Estimated Net Revenues definition

Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year less the es- timated Operation and Maintenance Expenses for such Fiscal Year, based upon estimates prepared by the Chief Fi- nancial Officer. In computing Estimated Net Revenues for a given Fiscal Year, historical Revenues may be adjusted by the Chief Financial Officer to include not more than the Revenues estimated to be available in such Fiscal Year from: (a) any fee increase that has been or will be in effect prior to the delivery of a Series of Bonds or the execution of a Contract in connection with which an estimate is made; and (b) to the extent that the same are to be occupied and used during such Fiscal Year, any additions, improvements or extensions to the Student Housing System to be purchased, acquired or constructed in whole or in part during such Fiscal Year with the proceeds of a Series of Bonds, pursuant to a Contract or from other sources using the schedule of rates and charges for such facilities to be used upon completion of construction of such facilities. Such calculations shall exclude any Revenues derived from over–occupancy, if any, in relation to designed capacity of existing facilities of the Student Housing System and shall assume for all purposes a future utilization or occupancy rate equal to the average utilization or occupancy rate of the portion of the Student Housing System consisting of student housing over the most recent past three (3) Fiscal Years. In such calculations the historical Operation and Maintenance Expenses shall also be adjusted by the Chief Financial Officer to reflect any anticipated increases or decreases in Operation and Maintenance Expenses, whether as a result of the purchase, acquisition or construction of a Project or otherwise.
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Estimated Net Revenues means, for any Calendar Year (or such other Year as may be specified by the Authority), the estimated Revenues for such Calendar Year less the estimated Operation and Maintenance Costs for such Calendar Year.
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Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year less any estimated transfers from the Revenue Fund to pay Operation and Maintenance Costs. In computing Estimated Net Revenues, historical Revenues may be adjusted to include not more than the Revenues estimated to be available to the Issuer in such Fiscal Year from: (1) any rate increase that was put into effect prior to the delivery of a Series of Bonds in connection with which an estimate is made; (2) any customers connected to the System during or subsequent to the Fiscal Year for which the Estimated Net Revenues are being computed; (3) any
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Examples of Estimated Net Revenues in a sentence

  • Estimated Price Spreads between PJM and New York City The Estimated Net Revenues were affected by several key assumptions that we discuss in this section.

  • Depending on mode, commodity and route this benefit can vary between UAH70 and UAH210 per tonne.Table 7: Estimated Net Revenues from Transit Cargo (UAH/tonne) Rail Total per tonne 140 140 161 99 70 Other non-bulk cargoesTo UZ 189 189To ports 38 38To private operators 0 0To Government 41 Total per tonne 189 189 38 79The total net value of transit cargo depends on its volume, of course; and on the shares of the three identified cargo types and the five modes.

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (A) above, less any Direct Payments, plus 80% of the estimated additional Net Revenues as calculated in (B) above.

  • Operating Cap.) without Interest……………….…….……… US$ - 3.3 MioEstimated Net Revenuesafter Processing of Stockpiled Ore of 120,000 tons US$ 43.2 MioWith a gold price of US$ 1,000/oz the Estimated Net Revenues before taxes and without deduction of interest for the capital after Processing of Stockpiled Ore of 120,000 tons are projected at US$ 43.2 Mio.

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (A) above, plus 75% of the estimated additional Net Revenues as calculated in (B) above.

  • If a Written Certificate is delivered pursuant to Section 2.04(c)(1)(B), such Written Certificate shall set forth the Estimated Net Revenues for the Fiscal Year during which the Cross-over Date occurs and each succeeding Fiscal Year to and including the second Fiscal Year succeeding such Cross-over Date, instead of the Fiscal years specified in Section 2.04(c)(1)(B).

  • Estimated Net Revenues Available for Debt Service for the fiscal year ending December 31, 2016 include additional revenues expected as a result of approved sewer rate increases effective May 1, 2015 and January 1, 2016, but do not include additional revenues expected as a result of the approved January 1, 2017 sewer rate increase.

  • If a Written Certificate of the Issuer is delivered pursuant to Section 2.04(c)(1)(B), such Written Certificate of the Issuer shall set forth the Estimated Net Revenues for the Fiscal Year during which the Cross-over Date occurs and each succeeding Fiscal Year to and including the second Fiscal Year succeeding such Cross-over Date, instead of the Fiscal years specified in Section 2.04(c)(1)(B).

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (a) above, plus eighty percent (80%) of the estimated additional Net Revenues as calculated in (b) above.

  • Estimated Net Revenues are after realisation costs (logistics and treatment charges/payability).


More Definitions of Estimated Net Revenues

Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year, less the estimated Operation and Maintenance Costs for such Fiscal Year, based upon estimates set forth in a Written Certificate of the Issuer. In computing Estimated Net Revenues, historical Revenues may be adjusted to include not more than the Revenues estimated to be available to the Issuer in such Fiscal Year from: (1) any rate increase authorized prior to the delivery of a Series of Bonds in connection with which an estimate is made; (2) any customers expected to be connected to the System during or subsequent to the Fiscal Year for which the Estimated Net Revenues are being computed; (3) any new contracts entered into by the Issuer for the provision of sewer services; and (4) any improvements or extensions to the System to be acquired or constructed in whole or in part with the proceeds of a Series of Bonds or from other sources. Historical Operation and Maintenance Costs shall also be adjusted to reflect any anticipated increases or decreases in Operation and Maintenance Costs, whether as a result of the acquisition or construction of the Project or otherwise.
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Estimated Net Revenues means, for any Year, the estimated Net Revenues for such Year. Event of Default
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Estimated Net Revenues means, for any Year, the estimated Revenues for such Year less the estimated Operation and Maintenance Costs for such Year. In estimating Revenues, the Issuer or the Qualified Independent Engineer, as the case may be, shall base such estimation on the actual Revenues for the most recent Fiscal Year, plus (a) the additional Revenues from any increase in
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Related to Estimated Net Revenues

  • Net Revenues means the difference between:

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • 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.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • 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.

  • Gross Profits means the gross profits calculated under section 4;

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.