Common use of Revenue Allocation Clause in Contracts

Revenue Allocation. Revenues generated by ClipperSM during any period of time, including interest earnings on funds held by the clearinghouse and excluding fare revenues or parking fees collected on behalf of and distributed to Operators, shall be utilized as follows:

Appears in 2 contracts

Samples: Understanding Regarding Operations and Maintenance, Understanding Regarding Operations and Maintenance

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Revenue Allocation. Revenues generated by ClipperSM Clipper® during any period of time, including interest earnings on funds held by the clearinghouse and excluding fare revenues or parking fees collected on behalf of and distributed to Operators, shall be utilized as follows:

Appears in 2 contracts

Samples: Understanding Regarding Operations and Maintenance, clipper.mtc.ca.gov

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