Pledged revenue definition

Pledged revenue means money pledged to the payment of or as security for:
Pledged revenue means money pledged to the payment of or as security for bonds or other indebtedness issued by a local govern- ment; obligations under a lease, installment sale, or other agree- ment of a local government; or certificates of participation in a debt or obligation.
Pledged revenue means revenue specifically approved by the Department and dedicated to the repayment of the loan.

Examples of Pledged revenue in a sentence

  • Pledged revenue receipts or collections by the project sponsor must exceed the amount of the repayments due to the Department unless there are other collateral provisions.

  • Pledged revenue funds are used to finance certain capital improvements to the Agency’s wholesale water system.State Water Contract Fund – is used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.

  • Pledged revenue related to this bond includes all revenue derived by the University from the levy and collection of the pledged student fee; any other student fees levied and collected to pay for the Recreation Center pledged to the payment of bonds from time to time; and membership fees imposed by the University from time to time on Recreation Center users other than Southeastern Louisiana University students.

  • All such pledged revenue of the system is hereby appropriated for the purposes of paying the principal and interest on the bonds issued pursuant to this Article.(b) Pledged revenue released from the lien of the indenture or certificate pursuant to which the bonds are issued shall be available for any other lawful purpose.

  • Pledged revenue means any revenue of the system and any General Fund revenue, including any Section 30 revenue, pledged to the payment of bonds.


More Definitions of Pledged revenue

Pledged revenue means, collectively, the District Pledged Revenue and the Authority Pledged Revenue.
Pledged revenue means project sponsor revenue specifically approved by the Department and pledged for the repayment of the loan.
Pledged revenue means, as to any series of Obligations, (A) the proceeds of such Obligations, including investment earnings, (B) proceeds of the Assessments pledged to secure the payment of such Obligations, and (C) any other legally available non-ad valorem revenue pledged, at the City Council's sole option, to secure the payment of such Obligations, as specified by this Ordinance and any resolution authorizing such Obligations.
Pledged revenue means the District Pledged Revenue and any other amounts remitted to the District Bond Trustee and pledged to the payment of District Bonds under this Agreement.
Pledged revenue means, individually or collectively, as the context requires: (a) the District No. 1 Pledged Revenue; (b) the District No. 2 Pledged Revenue; (c) the District No. 3 Pledged Revenue; (d) the ATEC No. 1 Pledged Revenue; (e) the ATEC No. 2 Pledged Revenue; and (f) the Coordinating District Pledged Revenue.
Pledged revenue means all TDD Revenues on deposit in the Revenue Fund established by the Indenture and all moneys on deposit in the Debt Service Fund established by the Indenture, together with investment earnings thereon, determined as follows:
Pledged revenue means, as provided in the WIFIA Bond Ordinance, and subject to the provisions of the WIFIA Bond Ordinance restricting or permitting the application thereof, (a) the proceeds of the sale of Parity Bonds, to the extent held in funds established or continued by the WIFIA Bond Ordinance, (b) Net Revenues and ULID Assessments and (c) the money and assets credited to the Sewer Fund and the Bond Fund and the income therefrom.