatively with Architect, Construction Manager, subcontractors and District, in good faith, to identify appropriate opportunities to reduce the Project costs and promote cost savings. Any identified cost savings from the Guaranteed Maximum Price shall be identified by Developer, and approved in writing by the District. In the event Developer realizes a savings on any aspect of the Project, such savings shall be added to the Contingency and expended consistent with the Contingency. In addition, any portion of Allowance remaining after completion of the Project shall be added to the Contingency. If any cost savings require revisions to the Construction Documents, Developer shall work with the District and Architect with respect to revising the Construction Documents and, if necessary, obtaining the approval of DSA with respect to those revisions. Developer shall be entitled to an adjustment of Contract Time for delay in completion caused by any cost savings adopted by District pursuant to Exhibit D, if requested in writing before the approval of the cost savings.

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shall submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the general conditions with Contractor (the “Contract”) to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Following execution of the Contract and prior to commencement of construction, Tenant shall provide Landlord with a fully executed copy of the Contract for Landlord’s records. Prior to the commencement of the construction of the Tenant Improvements, and after Tenant has accepted all bids and proposals for the Tenant Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, for all of Tenant’s Agents, of the final estimated costs to be incurred or which have been incurred in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the Contractor (the “Construction Budget”), which costs shall include, but not be limited to, the costs of the Architect’s and Engineers’ fees and the Landlord Coordination Fee. The amount, if any, by which the total costs set forth in the Construction Budget exceed the amount of the Tenant Improvement Allowance is referred to herein as the “Over Allowance Amount”. In the event that an Over-Allowance Amount exists, then prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with cash in an amount equal to the Over-Allowance Amount. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the total costs set forth in the Construction Budget have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements shall change, any additional costs for such design and construction in excess of the total costs set forth in the Construction Budget shall be added to the Over-Allowance Amount and the total costs set forth in the Construction Budget, and such additional costs shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in items (i), (ii), (iii) and (iv) of Section 2.2.2.1 of this Tenant Work Letter, above, for Landlord’s approval, prior to Tenant paying such costs. All Tenant Improvements paid for by the Over-Allowance Amount shall be deemed Landlord’s property under the terms of the Lease.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Projected Operating Budget Furnish Agent, no later than thirty (30) days after the beginning of each fiscal year of Borrower commencing with fiscal year 2021, a month by month projected operating budget and cash flow of Borrower on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of Borrower, in his personal capacity, to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.

  • Water Service The Purchase Price for the Property shall include all water rights/water shares, if any, that are the legal source for Seller’s current culinary water service and irrigation water service, if any, to the Property. The water rights/water shares will be conveyed or otherwise transferred to Buyer at Closing by applicable deed or legal instruments. The following water rights/water shares, if applicable, are specifically excluded from this sale:

  • Utility Services Company agrees to pay the full cost and expense associated with its use of all utilities, including but not limited to water, sanitary sewer, electric, storm drainage, and telecommunication services.

  • Transportation Allowance When an employee is required to travel to the Hospital or to return to her home as a result of reporting to or off work between the hours of hours, (other than reporting to or off work for her regular shift) or at any time while on standby, the Hospital will pay transportation costs either by taxi or by her own vehicle at the rate of thirty-five cents ($0.35) per mile (to a maximum of fourteen dollars ($14.00)) or such greater amount as the Hospital may in its discretion determine for each trip between the aforementioned hours. The employee will provide to the Hospital satisfactory proof of payment of such taxi fare.

  • Television Equipment Recycling Program If this Contract is for the purchase or lease of covered television equipment, then Contractor certifies that it is compliance with Subchapter Z, Chapter 361 of the Texas Health and Safety Code related to the Television Equipment Recycling Program.

  • Compressed Work Week The Company and Union recognize the concept of the compressed work week. It is further understood that the compressed work week conditions will apply only to those departments that are on the compressed work week.

  • Infertility Services This plan covers the following services, in accordance with R.I. General Law §27-20-20. • Services for the diagnosis and treatment of infertility if you are:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!