Common use of LEGAL CONTROL OF SOURCES OF OFFSETS Clause in Contracts

LEGAL CONTROL OF SOURCES OF OFFSETS. With respect to Future Groundwater Diversions, a Water Rights Owning Party shall have legal control of sources of offsets in an amount not less than its total reasonably anticipated annual diversions prior to commencing those diversions. Nothing in this Article 7.3.2.5 shall affect the obligation of any Party to provide offsets in the full amounts required by Article 7.1. 7.3.3. TAOS VALLEY TRIBUTARY OFFSETS. 7.3.3.1. MITIGATION WELL SYSTEM.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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