Non-Ad Valorem Revenues means all revenues of the City derived from any source whatsoever other than ad valorem taxation and legally available to pay principal of and interest on the Note, but only after provision has been made by the City for the payment of all essential or legally mandated services.

Non-Ad Valorem Revenues means all legally available revenues of the Issuer derived from any source whatsoever, other than ad valorem taxation on real and personal property, which are legally available for the payment by the Issuer of debt service on the Non-Ad Valorem Revenue Obligations, including, without limitation, investment income and legally available non-ad valorem revenues derived from sources subject to a prior pledge thereof for the payment of other obligations of the Issuer and available after payment of principal and interest on such other obligations; provided, however, that revenues of the Issuer accounted for in an enterprise fund under governmental accounting principles, including without limitation, the Issuer's energy system and water, wastewater and stormwater systems, shall not be included as Non-Ad Valorem Revenues, except to the extent that revenues derived from any such sources are deposited into the Issuer's General Fund.

Non-Ad Valorem Revenues means all legally available revenues of the Issuer other than Ad Valorem Revenues.

Examples of Non-Ad Valorem Revenues in a sentence

Until the Bonds are paid or deemed paid pursuant to the provisions of this Agreement, the County hereby covenants and agrees to appropriate in its annual budget, by amendment, if necessary, from Non-Ad Valorem Revenues lawfully available in each Fiscal Year, amounts sufficient to pay the principal and interest on the Bonds until the maturity thereof.
Except for the Bonds, the County will not issue any other obligations payable from the Non-Ad Valorem Revenues nor voluntarily create or cause to be created any debt, lien, pledge, assignment, encumbrance or other charge against the Non-Ad Valorem Revenues, or any part thereof, except as set out below.
Such covenant to budget and appropriate Non-Ad Valorem Revenues is subject in all respects to the payment of obligations secured by a pledge of such Non-Ad Valorem Revenues heretofore or hereinafter entered into (including the payment of debt service on bonds and other debt instruments).
The County agrees that its covenant and agreement to budget and appropriate Non-Ad Valorem Revenues shall be deemed entered into for the benefit of the Lender, and this obligation may be enforced by a court of competent jurisdiction.
Since such date, there has been no material adverse change in the financial condition, revenues (including, without limitation, Non-Ad Valorem Revenues), properties or operations of the County.

More Definitions of Non-Ad Valorem Revenues

Non-Ad Valorem Revenues means all legally available revenues of the Issuer other than ad valorem tax revenues.

Non-Ad Valorem Revenues means all available revenues of the Issuer derived from any source whatsoever other than ad valorem taxation on real and personal property which are legally available to make the payments required herein.

Non-Ad Valorem Revenues means all revenues and taxes of the Borrower derived from any source whatsoever other than ad valorem taxation on real and personal property, which are legally available for Loan Repayments.

Non-Ad Valorem Revenues means all revenues of the County not derived from ad valorem taxation.

Non-Ad Valorem Revenues means all revenues of the Issuer other than Ad Valorem Revenues, and which are lawfully available to be used to pay debt service on the Note.

Non-Ad Valorem Revenues means all Governmental Funds Revenues other than revenues generated from ad valorem taxation on real or personal property which are legally available to make the payments required herein.

Non-Ad Valorem Revenues means all revenues of the County derived from any source whatsoever other than ad valorem taxation and legally available to pay principal of and interest on the Bond.