Common use of <Payments for Annual Entitlement Adjustments Clause in Contracts

<Payments for Annual Entitlement Adjustments. > Payments by the District pursuant to Articles 7(d) and 7(f) shall be such that the total payments to the State for the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge during the project repayment period shall be the same as if no change in annual 40 Amended: Amendment No. 9 entitlement had been made under Article 7(c) and no decrease in water delivery had been made under Article 7(e). (1) In the event of a decreased annual entitlement to the District under Article 7(d), the District shall, in addition to the Delta Water Charge computed pursuant to subdivision (d) of this article, pay an amount which shall be the product of the amount of the decrease in the annual entitlement and the difference in the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate year in which the annual entitlement was increased under Article 7(c). The appropriate year for which the annual entitlement was so increased shall be the earliest year not offset by a decrease of annual entitlement pursuant to Article 7(d). (2) In a year in which an increased quantity of water is furnished under Article 7(f), the Delta Water Charge shall be computed pursuant to subdivision (d) of this article, and in addition the District shall pay an amount which shall be the product of such increase in quantity and the difference in the capital costs and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate previous year in which the delivery was less than the annual entitlement as provided under Article 7(e). The appropriate previous year shall be the earliest year in which such water was not delivered under Article 7(e) which has not been offset by increased delivery under Article 7(f). (3) For the purposes of this subdivision, the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge prior to December 31, 1969, shall be deemed to be three dollars and fifty cents ($3.50) per acre-foot of water less the variable operation, maintenance, power and replacement component rate computed under subdivision (c) of this article.

<Payments for Annual Entitlement Adjustments. > Payments by the District pursuant to Articles 7(d) and 7(f) shall be such that the total payments to the State for the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge during the project repayment period shall be the same as if no change in annual 40 Amended: Amendment No. 9 entitlement had been made under Article 7(c) and no decrease in water delivery had been made under Article 7(e7 (e). (1) In the event of a decreased annual entitlement to the District under Article 7(d), the District shall, in addition to the Delta Water Charge computed pursuant to subdivision (d) of this article, pay an amount which shall be the product of the amount of the decrease in the annual entitlement and the difference in the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate year in which the annual entitlement was increased under Article 7(c). The appropriate year for which the annual entitlement was so increased shall be the earliest year not offset by a decrease of annual entitlement pursuant to Article 7(d). (2) In a year in which an increased quantity of water is furnished under Article 7(f), the Delta Water Charge shall be computed pursuant to subdivision (d) of this article, and in addition the District shall pay an amount which shall be the product of such increase in quantity and the difference in the capital costs and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate previous year in which the delivery was less than the annual entitlement as provided under Article 7(e). The appropriate previous year shall be the earliest year in which such water was not delivered under Article 7(e) which has not been offset by increased delivery under Article 7(f). (3) For the purposes of this subdivision, the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge prior to December 31, 1969, shall be deemed to be three dollars and fifty cents ($3.50) per acre-foot of water less the variable operation, maintenance, power and replacement component rate computed under subdivision (c) of this article.

<Payments for Annual Entitlement Adjustments. > Payments by the District pursuant to Articles 7(d) and 7(f) shall be such that the total payments to the State for the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge during the project repayment period shall be the same as if no change in annual annual‌ 40 Amended: Amendment No. 9 entitlement had been made under Article 7(c) and no decrease in water delivery had been made under Article 7(e). (1) In the event of a decreased annual entitlement to the District under Article 7(d), the District shall, in addition to the Delta Water Charge computed pursuant to subdivision (d) of this article, pay an amount which shall be the product of the amount of the decrease in the annual entitlement and the difference in the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate year in which the annual entitlement was increased under Article 7(c). The appropriate year for which the annual entitlement was so increased shall be the earliest year not offset by a decrease of annual entitlement pursuant to Article 7(d). (2) In a year in which an increased quantity of water is furnished under Article 7(f), the Delta Water Charge shall be computed pursuant to subdivision (d) of this article, and in addition the District shall pay an amount which shall be the product of such increase in quantity and the difference in the capital costs and minimum operation, maintenance, power and replacement components of the Delta Water Charge for that year and the same components of the Delta Water Charge for the appropriate previous year in which the delivery was less than the annual entitlement as provided under Article 7(e). The appropriate previous year shall be the earliest year in which such water was not delivered under Article 7(e) which has not been offset by increased delivery under Article 7(f). (3) For the purposes of this subdivision, the capital cost and minimum operation, maintenance, power and replacement components of the Delta Water Charge prior to December 31, 1969, shall be deemed to be three dollars and fifty cents ($3.50) per acre-foot of water less the variable operation, maintenance, power and replacement component rate computed under subdivision (c) of this article.