Examples of Available Revenues in a sentence
Notwithstanding any other provision hereof, the Trustee and the City understand and intend that the obligation of the City to pay Rent hereunder be limited to payment from Available Revenues and will constitute a current expense of the City.
The City is obligated only to pay periodic payments under this Lease as may lawfully be made from Available Revenues.
Debt Service Payments shall be applied to the payment of the interest portion of Debt Service Charges, Administrative Expenses, and other amounts payable under the Indenture on the Obligations and shall be paid from the following sources in the following order of priority: first from Columbus TIF Revenues; second from any Assigned Income Taxes; third, from the Available Revenues; and fourth from Assigned Other Payments.
Available Revenues will be calculated and paid as set forth in Exhibit Z-1.
The Initial Transit and Corridor Investment Payment is not subject to Available Revenues and is payable in full on June 30, 2025.