Decree Accounting Sample Clauses

Decree Accounting a. The Secretary acknowledges the ongoing importance to the QSA of the Secretary's recently adopted Inadvertent Overrun and Payback Program, adopted , which is consistent in all material respects with that contemplated by the QSA and set forth in Exhibit B thereto. The Secretary also acknowledges that the application of such Program during the Quantification Period has been determined by each of IID, CVWD and MWD to be essential to their willingness to enter into the QSA's related agreements and this Agreement. Accordingly, so long as there is full and timely implementation of the water budget components of the QSA, the Secretary will not materially modify the Inadvertent Overrun and Payback Program for a 30 year period (during which the implementation of the California plan to reduce its use to 4.4 million acre-feet per year is anticipated), absent extraordinary circumstances such as significant Colorado River infrastructure failures, and subject to the provisions of Section 9 of this Agreement. In the event that extraordinary circumstances arise, the Secretary will consult with the Districts and other interested parties before initiating any material change. If at any time implementation of the water budget components falls short of the requirements of the QSA, the Secretary may, after consultation with the Districts and other interested parties, change or alter the Inadvertent Overrun and Payback Program, including but not limited to putting into effect an immediate payback policy for inadvertent overruns.
Sample 1
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Related to Decree Accounting

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