Minimum Project Yield Clause Samples
The Minimum Project Yield clause sets a baseline level of output or return that a project must achieve, typically expressed as a percentage or specific quantity. In practice, this clause requires that the project consistently meets or exceeds this minimum threshold, and may trigger remedies or penalties if the yield falls short. Its core function is to protect stakeholders by ensuring the project delivers a guaranteed level of performance, thereby managing risk and providing assurance regarding expected results.
Minimum Project Yield. “Minimum project yield” shall mean the dependable annual supply of project water to be made available assuming completion of the initial project conservation facilities and additional project conservation facilities. The project’s capability of providing the minimum project yield shall be determined by the State on the basis of coordinated operations studies of initial project conservation facilities and additional project conservation facilities, which studies shall be based upon factors including but not limited to: (1) the estimated relative proportion of deliveries for agricultural use to deliveries for municipal use assuming Maximum Annual Table A Amounts 5 Latest Amendment: No. 22 for all contractors and the characteristic distributions of demands for these two uses throughout the year; and (2) agreements now in effect or as hereafter amended or supplemented between the State and the United States and others regarding the division of utilization of waters of the Delta or streams tributary thereto.
Minimum Project Yield. “Minimum project yield” shall mean the dependable annual supply of project water to be made available assuming completion of the initial project conservation facilities and additional project conservation facilities. The project’s capability of providing the minimum project yield shall be determined by the State on the basis of coordinated operations studies of initial project conservation facilities and additional project conservation facilities, which studies shall be based upon factors including but not limited to: (1) the estimated relative proportion of deliveries for agricultural use to deliveries for municipal use assuming Maximum Annual Table A Amounts for all contractors and the characteristic distributions of demands for these two uses throughout 5 Amended: Amendment 35