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<br />RIO GRANDE COMPACT 3
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<br />(h) "Annual Credits" are the amounts by which actual
<br />deliveries in any calendar year exceed scheduled deliveries.
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<br />(i) "Accrued Debits" are the amounts by which the sum
<br />of all annual debits exceeds the sum of all annual credits
<br />over any common period of time.
<br />
<br />(j) "Accrued Credits" are the amounts by which the
<br />sum of all annual credits exceeds the sum of all 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 and above the first diversion to lands of the Rio
<br />Grande Project, but not more than a total of 2,638,860
<br />acre feet,
<br />
<br />(1) "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 project
<br />storage which is equal to the accrued credit of Colorado,
<br />or New Mexico, or both.
<br />
<br />(n) "Unfilled Capacity" is the difference between the
<br />total physical capacity of project storage and the amount
<br />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 actually
<br />spilled from Elephant Butte Reservoir, or is released
<br />therefrom for flood control, in excess of the current
<br />demand on project storage and which does not become usable
<br />water by storage in another reservoir; provided, that actual
<br />spill of usable water cannot occur until all credit water
<br />shall have been spilled.
<br />
<br />(q) "Hypothetical Spill" is the time in any year at
<br />which usable water would have spilled from project storage
<br />if 790,000 acre feet had been released therefrom at rates
<br />proportional to the actual release in every year from the
<br />starting date to the end of the year in which hypothetical
<br />spill occurs; in computing hypothetical spill the initial
<br />condition shall be the amount of usable water in project
<br />storage at the beginning of the calendar year following 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 calendar vp",., f'All^,,,'~__
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