Gross Revenue Fund definition

Gross Revenue Fund means the fund by that name established pursuant to the Loan Agreement.
Gross Revenue Fund means the account or accounts established and maintained by the City in such fashion as to adequately reflect all of the receipts and revenues derived from the operation of the System and all interest and other income earned by the City in connection with the System, as established by the provisions of Section 7.02 hereof. Respecting the Outstanding Bonds, any reference to the “General Revenue Fund” shall be construed as the Gross Revenue Fund.
Gross Revenue Fund means the special revenue fund of the City so designated

Examples of Gross Revenue Fund in a sentence

  • The proprietary fund (Gross Revenue Fund) is legally adopted on the cash basis (which is not consistent with GAAP).

  • Legally adopted budgets are employed as a management control device during the year for the General Fund, Capital Projects Fund, and Gross Revenue Fund.

  • Measurement Focus, Basis of Accounting, and Basis of Presentation (Continued) The Town has two Enterprise Funds: The Gross Revenue Fund, a major fund and a budgeted fund, is used to account for the Town’s water and sewer operations.

  • The Agency must give the permittee the opportunity to file a new application before it modifies the permit.

  • Each Member of the Obligated Group pledges to deposit all revenues, income, receipts and money received into a Gross Revenue Fund over which the Master Trustee has a blocked account agreement for the benefit of each bond trustee and parity lender.Negative Pledge Against Prior Liens.

  • The Town has one major Enterprise Fund: The Gross Revenue Fund, a budgeted fund, is used to account for the Town’s water and sewer operations.

  • Each Member of the Obligated Group has pledged to deposit all of its Gross Revenues into a Gross Revenue Fund.

  • Each Member of the Obligated Group has pledged to deposit all of its Gross Revenues into one or more deposit accounts designated as the Gross Revenue Fund.

  • Similar changes are occurring in the telecommunications sector, with the corresponding declining impact on the Gross Revenue Fund.

  • Gross Revenue Fund – The account receives sales tax income that comes from 3/8ths of one- cent county sales tax that is restricted for servicing the principal and interest payments of the sales tax revenue refunding bonds and for operations.


More Definitions of Gross Revenue Fund

Gross Revenue Fund means the Fund created under Section 428 hereof.

Related to Gross Revenue Fund

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross Revenue means:

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Net Revenues means the difference between:

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.