PLEDGE OF REVENUES definition

PLEDGE OF REVENUES means a financial assurance mechanism as defined in 27 California Code of Regulations section 22200(jj) by which the Authority promises to make specified, identified future revenues of facilities under its ratemaking control available to pay future postclosure maintenance costs of a solid waste facility.
PLEDGE OF REVENUES means a financial assurance mechanism as defined in 27 California Code of Regulations section 22200(jj) by which the AUTHORITY promises to
PLEDGE OF REVENUES means a financial assurance mechanism as defined in 14 California Code of Regulations section 18281(r) by which the AUTHORITY promises to make specified, identified future revenues of facilities under its ratemaking control available to pay future postclosure maintenance costs of a solid waste facility.

Examples of PLEDGE OF REVENUES in a sentence

  • THE 2020 BONDS ARE SECURED SOLELY BY THE PLEDGE OF REVENUES AND CERTAIN FUNDS HELD UNDER THE INDENTURE.

  • ESTABLISHMENT OF DEBT SERVICE FUND AND CONSTRUCTION FUND AND APPLICATION THEREOF; PLEDGE OF REVENUES; APPLICATION OF BOND PROCEEDS Section 501.

  • General Authorization 21 ARTICLE V ESTABLISHMENT OF DEBT SERVICE FUND AND CONSTRUCTION FUND AND APPLICATION THEREOF; PLEDGE OF REVENUES; APPLICATION OF BOND PROCEEDS Section 501.

  • The relationship should be a participatory one aimed at developing and disseminating new and innovative agricultural methodology60.

  • Any person having any record title or legal interest in the electric vehicle charging station may appeal any action or decision of the Building Official under this chapter by filing an appeal to the City Clerk in accordance with the procedures set forth in Pinole Municipal Code 1.12.040, or as may be amended.

  • IN PLEDGING THE PROCEEDS OF AN AD VALOREM PROPERTY TAX, AN ISSUING AUTHORITY MAY LIMIT THE RATE OF TAXATION OR THE AMOUNT OF TAX DOLLARS THAT IT IS OBLIGATED TOIMPOSE OR COLLECT TO PAY ANY SECURITIES AS SET FORTH IN THE ACT OF ISSUANCE ENACTED BY SUCH BODY.(2) THE CREATION, PERFECTION, ENFORCEMENT, AND PRIORITY OF A PLEDGE OF REVENUES TO SECURE OR PAY SECURITIES SHALL BE GOVERNED BY THIS SECTION AND THE ACT OF ISSUANCE PASSED BY THE ISSUING AUTHORITY AUTHORIZING SUCHSECURITIES.

  • ASSIGNMENT OF AGREEMENT; PLEDGE OF REVENUES Pursuant to the Ordinance, all rights, titles and interests of the City under the Agreement (except for certain rights to receive payment of expenses and to indemnification), including the right to receive Purchase Installments, have been assigned and pledged to the Trustee to secure the punctual payment of the principal of and premium, if any, and interest on the Bonds.

  • THE CERTIFICATES EVIDENCE SPECIAL OBLIGATIONS OF THE AUTHORITY, PAYABLE SOLELY FROM AND SECURED BY THE PLEDGE OF REVENUES PURSUANT TO THE TRUST AGREEMENT.

  • LOCAL HOSPITAL REVENUE BONDS; AUTHORITY TO ISSUE; PLEDGE OF REVENUES.-- A.

  • THE AUTHORITY UNDER THIS SECTION ARE NOT SUBJECT TO SUPERVISION OR REGULATION BY ANY UNIT OF THE STATE OTHER THAN THE AUTHORITY.22–207.(A) (1) ANY PLEDGE OF REVENUES AND OTHER MONEY UNDER § 22–201(I) OF THIS SUBTITLE IS VALID AND BINDING FROM THE TIME THE PLEDGE IS MADE.

Related to PLEDGE OF REVENUES

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • 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:

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • Net Revenues means the difference between:

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Revenues means all

  • Original M&O Revenue means the total State and local Maintenance and Operations Revenue that the District would have received for such school year, calculated in accordance with TEXAS EDUCATION CODE Section 48.256(d), had this Agreement not been entered into by the Parties and the Applicant’s Qualified Property had been subject to the District’s ad valorem maintenance and operations tax without any limitation on value at the rate applicable for such Tax Year. For purposes of this calculation, the Consultant (as defined in Section 4.5) will base its calculations upon (1) the total Taxable Values for each applicable Tax Year as certified by the Appraisal District for all taxable accounts in the District for the District’s maintenance and operations ad valorem tax purposes, save and except for the Applicant’s Qualified Property subject to this Agreement, plus (2) the total Taxable Values for such applicable Tax Year as certified by the Appraisal District for the Applicant’s Qualified Property subject to this Agreement for the District’s debt service (interest and sinking fund) ad valorem tax purposes (which total Taxable Values for the Applicant’s Qualified Property subject to this Agreement shall be used in lieu of the total Taxable Values for such applicable Tax Year as certified by the Appraisal District for the Applicant’s Qualified Property subject to this Agreement for the District’s maintenance and operations ad valorem tax purposes).

  • 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.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Pledged Revenues means all of the Series Pledged Revenues.

  • Pledged revenue means money pledged to the payment of or as security for:

  • Acquired EBITDA means, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable, all as determined on a consolidated basis for such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable.

  • Department of Revenue means the Department of Revenue of

  • REO Revenues All income, rents, profits and proceeds derived from the ownership, operation or leasing of any REO Property.

  • State average current expense appropriations per student means the most

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • System Revenues means all rates, rents, fees, charges,

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Net Sale Proceeds means for any sale or other disposition of assets, the gross cash proceeds (including any cash received by way of deferred payment pursuant to a promissory note, receivable or otherwise, but only as and when received) received from such sale or other disposition of assets, net of (i) reasonable transaction costs (including, without limitation, any underwriting, brokerage or other customary selling commissions, reasonable legal, advisory and other fees and expenses (including title and recording expenses), associated therewith and sales, VAT and transfer taxes arising therefrom), (ii) payments of unassumed liabilities relating to the assets sold or otherwise disposed of at the time of, or within 30 days after, the date of such sale or other disposition, (iii) the amount of such gross cash proceeds required to be used to permanently repay any Indebtedness (other than Indebtedness of the Lenders pursuant to this Agreement) which is secured by the respective assets which were sold or otherwise disposed of, (iv) the estimated net marginal increase in income taxes which will be payable by the Borrower consolidated group or any Subsidiary of the Borrower with respect to the Fiscal Year in which the sale or other disposition occurs as a result of such sale or other disposition; and (v) in the event of any such sale or disposition of assets owned by a Non-Wholly Owned Subsidiary, the proportionate share thereof attributable to minority interests (based upon such Persons’ relative holdings of Equity Interests in such Subsidiary); provided, however, that such gross proceeds shall not include any portion of such gross cash proceeds which the Borrower determines in good faith should be reserved for post-closing adjustments (to the extent the Borrower delivers to the Lenders a certificate signed by its chief financial officer or treasurer, controller or chief accounting officer as to such determination), it being understood and agreed that on the day that all such post-closing adjustments have been determined (which shall not be later than six months following the date of the respective asset sale), the amount (if any) by which the reserved amount in respect of such sale or disposition exceeds the actual post-closing adjustments payable by the Borrower or any of its Subsidiaries shall constitute Net Sale Proceeds on such date received by the Borrower and/or any of its Subsidiaries from such sale or other disposition.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • EBITDA means earnings before interest, taxes, depreciation and amortization.

  • Anticipated county property tax revenue availability means the