Water Commitment definition

Water Commitment means a commitment from the District to provide water service to a specific development on a specific parcel of land.
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Water Commitment means a commitment from the CSWRD to provide water service to a specific development, facility, or customer, on a specific parcel of land.
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Water Commitment means a document pursuant to which a supplier of water acknowledges that it has assumed a legal obligation to supply water to property under development or proposed to be developed for residential, commercial or industrial purposes. The document may indicate that the obligation is subject to certain conditions precedent, including, without limitation, the payment of fees, the dedication of water rights or the construction and dedication of infrastructure.
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Examples of Water Commitment in a sentence

  • The DEVELOPER shall be responsible for any difference between the Water Commitment Fees and the Water System Development Charges for the remaining fifty percent (50%) in existence as of the time of the required payment.

  • However, the Water Commitment Fees and the Developer Water Credits will be applied toward the Water System Development Charges required for the Development.

  • Payment of the Water Commitment Fees does not entitle the connection to the water system of the units within the Development for which the Water Commitment Fees are received without paying the remaining Water System Development Charges due at the time of the required payment of the remaining Water System Development Charges (the remaining fifty percent (50%)).

  • ORDINANCE approving and authorizing Settlement Agreement including terms for Water Pass- Through, Water Commitment, and Encroachment between the City of Houston, MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO.

  • The price charged to CV HIA Water Beneficiaries by the Town for a CV HIA Water Commitment made prior to the start of the second Contract Year (defined below) shall be not less than$45,000 per acre-foot (or $9,000 per residential unit permitted pursuant to each applicable subdivision plat, whichever is greater) of 100-year supply of CV HIA Water so conveyed, as upwardly adjusted pursuant to Sections 4.2 and 4.3 (the “CV HIA Water Price”).

  • The Water Rights Commitment Agreements shall provide that the CV HIA Water Beneficiaries shall remit 100 percent of payments for the CV HIA Water Commitment in cash, by wire transfer or via certified check (the “Commitment Payments”) to the Escrow Agent (defined below).

  • As an illustration, between 2014 and 2017, an average of 247 equivalent acres (or 200 MG) of recycled water were used compared to the potential 501 equivalent acres (or 408 MG).• Unmet Recycled Water Commitment: This is a measure of whether the full potential of the baseline customers’ demands can be fulfilled.

  • Payment of the Water Commitment Fees (and the undertaking of the Additional Water Improvements) shall reserve potable water capacity for the Development, provided that the DEVELOPER commences development of the Project and the Development within thirty-six (36) months after the execution of this Agreement by both parties hereto.

  • For reference: OID’s existing water commitmentsAverage Annual OID Diversions to Ag (normal hydrology) = 240,000 af Tiered II Water Commitment = 25,000 afCity of Oakdale Water Commitment = 10,000 afTotal Commitment of Available Water Supplies = 275,000 afTotal Uncommitted Water Supplies = 25,000 afAs shown, OID currently has about 25,000 acre feet of available and uncommitted water supply to meet or address any of the risk factors identified.

  • Said remittance payment to Providers shall be prorated between NBU and the City based on their respective, then-current Shared Water Commitment amount.


More Definitions of Water Commitment

Water Commitment means a commitment from the Utility to provide water service to a specific development on a specific parcel of land. Water Commitment is equivalent to “Commitment for water service”, as defined in NAC 445A.6577.
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Water Commitment means a written commitment from the Water Department to either provide or refuse water service to a specific development on a specific parcel of land.
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Related to Water Commitment

  • Revolver Commitment means, with respect to each Lender, its Revolver Commitment, and, with respect to all Lenders, their Revolver Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Dollar Commitment means, with respect to each Dollar Lender, the commitment of such Dollar Lender to make Loans denominated in Dollars hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Dollar Credit Exposure hereunder, as such commitment may be (a) reduced or increased from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender’s Dollar Commitment as of the Effective Date is set forth on Schedule 1.01(b), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Dollar Commitment, as applicable. The aggregate amount of the Lenders’ Dollar Commitments as of the Effective Date is $125,000,000.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

  • Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of the Borrower in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.