Pledged revenue definition

Pledged revenue means money pledged to the payment of or as security for:
Pledged revenue means money pledged to the payment of or as security for bonds or other indebtedness issued by a local govern- ment; obligations under a lease, installment sale, or other agree- ment of a local government; or certificates of participation in a debt or obligation.
Pledged revenue means revenue specifically approved by the Department and dedicated to the repayment of the loan.

Examples of Pledged revenue in a sentence

  • Pledged revenue receipts or collections by the project sponsor must exceed the amount of the repayments due to the Department unless there are other collateral provisions.

  • Pledged revenue funds are used to finance certain capital improvements to the Agency’s wholesale water system.State Water Contract Fund – is used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.

  • To date, proposed amendments for Prevention Programs and SATOP have been published for public comments.

  • Code §133.10 short-term TAN or RAN⮚ Pledged revenue (tax or otherwise) collected to retire these notes is considered appropriated for debt charges and financing costs.

  • Pledged revenue – A portion of the sales tax increment generated by the Summit Sierra Shopping Center, contingent upon meeting certain sales tax growth and qualifying store requirements Total revenue bond principal and interest remaining to be paid at June 30, 2013 $ 9,567,473 Revenue bonds issued and revenue pledge maturity 2006 Sales Tax Subordinate Lien Bonds 1 October 1, 2020 1.


More Definitions of Pledged revenue

Pledged revenue means, collectively, the District Pledged Revenue and the Authority Pledged Revenue.
Pledged revenue means the District Pledged Revenue and any other amounts remitted to the District Bond Trustee and pledged to the payment of District Bonds under this Agreement.
Pledged revenue means project sponsor revenue specifically approved by the Department and dedicated topledged for the repayment of the loan.
Pledged revenue means, as to any series of Obligations, (A) the proceeds of such Obligations, including investment earnings, (B) proceeds of the Assessments pledged to secure the payment of such Obligations, and (C) any other legally available non-ad valorem revenue pledged, at the Council's sole option, to secure the payment of such Obligations, as specified by the Ordinance and any resolution authorizing such Obligations.
Pledged revenue means (i) all rights of payment of monetary obligations, including rights to payment for goods and general intangibles sold, leased, licensed, assigned or otherwise disposed of; (ii) all rights to payment for services rendered or to be rendered; (iii) all rights under all documents and instruments and all sums of money or other proceeds due or becoming due thereon to the extent the same result from the sale, license or other disposition of the Borrower’s property, products or services, and all rights pertaining to and interest in such documents and instruments; (iv) all other rights and claims to the payment of money, under contracts or otherwise; all rights to payment evidenced by chattel paper or an instrument to the extent the same result from the sale, license or other disposition of the Borrower’s property, products or services; (v) all deposit accounts to the extent that such deposit accounts contain any of the foregoing items; and (vi) all other property constituting accounts (as defined in the UCC). “Pledged Revenues” shall not include funds received by the Borrower from capital raising activities.
Pledged revenue means all TDD Revenues on deposit in the Revenue Fund established by the Indenture and all moneys on deposit in the Debt Service Fund established by the Indenture, together with investment earnings thereon, determined as follows:
Pledged revenue means, individually or collectively, as the context requires: (a) the District No. 1 Pledged Revenue; (b) the District No. 2 Pledged Revenue; (c) the District No. 3 Pledged Revenue; (d) the ATEC No. 1 Pledged Revenue; (e) the ATEC No. 2 Pledged Revenue; and (f) the Coordinating District Pledged Revenue.