Common use of Future ICS Exhibits Clause in Contracts

Future ICS Exhibits. Each of the Parties to the 2007 Lower Basin Intentionally Created Surplus Agreement (“ICS Agreement”) agrees to consider and approve or reject any newly proposed or amended exhibit to the ICS Agreement within 120 days of the proposal. If a party rejects the exhibit, that party shall provide a meaningful explanation of the basis for its rejection.

Appears in 4 contracts

Samples: Agreement Concerning Colorado River Drought Contingency Management and Operations, Agreement Concerning Colorado River Drought Contingency Management and Operations, Agreement Concerning Colorado River Drought Contingency Management and Operations

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Future ICS Exhibits. Each of the Parties parties to the 2007 Lower Basin Intentionally Created Surplus Agreement (“ICS Agreement”) agrees that are a Party to this LB DCP Agreement agree to consider and approve or reject any newly proposed or amended exhibit to the ICS Agreement within 120 days of the proposal. If a party rejects the exhibit, that party shall provide a meaningful explanation of the basis for its rejection.

Appears in 1 contract

Samples: Lower Basin Drought Contingency Plan Agreement

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