Contracting Landowners Sample Clauses

Contracting Landowners. The IID has (i) within eighteen (18) months of the Execution Date, entered into subscriptions with Landowners, expressly conditioned upon the IID's compliance with environmental laws pursuant to Article 9 of this Agreement, expressing Landowners' interest in undertaking Water Conservation efforts, and (ii) no later than one hundred twenty (120) days after satisfaction of the conditions described in §§ 7.1(b)(i)(A) and (B) and 8.1(b)(i)(A) and (B), the IID has entered into contracts with the Landowners that call for, or are expected to yield when the Water Conservation efforts have been fully implemented, at least one hundred thirty thousand (130,000) AFY of Conserved Water, which contracts may remain subject to satisfaction of all conditions set forth in Articles 7 and 8.