Common use of Water Level Clause in Contracts

Water Level. LESSEE UNDERSTANDS THAT THE WATER LEVEL IN THE LAKE WILL NOT BE CONSTANT. THE LAKE IS A WATER CONSERVATION AND HYDROELECTRIC POWER PROJECT, AND, WHILE IT IS THE DESIRE OF BRAZOS RIVER AUTHORITY TO KEEP THE LAKE AS FULL AS POSSIBLE, THE LEVEL OF WATER WILL VARY, DEPENDING ON THE AMOUNT OF WATER USED FROM THE LAKE, EVAPORATION RATES, AMOUNT OF RAINFALL AND RUNOFF IN THE BRAZOS RIVER BASIN UPSTREAM, AND OTHER FACTORS. DURING A SEVERE DROUGHT WATER LEVEL MAY DROP AS MUCH AS THIRTY FEET (30’) OR MORE BELOW THE FULL LAKE LEVEL.

Appears in 6 contracts

Samples: Residential Ground Lease, Residential Ground Lease, Residential Ground Lease

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Water Level. LESSEE UNDERSTANDS THAT THE WATER LEVEL IN THE LAKE WILL NOT BE CONSTANT. THE LAKE THIS IS A WATER CONSERVATION AND HYDROELECTRIC POWER PROJECT, AND, WHILE IT IS THE DESIRE OF THE BRAZOS RIVER AUTHORITY TO KEEP THE LAKE AS FULL AS POSSIBLE, THE LEVEL OF WATER WILL VARY, DEPENDING ON THE AMOUNT OF WATER USED FROM THE LAKE, EVAPORATION RATES, AMOUNT OF RAINFALL AND RUNOFF IN THE BRAZOS RIVER BASIN UPSTREAM, AND OTHER FACTORS. DURING A SEVERE SEVER DROUGHT WATER LEVEL MAY DROP AS MUCH AS THIRTY FEET (30’) OR MORE BELOW THE FULL LAKE LEVEL.

Appears in 2 contracts

Samples: Commercial Ground Lease, Commercial Ground Lease

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Water Level. LESSEE XXXXXX UNDERSTANDS THAT THE WATER LEVEL IN THE LAKE WILL NOT BE CONSTANT. THE LAKE THIS IS A WATER CONSERVATION AND HYDROELECTRIC POWER PROJECT, AND, WHILE IT IS THE DESIRE OF THE BRAZOS RIVER AUTHORITY TO KEEP THE LAKE AS FULL AS POSSIBLE, THE LEVEL OF WATER WILL VARY, DEPENDING ON THE AMOUNT OF WATER USED FROM THE LAKE, EVAPORATION RATES, AMOUNT OF RAINFALL AND RUNOFF IN THE BRAZOS RIVER BASIN UPSTREAM, AND OTHER FACTORS. DURING A SEVERE SEVER DROUGHT WATER LEVEL MAY DROP AS MUCH AS THIRTY FEET (30’) OR MORE BELOW THE FULL LAKE LEVEL.

Appears in 1 contract

Samples: Commercial Ground Lease

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