Examples of Municipal System in a sentence
Each Municipal Customer shall construct, operate and maintain its Municipal System in compliance with all applicable laws relating to design, construction, operation, maintenance, treatment and water quality.
Each Municipal Customer covenants and agrees that all payments to be made by it under this Agreement shall constitute operating expenses of its Municipal System and that all such payments shall constitute operating expenses under any and all indentures, resolutions or other instruments securing the Municipal Customer’s bond issues payable from revenues derived from the operation of its Municipal System.
The effect of this covenant is that each Municipal Customer’s obligation to make payments under this Agreement from the gross revenues of its Municipal System has priority over its obligation to make payments of the principal of and interest on any and all of such outstanding bonds.
Subject to the provisions of Section 17.1, Uncontrollable Force, each Municipal Customer shall use every reasonable effort to maintain and operate, to the fullest extent practicable, its Municipal System so as to (i) allow the District to deliver water to all Municipal Customers, Retail Customers and Contract Users in a manner that provides optimum benefit to each Municipal Customer in accordance with the Operating Plan, and (ii) avoid the necessity for the District to construct additions to the System.
Each Municipal Customer agrees to establish charges and fees for its water utility services that produce gross revenues from its Municipal System which, when combined with other legally available funds specifically designated or authorized to be used for such purposes, are sufficient to make all payments to be paid from such sources in each fiscal year, including all payments due under this Agreement.