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"Usable Water" is all water, exclusive of credit water, which is in project storage and which is available for release in accordance with irrigation demands, including deliveries to Mexico. "Credit Water" is that amount of water in project storage which is equal to the accrued credit of Colorado or New Mexico, or both. "Unfilled Capacity" is the difference between the total physical capacity of project storage and the amount of usable water then in storage. "Actual Release" is the amount of usable water released in any calendar year from the lowest reservoir comprising project storage. "Actual Spill" is all water which is actually spilled from Elephant Butte Reservoir, or is released therefrom for flood control, in excess of the current demand on project storage and which does not become usable water by storage in another reservoir, provided that actual spill of usable water cannot occur until all credit water shall have been spilled. "Hypothetical Spill" is the time in any year at which usable water would have spilled from project storage if 790,000 acre-feet had been released therefrom at rates proportional to the actual release in every year from the starting date to the end of the year in which hypothetical spill occurs; in computing hypothetical spill, the initial condition shall be the amount of usable water in project storage at the beginning of the calendar year following the effective date of this Compact, and thereafter the initial condition shall be the amount of usable water in project storage at the beginning of the calendar year following each actual spill. Article II This article provides for the operation and maintenance of stream gaging stations by the Rio Grande Compact Commission at 12 locations on the Rio Grande and several of its tributaries. The records for three of these stream gaging stations - the Rio Grande at San Marcial, the Rio Grande below Elephant Butte Reservoir, and the Rio Grande below Caballo 3 -12 r ~. ..> I.: ,., j v,)