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<br />"'. <br /> <br /> <br />cO <br />....l <br />, 'J <br />..-I tual deliveries in any calendar year exceed scheduled de- <br />(,,' liveries. <br /> <br />\._; <br /> <br />(i) "Accrued Debits" are the amounts by which the <br />sum of all annual debits exceeds the sum of aU annual <br />credits over any common period of time, <br /> <br />(j) "Accrued Credits" are the amounts by which the <br />sum of aU annual credits exceeds the sum of aU annual <br />debits over any common period of time. <br /> <br />(k) "Project Storage" is the combined capacity of <br />Elephant Butte Reservoir and all other reservoirs actually <br />available for the storage of usable water below Elephant <br />Butte Reservoir and above the first diversion to lands of <br />the Rio Grande Project, but not more than a total of <br />2,638,860 acre-feet. <br /> <br />(I) "Usable Water" is all water, exclusive of credit <br />water, which is in project storage and which is available <br />for release in accordance with irrigation demands, includ- <br />ing deliveries to Mexico. <br /> <br />(m) "Credit Water" is that amount of water in <br />project storage which is equal to the accrued credit of <br />Colorado, or New Mexico, or both. <br /> <br />(n) "Unfilled Capacity" is the difference between <br />the total physical capacity of project storage and the <br />amount of usable water then in storage. <br /> <br />(0) "Actual Release" is the amount of usable water <br />released in any calendar year from the lowest reservoir <br />comprising project storage. <br /> <br />(p) "Actual Spill" is all water which is actuaUy <br />spilled from Elephant Butte Reservoir, or is released there- <br />from for flood control, in excess of the current demand on <br />project storage and which does not become usable water <br />by storage in another reservoir; provided, that actual spill <br />of usable water cannot occur until all credit water shaH <br />have been spilled. <br /> <br />(q) "Hypothetical Spill" is the time in any year at <br />which usable water would have spilled from project stor- <br />age if 790,000 acre feet had been released therefrom at <br />rates proportional to the actual release in every year from <br />the starting date to the end of the year in which hypothet- <br />ical spill occurs; in computing hypothetical spill the initial <br />condition shaU be the amount of usable water in project <br />storage at the beginning of the calendar year foUowing the <br />effective date of this Compact, and thereafter the initial <br />condition shall be the amount of usable water in project <br />storage at the beginning of the .-:alendar year following <br />each actual spill. <br /> <br />A <br />