Common use of Annual Allocation Clause in Contracts

Annual Allocation. 7.1 Subject to the balance of this clause 7, as soon as practicable after each relevant Availability Announcement during the relevant Water Year, the Company must, as soon as practicable after each relevant Availability Announcement during the relevant Water Year, credit or debit the Customer’s Water Allocation Account the same volume of Water Allocation per relevant Water Entitlement as is specified per Megalitre of share component in the Availability Announcement.

Annual Allocation. 7.1 Subject to the balance of this clause 7clauses 7.2, 7.3, 7.4 and 7.6, as soon as practicable after each relevant Availability Announcement during the relevant Water Year, the Company must, as soon as practicable after in respect of each relevant Availability Announcement during class of the relevant Customer’s Water YearEntitlements, credit or debit to the Customer’s Water Allocation Account the same volume of Water Allocation per relevant Water Entitlement as is specified per Megalitre of share component in the Availability AnnouncementAnnouncement with respect to the corresponding category of Access Licence held by the Company.