Lake Water Supply Sample Clauses

Lake Water Supply. The University, as holder of the riparian rights to appropriate water from Lake Mendota, as co-owner of the Facility, and as owner and operator of the Lake Water Supply Facilities shall: (a) allocate from the water withdrawals permitted under the water loss approval to be issued by the Wisconsin Department of Natural Resources based upon the application of Operator and the University (the “Water Loss Approval”) an amount sufficient to meet the electric energy generation and steam and chilled production water needs of the Facility (the “Lake Water Supply”), including the following: (i) the portion of the first four million gallons per day appropriated for the University Campus that is not actually being used for the operation of the Charter Street Plant and the Walnut Street Heating Plant; and (ii) the remaining four million gallons per day appropriation for the Facility; and (b) use its best efforts to withdraw from Lake Mendota and deliver the Lake Water Supply to the Facility. The specific terms and conditions of how the University shall provide the Lake Water Supply to the Facility shall be more particularly set forth in a water supply agreement to be entered into between Operator and the University prior to the Commencement Date, that incorporates the concepts described below (the “Lake Water Supply Agreement”).