Common use of Pledged Revenues Not Budgeted Clause in Contracts

Pledged Revenues Not Budgeted. The portion of the Pledged Revenues necessary to pay the Loan Agreement Payments, as and when due, is not needed or budgeted to pay current or anticipated operational or other expenses of the Governmental Unit.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Pledged Revenues Not Budgeted. The portion of the Pledged Revenues necessary to pay the Loan Agreement Payments, as and when due, is not needed or budgeted to pay current or anticipated operational Operation and Maintenance Expenses or other expenses of the Governmental UnitBorrower/Grantee.

Appears in 5 contracts

Samples: Loan/Grant Agreement, Loan/Grant Agreement, Loan/Grant Agreement

Pledged Revenues Not Budgeted. The portion of the Pledged Revenues necessary to pay the Loan Agreement Payments, as and when due, is not needed or budgeted to pay current or anticipated operational or other future Project-related expenses of the Governmental UnitBorrower/Grantee.

Appears in 1 contract

Samples: Loan/Grant Agreement

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Pledged Revenues Not Budgeted. The portion of the Pledged Revenues necessary to pay the Loan Agreement Payments, as and when due, is are not needed or budgeted to pay current or anticipated operational or other expenses of the Governmental Unit.

Appears in 1 contract

Samples: Loan Agreement

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