Examples of Delivered in a sentence
The price for the Water leased by Lessee pursuant to this Agreement is a Delivered Base Rate of $2,500.00 per acre foot of water per Water Year (“Delivered Base Rate”).
Computershare Trust Company, National Association hereby accepts its appointment as Collateral Custodian hereunder, acknowledges that it is bound by the terms and conditions of this Agreement and agrees that it shall hold all Receivable Files Delivered to it or otherwise in its possession pursuant to this Agreement for the benefit of the Indenture Trustee under the terms of this Agreement.
The base rate for water made available to Lessee under this Agreement but not delivered because Lessee does not request delivery in its Projected Monthly Water Augmentation Notice will be one-half the Delivered Base Rate – that is, $1,250 per acre-foot today, based on the current Delivered Base Rate (“Water Reservation Rate”).
Beginning in the 2025 – 2026 Water Year, for each year in which the Lessee leases water under this Agreement, the Delivered Base Rate will be adjusted annually for inflation in accordance with the Denver-Aurora-Lakewood metropolitan area Consumer Price index for All Items, All Urban Consumers (CPI-U) published by the United States Department of Commerce (or, if that is unavailable, the most nearly applicable index selected at the discretion of Clear Creek).
During the term of this Agreement, whenever Clear Creek adopts a new water rate schedule, the Delivered Base Rate automatically will change to Clear Creek’s then-current water rate.