Excess Receipts definition

Excess Receipts means, with respect to any Payment Date, any amounts remaining in the Revenue Fund after all other amounts therein have otherwise been paid out or disbursed on such Payment Date pursuant to Section 5.05(c) clauses First through Seventeenth hereof and the owner of which shall be the Seller, subject, however, to the proviso set forth in Section 5.05(c) clause Eighteenth.
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Excess Receipts has the meaning given to it in Clause 16.2; “Excluded Issue” means any issue of Securities:
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Excess Receipts means in respect of any day and any Receipt Point, the excess, if any, of the sum of a Shipper’s Raw Gas Receipt Volumes for that Receipt Point for the day over 105 percent of the sum of the Shipper’s Authorized Raw Gas Receipt Volumes for that Receipt Point for the day.
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Examples of Excess Receipts in a sentence

  • Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions.

  • Scheduling of Excess Receipts will be in accordance with Subsection 5.3 of Rate Schedule T-1, Section 5 of Rate Schedule IT-1 and Subsection 5.1 in Rate Schedule OT-1.

  • Further, the Seller intends to treat the Reserve Fund as property separate from any interest in any trust the Seller may acquire, including but not limited to any interest in the Excess Receipts.

  • The amount of Excess Receipts greater than five percent (5%) shall be sold by Shipper and purchased by Gatherer at a purchase price equal to eighty percent (80%) of the Cash Out Price.

  • Borrower will appear in and defend at its own expense any action or proceeding which may affect Borrower's title to the Collateral, the security interest granted hereunder or the SPC's title to the Excess Receipts and the Residual Interest.

  • The Trustee and the Certificateholders acknowledge and agree that the Seller is the holder of the Residual Interest and, subject to the terms and provisions of this Agreement, shall be entitled to receive all distributions of Excess Receipts.

  • Each SPC and each Partnership is the legal and beneficial holder of the Residual Interest created under any Pooling and Servicing Agreement to which it is a party, in each case free and clear of any Lien, and each SPC and/or Partnership has the unencumbered right to receive the Excess Receipts relating to such Residual Interest.

  • Each Borrower will appear in and defend at its own expense any action or proceeding which may affect such Borrower's title to the Collateral, the security interest granted hereunder or any SPC's or Partnership's title to any Excess Receipts and/or Residual Interests.

  • If Excess Receipts are equal to or less than five percent (5%) of confirmed Delivery Nominations, the Excess Receipts shall be sold by Shipper and purchased by Gatherer at a purchase price equal to one hundred percent (100%) of the First of the Month Price for Colorado Interstate Gas for the location specified in the Commercial Terms, as reported in Platt’s Inside FERC in the Month in which the imbalance occurred (“Cash Out Price”).

  • With respect to any Budget Period, the Borrowers shall prepay the Loans in an aggregate amount equal to the positive amount (if any) for such Budget Period of Monthly Excess Receipts less Monthly Excess Disbursements, for such Budget Period.


More Definitions of Excess Receipts

Excess Receipts means, with respect to any Distribution Date, the greater of (x) zero and (y) the remaining amount on deposit in the Collection Account after distributions pursuant to Section 5.06(d)(i) through (iii) have been made.
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Excess Receipts means, with respect to any Distribution Date, the remaining amount on deposit in the Certificate Account after all distributions pursuant to Section 5.06(d) have been made.
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Excess Receipts has the meaning given to it in Clause 18.2 (Ranking of Securities);
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Excess Receipts shall have the meaning set forth in the Pooling and Servicing Agreement.
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Excess Receipts shall have, with respect to any Trust, the meaning set forth in the applicable Pooling and Servicing Agreement. The term includes, without limitation, all of the "Excess Receipts" under and as defined in any Existing Loan Agreement.
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Related to Excess Receipts

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Cash Receipts means all cash receipts of the Company from whatever source derived, including without limitation capital contributions made by the Member(s); the proceeds of any sale, exchange, condemnation or other disposition of all or any part of the assets of the Company; the proceeds of any loan to the Company; the proceeds of any mortgage or refinancing of any mortgage on all or any part of the assets of the Company; the proceeds of any insurance policy for fire or other casualty damage payable to the Company; and the proceeds from the liquidation of assets of the Company following termination.

  • Adjusted gross receipts means the gross receipts from casino gaming less winnings paid to winners.

  • Net Swap Receipts means, for the Interest Rate Swap Agreement, the net amounts owed by the Swap Counterparty to the Issuer, if any, on any Swap Payment Date, excluding any Swap Termination Payments.]

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account, and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of the TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.