Additional Revenues definition
Additional Revenues means, with respect to the issuance of any Parity Obligations, any or all of the following amounts:
Additional Revenues means, with respect to the issuance of any Parity Obligations, an allowance for Net Revenues (i) arising from any increase in the charges made for service from the Enterprise, adopted prior to the incurring of such Parity Obligations and effective within eighteen (18) months following the date of incurring such Parity Obligations, in an amount equal to the total amount by which the Net Revenues of the Enterprise would have been increased if such increase in charges had been in effect during the whole of the most recent completed Fiscal Year or during any more recent twelve (12) month period selected by the District, and (ii) arising from any increase in service connections to the Enterprise, prior to the incurring of such Parity Obligations, in an amount equal to the total amount by which the Net Revenues for the Enterprise would have been increased if such connections had been in existence during the whole of the most recent complete Fiscal Year or during any more recent twelve (12) month period selected by the District, all as shown by the certificate or opinion of an Independent Financial Consultant.
Additional Revenues means, with respect to the issuance of any Parity Debt, an allowance for Net Revenues (i) arising from any increase in the charges made for service from the Water System, adopted prior to the incurring of such Parity Debt and effective within eighteen (18) months following the date of incurring such Parity Debt, in an amount equal to the total amount by which the Net Revenues for the Water System would have been increased if such increase in charges had been in effect during the whole of the most recent completed Fiscal Year or during any more recent twelve (12) month period selected by the District, and (ii) arising from any increase in service connections to the Water System, prior to the incurring of such Parity Debt, in an amount equal to the total amount by which the Net Revenues for the Water System would have been increased if such connections had been in existence during the whole of the most recent complete Fiscal Year or during any more recent twelve (12) month period selected by the District, all as shown by the certificate or opinion of an Independent Financial Consultant.
Examples of Additional Revenues in a sentence
The combination of Transaction Revenues, Advertising Revenues and Additional Revenues.
For purposes of demonstrating compliance with the foregoing, Net Revenues may be adjusted (at the option of the District) to include the Additional Revenues.
In the event the Parties cannot in good faith reach agreement regarding such Additional Revenues within fifteen (15) days of AOL's request to negotiate, AOL shall have the right to terminate the Agreement immediately on written notice to Preview.
Pursuant to the Resolution, the City has pledged all Property Tax Revenues and the Additional Revenues (if applicable) (collectively, the “Pledged Property”) to the payment of the principal of and interest on the Note.
After making the payment to the Metropolitan Government described in Section 3.1 above, the Escrow Agent shall determine what portion of the funds then remaining in the Pilot Account is needed for debt service and required reserves for the Bonds for the twelve-month period ending on the last day of February of the following year and pay such amount to the Bond Trustee, but the Escrow Agent shall not use funds in the Additional Revenues Account to make such payment.
More Definitions of Additional Revenues
Additional Revenues means, in any Contract Year, the aggregate amount of Revenues received during each Contract Year less the Base Revenue Amount for such Contract Year.
Additional Revenues means, with respect to the issuance of any Bonds or Contracts, an allowance for Net Revenues: (i) arising from any increase in the
Additional Revenues means, with respect to the issuance of additional parity or subordinate debt in accordance with requirements set forth in Section B.4, an allowance for Net Revenues, arising from any increase in rates, fees, and charges for the services of the System which has become effective in the most recent Fiscal Year and is expected to continue for the duration of such proposed additional parity or subordinate debt, and which the Recipient has begun to collect, in an amount equal to the total amount by which the Net Revenues would have been increased if such increase in rates, fees, and charges had been in effect during the whole of such Fiscal Year, minus the actual amount by which the Net Revenues have been increased since such increase in rates, fees, and charges in the most recent Fiscal Year became effective.
Additional Revenues means, for any period of calculation, all interest, profits and other income received from the investment of any moneys of Metropolitan and any other revenues (other than Operating Revenues) of Metropolitan, in each case to the extent available to pay principal and Accreted Value of and interest on the Bonds during such period.
Additional Revenues means, with respect to the issuance of any Bonds or Parity Obligations, an allowance for Net Revenues (i) arising from any increase in the charges made for service from the Enterprise adopted prior to the incurring of such Bonds or Parity Obligations and effective within eighteen (18) months following the date of incurring such Bonds or Parity Obligations, in an amount equal to the total amount by which the Net Revenues would have been increased if such increase in charges had been in effect during the whole of the most recent completed Fiscal Year or during any more recent twelve (12) month period selected by the Authority, and (ii) arising from any increase in service connections to the Enterprise prior to the incurring of such Bonds or Parity Obligations, in an amount equal to the total amount by which the Net Revenues would have been increased if such connections had been in existence during the whole of the most recent completed Fiscal Year or during any more recent twelve (12) month period selected by the Authority, all as shown by the certificate or opinion of an Independent Financial Consultant.
Additional Revenues means, with respect to the issuance of any Parity Obligations, an allowance for Net Revenues arising from any increase in the charges made for service from the Enterprise which has become effective prior to the incurring of such Parity Obligations but which, during all or any part of the latest Fiscal Year or more recent period of 12 consecutive months, was not in effect, in an amount equal to the total amount by which the Net Revenues would have been increased if such increase in charges had been in effect during the whole of such Fiscal Year or such 12-month period, all as shown by the certificate or opinion of an independent certified public accountant selected by the City.
Additional Revenues means amounts not already counted as Revenues hereunder which are on deposit in the Revenue Fund or other funds of the Authority (including the Rate Stabilization Fund) and which are legally available for payment of Debt Service.