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<br />. <br /> <br />. <br /> <br />- The instream flow right is not administered with respect to junior water rights until the Carve <br />Out, distributed on a monthly basis, is used up either by senior conditional water rights or junior <br />water rights.. <br /> <br />- When the Carve Out has been used up on either a monthly or annual basis, and the instream <br />flow right is not met, the instream flow right is in priority, and a call will be placed against all <br />juniors developed in excess of the Carve Out. The call will be for all available flow. <br /> <br />- If the Carve Out is not su(ficient to meet water development needs, the Board would be able to <br />convert Paragraph 4 water from instream flow protection to development uses. Such modified <br />water would no longer be subject to calL <br /> <br />su605iii.opl <br /> <br />Option III- 3 <br />