Receipts from Tapping Fees definition

Receipts from Tapping Fees means all money of the Authority derived from the charge of tapping, connection, customer facilities or like fees against owners of property who connect such property with any sewer main constructed or acquired by the Authority and constituting a part of the Sewer System.
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Receipts from Tapping Fees means all money of the Authority derived from the charge of tapping, connection, customer facilities or like fees against owners of property who connect such property with any sewer main constructed or acquired by the Authority and constituting a part of the Sewer System. Money in the nature of tapping, connection, customer facilities or like fees derived by the Authority under agreements with owners of property who connect such property with the Sewer System, whereby such owners shall be obligated to pay such moneys to the Authority also shall constitute “Receipts from Tapping Fees”.
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Receipts from Tapping Fees shall not include money derived from tapping, connection, customer facilities or like fees charged by the Authority in those cases and to the extent that the Authority agrees to refund such tapping, connection, customer facilities or like fees or any part thereof to any person who has paid for the construction of any part of the Sewer System which was constructed by the Authority or constructed by such person under the supervision of the Authority as permitted by law.
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Examples of Receipts from Tapping Fees in a sentence

  • Receipts from Tapping Fees transferred and paid over to the Borough, as set forth in Section 4.04 of the Lease.

  • Receipts from Tapping Fees transferred and paid over to the Borough as set forth in Section 4.04.

  • The Authority also covenants to keep such resolution or a subsequent resolution or resolutions charging such tapping fee in full force and effect continuously during the term of this Lease and to enforce the same as may be permitted by law.The Authority covenants to transfer and pay over to the Borough, within 7 days of the date of collection, any Receipts from Tapping Fees.


More Definitions of Receipts from Tapping Fees

Receipts from Tapping Fees means all moneys (except as hereinafter provided) derived from the charge of tapping (or connection) fees against owners of property who connect such property with the Sewer System.
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Receipts from Tapping Fees means all moneys of the Authority derived from the charge of tapping (or connection) fees against owners of property who connect such property with the Sewer System.
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Related to Receipts from Tapping Fees

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

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

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

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

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Income Account Record Date means the "Record Dates" set forth in the "Essential Information" in the Prospectus.

  • Initial Reserve Account Deposit Amount means an amount equal to $29,411,740.05.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Net WAC Rate Carryover Reserve Account The Net WAC Rate Carryover Reserve Account established and maintained pursuant to Section 4.10.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Supplemental Servicing Fees means any and all (i) late fees, (ii) extension fees, (iii) non-sufficient funds charges and (iv) any and all other administrative fees or similar charges allowed by applicable law with respect to any Receivable.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Carryover Reserve Fund The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 4.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered holders of CWABS, Inc., Asset-Backed Certificates, Series 2001-3". Funds in the Carryover Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Capitalized Interest Account Initial Deposit means $1,022,277.35 deposited on the Closing Date.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).