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\ facilities for said year shall be deemed to be the average of the adjusted value thereof at the beginning of the year and the adjusted value thereof at the end of the same year. Section 6; Second Party shall install meters at appropriate points in the pipe lines through which water produced from the water bearing lands is transported and delivered into the distribution systems of Second Party and Water Company so as to record separately the water delivered to the Water Company and water delivered into the distribution system of Second Party. Section 7s The Water Company shall be obligated to bear that portion of the cost to Second Party of producing, transporting and delivering water to both Water Company and Second Party as herein provided, computed as provided in Section 5 hereof, that the amount of water delivered to the Water Company during any calendar year bears to the total amount of water delivered in the same year to both Water Company and Second Party. Bills will be rendered by Second Party to Water Company promptly after the end of each calendar month for water delivered to Water Company during the preceding calendar month based upon the best information then available as to cost of producing, transporting and delivering said water, and Wiater Company shall promptly pay such bills. As promptly after the end of each calendar year as completion of accounting will permit, an adjustment will be made between said parties so that the total amount paid by Water Company for water delivered to it during said calendar year shall equal the portion of the cost of producing, transporting and delivering water which Water Company is obligated to bear as - 8 -