Revenue anticipation notes definition

Revenue anticipation notes has the meaning set forth in the Transportation Resolution. For purposes of clarity, “Revenue Anticipation Notes” means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or
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Revenue anticipation notes means a note or notes of the corporation not
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Revenue anticipation notes or "notes" means revenue
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Examples of Revenue anticipation notes in a sentence

  • Tax Anticipation Notes, Energy Performance Lease and Revenue Anticipation Notes are not included in computation of the debt contracting margin of the District.

  • The statutory authority for issuing Tax and Revenue Anticipation Notes (“TRANs”) is contained in Government Code Section 53850 et seq.

  • Non-voter-approved debts include Certificates of Participation (COPs), Tax Revenue Anticipation Notes (TRANs), Bond Anticipation Notes (BANs), revenue bonds, or any other debt instruments not requiring voter approval.

  • The District may issue Revenue Anticipation Notes (RANs) and Tax Anticipation Notes (TANs), in anticipation of the receipt of revenues.

  • The District may issue Revenue Anticipation Notes (RAN) and Tax Anticipation Notes (TAN), in anticipation of the receipt of revenues.

  • Short-term Borrowing Short-term borrowing may be issued to generate funding for cash flow needs in the form of Tax Revenue Anticipation Notes (TRAN).

  • All funds may be invested in Revenue Anticipation Notes or Tax Anticipation Notes of other school districts and municipalities, with the approval of the State Comptroller.

  • Short-term borrowing may be issued to generate funding for cash flow needs in the form of Tax and Revenue Anticipation Notes (TRAN).

  • Revenue Anticipation Notes (herein called “Notes”) of the Valley Stream Union Free School District Thirteen, in the County of Nassau, New York (herein called “District”), in the principal amount of not to exceed $4,000,000, and any notes in renewal thereof, are hereby authorized to be issued pursuant to the provisions of Sections 25.00 and 39.00 of the Local Finance Law, constituting Chapter 33-a of the Consolidated Laws of the State of New York (herein called “Law”).

  • The County will consider issuing Tax and Revenue Anticipation Notes for annual cash flow purposes or other short-term financing instruments to the extent such notes would reduce expenses, increase revenues and/or expedite the meeting of County goals.


More Definitions of Revenue anticipation notes

Revenue anticipation notes or "notes" means revenue anticipation notes authorized by and issued in accordance with this part 7.
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Revenue anticipation notes has the meaning set forth in the Transportation Resolution. For purposes of clarity, “Revenue Anticipation Notes” means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or such MTA Aid Trust Account Receipts and (iv) meeting the requirements of Section 206.2 of the Transportation Resolution. In the event of a conflict between the definition of “Revenue Anticipation Notes” set forth in this Agreement and the definition of such term set forth in the Transportation Resolution, the definition set forth in the Transportation Resolution will control.
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Revenue anticipation notes means Notes issued in accordance with Section 607 hereof in anticipation of user fees or the receipt of state or federal funds;
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Revenue anticipation notes means notes issued by the
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Revenue anticipation notes has the meaning set forth in the Transportation Resolution. For purposes of clarity, “Revenue Anticipation Notes” means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or such MTA Aid Trust Account Receipts and (iv) meeting the requirements of Section 206.2
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Revenue anticipation notes means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or such MTA Aid Trust Account Receipts and (iv) meeting the requirements of Section 206.2
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Related to Revenue anticipation notes

  • Anticipation Notes means the following Municipal Bonds: revenue anticipation notes, tax anticipation notes, tax and revenue anticipation notes, grant anticipation notes and bond anticipation notes.

  • Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 77% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date. Servicer: Calmco, or its successors in interest, as applicable.

  • Acquisition Note means a promissory note of the Borrower payable to ---------------- the order of any Acquisition Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the Acquisition Advances made by such Lender.

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Non-PO Formula Principal Amount As to any Distribution Date, the sum of (i) the sum of the applicable Non-PO Percentage of (a) all monthly payments of principal due on each Mortgage Loan on the related Due Date, (b) the principal portion of the purchase price of each Mortgage Loan that was repurchased by the Seller pursuant to this Agreement as of such Distribution Date, excluding any Mortgage Loan that was repurchased due to a modification of the Mortgage Rate, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (f) all partial and full Principal Prepayments received during the related Prepayment Period and (ii) (A) any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date, or (B) with respect to Subsequent Recoveries attributable to a Discount Mortgage Loan that incurred (1) an Excess Loss or (2) a Realized Loss after the Senior Credit Support Depletion Date, the Non-PO Percentage of any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date.

  • Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Lead Securitization Note means the Note included in the Lead Securitization.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Repayment Agreement means an agreement

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Yield Supplement Amount means, with respect to any Collection Period and the related Deposit Date, the aggregate amount by which one month’s interest on the Principal Balance as of the first day of such Collection Period of each Discount Receivable (other than a Discount Receivable that is a Defaulted Receivable) at a rate equal to the Required Rate, exceeds one month’s interest on such Principal Balance at the APR of each such Receivable.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • PO Formula Principal Amount As to any Distribution Date, the sum of the applicable PO Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each Mortgage Loan on the related Due Date, (b) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Seller or the Master Servicer pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the month preceding the calendar month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received during the month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received during the related Prepayment Period.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.