Common use of Redistribution of Water Clause in Contracts

Redistribution of Water. All of a withdrawing Project Participant’s Water Allotment, if any, shall be subject to redistribution among the remaining Project Participants. Each remaining Project Participant shall be entitled to a pro-rated amount of the withdrawing Project Participant’s Water Allotment, if any, based upon the then applicable Water Allotment Table. Redistribution of the withdrawing Project Participant’s Water Allotment to the remaining Project Participants shall take place within sixty (60) days of the Parties receiving written notice of the withdrawing Project Participant’s intent to withdraw from this Agreement. During this sixty (60) dayperiod a Project Participant will notify the Cooperative in writing of its intent to take some or all of the withdrawing Project Participant’s Water Allotment. Any redistribution of the withdrawing Project Participant’s Water Allotment to another Project Participant must be

Redistribution of Water. All of a withdrawing Project Participant’s Water Allotment, if any, shall be subject to redistribution among the remaining Project Participants. Each remaining Project Participant shall be entitled to a pro-rated amount of the withdrawing Project Participant’s Water Allotment, if any, based upon the then applicable Water Allotment Table. Redistribution of the withdrawing Project Participant’s Water Allotment to the remaining Project Participants shall take place within sixty (60) days of the Parties receiving written notice of the withdrawing Project Participant’s intent to withdraw from this Agreement. During this sixty (60) dayperiod day period a Project Participant will notify the Cooperative in writing of its intent to take some or all of the withdrawing Project Participant’s Water Allotment. Any redistribution of the withdrawing Project Participant’s Water Allotment to another Project Participant must bethe

Redistribution of Water. All of a withdrawing Project Participant’s Water Allotment, if any, shall be subject to redistribution among the remaining Project Participants. Each remaining Project Participant shall be entitled to a pro-rated amount of the withdrawing Project Participant’s Water Allotment, if any, based upon the then applicable Water Allotment Table. Redistribution of the withdrawing Project Participant’s Water Allotment to the remaining Project Participants shall take place within sixty (60) days of the Parties receiving written notice of the withdrawing Project Participant’s intent to withdraw from this Agreement. During this sixty (60) dayperiod day period a Project Participant will notify the Cooperative Project Board in writing of its intent to take some or all of the withdrawing Project Participant’s Water Allotment. Any redistribution of the withdrawing Project Participant’s Water Allotment to another Project Participant must besome