Laserfiche WebLink
WHEREAS, a portion of capacity of the Plant presently owned by the Gulf Coast Water t <br />i <br />Authority on behalf of the City of Galveston is subject to pending sales to other Participants, and the <br />Participants agree to incorporate this reallocation of capacity ownership into this Agreement; <br />NOW, THEREFORE, the Participants agree as follows: <br />ARTICLE 1 <br />DEFINITIONS <br />1.1 "Annual O&M Budget" is defined in Section 3.4 and Exhibit "E." <br />i <br />1.2 "Contingency Reserve" is defined in Section 4.5. <br />1.3 "C WA" means the Coastal Water Authority. <br />1.4 "Day" means the period beginning 8:00 a.m. and ending at 8:00 a.m. the next calendar <br />day or such 24 hour period agreeable to the Participant Director and the Managing Participant <br />Director. <br />1.5 "Demand Allocation" means that portion of Production Capacity measured in MGD <br />which a Participant is entitled to take during a day. <br />1.6 "Demand Allocation Factor" is the percentage of the Production Capacity which a <br />Participant is entitled to take during a day. <br />The Participants' Demand Allocation Factors are specified in the Participant Exhibits. The <br />i <br />sum of the Demand Allocation Factors of all the Participants to this Agreement at any given time, <br />including the Managing Participant, shall always total one hundred percent (100%). <br />AAEWB 10975AV I <br />February 9, 2000 <br />L.D. File No. 80-99146-01 <br />2 <br />