Annual Requirement. The Parties acknowledge and agree that payments by the WCID to GBRA under this Contract will be the sole source of funds available to GBRA for all Project costs exclusive of the Capital Costs funded through bond proceeds or grants. The WCID will be obligated to pay the full amount of the Annual Requirement, subject to the available CRR and Hydro Fund balances as they relate respectively to the Non-Budgeted CRR and Repayment Requirements. The Annual Requirement shall be identified in each annual budget of GBRA and shall at all times be not less than an amount sufficient to pay or provide for the payment of the following during the applicable Annual Payment Period:
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