Periodic Accounting of Water Delivered by Xxxx Sample Clauses

Periodic Accounting of Water Delivered by Xxxx. After the first eight years of operations under this Agreement, and as appropriate thereafter, the Contracting Parties, with the assistance of the Technical Committee and the Management Committee, will develop a comprehensive accounting of all Water delivered under this Agreement. If it is determined that less than the quantities of Water required to be delivered during the first eight years have been delivered, and the Buyer has paid for quantities of Water that have not been delivered, then Yuba will deliver supplies of Water to the Buyer to make up for such deficiencies, on a schedule that is acceptable to the Buyer and Yuba that would not impair the ability of Yuba to make other deliveries of Water under this Agreement.
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Related to Periodic Accounting of Water Delivered by Xxxx

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  • Quarterly and Annual Reconciliation 10.6.1 The Parties acknowledge that all payments made against Monthly Bills and Supplementary Bills shall be subject to quarterly reconciliation within 30 days of the end of the quarter at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year within 30 days to take into account the Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement.

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