Common use of Monthly Statements Clause in Contracts

Monthly Statements. The State shall, on or before the fifteenth day of each month of each year, commencing with the Year of Initial Water Delivery to the Agency, furnish the Agency with a statement of the charges to the Agency for the preceding month under the variable operation, maintenance, power and replacement components of the Delta Water Charge and Transportation Charge. Such charges shall be determined by the State in accordance with the relevant provisions of Articles 22 and 26 of this contract, upon the basis of metered deliveries of Project Water to the Agency, except as otherwise provided in those articles.

Monthly Statements. The State shall, on or before the fifteenth day of each month of each year, commencing with the Year of Initial Water Delivery to the AgencyDistrict, furnish the Agency District with a statement of the charges to the Agency District for the preceding month under the variable operation, maintenance, power and replacement components of the Delta Water Charge and Transportation Charge. Such charges shall be determined by the State in accordance with the relevant provisions of Articles 22 and 26 of this contract, upon the basis of metered deliveries of Project Water to the AgencyDistrict, except as otherwise provided in those articles.