Common use of Rate Covenant Clause in Contracts

Rate Covenant. The Governmental Agency shall establish and collect such rates, fees, and charges for the use or the sale of the products and services of the System as, together with other moneys available therefor, are expected to produce Gross Revenue (as defined in Paragraph (3) of Exhibit A to this Loan Agreement) for each calendar year that will be at least sufficient for such calendar year to pay the sum of:

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Rate Covenant. The Governmental Agency shall establish and collect such rates, fees, rates and charges for the use or the sale of the products and services of the System asSystem, which together with other moneys available therefor, are expected to produce Gross Revenue Revenues (as defined in Paragraph paragraph (34) of this Exhibit A to this Loan Agreement) for each calendar year that which will be at least sufficient for such calendar year to pay the sum of:

Appears in 1 contract

Samples: Water Pollution Control Revolving Fund

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