Airport Revenues definition

Airport Revenues means, all gross income and revenue derived from the ownership or operation of the Airport System, including all rents, fees and charges received for the use of the Airport System, all investment income and all proceeds of insurance covering business interruption loss relating to the Airport System and all other income and revenue howsoever derived from the ownership or operation of the Airport System or arising from the Airport System, but excluding (i) any gifts, grants or other amounts the use of which is restricted by the donor or grantor or by law or regulation, and (ii) the proceeds of any financing or securities offering, and (iii) PFC Revenues.

Airport Revenues means Project Revenues as set forth in the Bond Ordinance.

Airport Revenues means all fees, rents, tariffs, revenues and any other type of charge for use of or in connection with the LMM Airport Facility to the fullest extent permitted by Section 10(c) of the Act, but excluding any Government Grants-In-Aid and PFC revenues.

Examples of Airport Revenues in a sentence

• Summary of Bonds Outstanding Security: General Airport Revenue Bonds ("GARBs") are secured by the pledge of Net Airport Revenues Lien: SeniorRatings: Moody's Aa3 (Stable) S&P AA- (Stable) Fitch AA- (Stable) * Approximately 2% of the GARB portfolio is additionally secured through bond insurance.** All of the Series 2009D, 2010D and 2011A are subject to a floating-to-fixed rate swap.*** $93.4 million of the Series 2010C is subject to a floating-to-fixed rate swap.

• The policy implements several Grant Assurances, including Grant Assurance 5, Preserving Rights and Powers; Grant Assurance 22, Economic Nondiscrimination; Grant Assurance 24, Fee and Rental Structure; and Grant Assurance 25, Airport Revenues.

• CARES grant recipients should follow the FAA’s Policy and Procedures Concerning the Use of Airport Revenues (“Revenue Use Policy”), 64 Federal Register 7696 (64 FR 7696), as amended by 78 Federal Register 55330 (78 FR 55330).

• Summary of Bonds Outstanding Security: General Airport Revenue Bonds ("GARBs") are secured by the pledge of Net Airport Revenues Lien: SeniorRatings: Moody's Aa3 (Stable) S&P AA- (Stable) Fitch AA- (Stable) Series * Approximately 2% of the GARB portfolio is additionally secured through bond insurance.** All of the Series 2009D, 2010D and 2011A are subject to a floating-to-fixed rate swap.*** $89.8 million of the Series 2010C is subject to a floating-to-fixed rate swap.

• Summary of Bonds Outstanding Security: General Airport Revenue Bonds ("GARBs") are secured by the pledge of Net Airport Revenues Lien: SeniorRatings: Moody's A1 (Positive) S&P AA- (Stable) Fitch AA- (Stable) * Approximately 12% of the GARB portfolio is additionally secured through bond insurance.** All of the Series 2009D, 2010D and 2011A are subject to a floating-to-fixed rate swap.*** $93.4 million of the Series 2010C is subject to a floating-to-fixed rate swap.

• Summary of Bonds Outstanding Security: General Airport Revenue Bonds ("GARBs") are secured by the pledge of Net Airport Revenues Lien: SeniorRatings: Moody's Aa3 (Stable) S&P AA- (Stable) Fitch AA- (Stable) Series * Approximately 0.1 percent of the GARB portfolio is additionally secured through bond insurance.** All of the Series 2009D, 2010D and 2011A are subject to a floating-to-fixed rate swap.*** $89.8 million of the Series 2010C is subject to a floating-to-fixed rate swap.

• All of the Bonds are equally secured by a pledge of, and charge and lien upon, all of the General Airport Revenues, and the General Airport Revenues constitute a trust fund for the security and payment of the interest on and principal of the Bonds; but nevertheless out of General Airport Revenues certain amounts may be applied for other purposes as provided in the Master Trust Agreement.

• The Bonds are special obligations of the City and are payable, as to the principal thereof, interest thereon and any premiums upon the redemption of any thereof, from General Airport Revenues (which are more particularly defined in the Master Trust Agreement).

• Reference is hereby made to the Master Trust Agreement and to the Law for a description of the terms on which the Bonds are issued, the provisions with regard to the nature and extent of the General Airport Revenues, as that term is defined in the Master Trust Agreement, the rights thereunder of the Owners of the Bonds, the rights, duties and immunities of the Trustee, and the rights and obligations of the City thereunder.

• Additional series of Bonds payable from the General Airport Revenues have been issued and may be issued if the future on a parity with the Bonds of this series, but only subject to the conditions and limitations contained in the Master Trust Agreement.

More Definitions of Airport Revenues

Airport Revenues means Airport fees and payments related to the Airport as defined under art. 31. „Defective performance” exists when the obliged party to the Agreement has fulfilled its obligation incorrectly and inconsistently to the envisaged obligation, except for cases of partial and delayed performance. „Ordinance on Airport Fees” is the Ordinance on Fees for Using of the Airports for Public Use in the Republic of Bulgaria, promulgated in State Gazette, issue 2 of 1999 with all subsequent amendments and supplements.

Airport Revenues means: (a) all rentals, charges, landing fees, use charges and concession revenue now or hereafter received by or on behalf of City in its proprietary capacity as the owner of the Airport System in connection with the operation, improvement and enlargement of the Airport System, or any part thereof; (b) subject to the provisions of the Indenture, all income or revenues resulting from the investment of any of the Special Funds; and

Airport Revenues means Project Revenues as specifically defined in the Bond Ordinance.

Airport Revenues means income accrued or received by XXXX in accordance with generally accepted accounting principles, and as set forth in the Bond Indenture, from the ownership or operation of the Airport System, or any part thereof, or the leasing or use thereof;

Airport Revenues means (a) all rentals, charges, landing fees, use charges and concession revenues now or hereafter received by or on behalf of the City in its proprietary capacity as the owner of the Airport System in connection with the operation, improvement and enlargement of the Airport System, or any part thereof; (b) subject to the provisions of the Trust Indenture, all income or revenues resulting from the investment of any of the Special Funds; and

Airport Revenues means: (a) all rentals, charges, landing fees, use charges and concession revenue now or hereafter received by or on behalf of City in its proprietary capacity as the owner of the Airport System in connection with the operation, improvement and enlargement of the Airport System, or any part thereof; (b) subject to the provisions of the Indenture, all income or revenues resulting from the investment of any of the Special Funds; and (c) all gifts, grants, reimbursements or payments received from governmental units or public agencies for the benefit of the Airport System which are (i) not restricted in application to a special purpose and (ii) otherwise lawfully available for the payment of charges with respect to the Revenue Bonds. Airport Revenues shall not include any revenue or income from any Special Facility to the extent such revenue or income is pledged to pay principal, interest or any other charges for Special Revenue Bonds or other obligations issued in anticipation thereof, or to the extent such revenue or income is for the use of City in reimbursement of costs incurred by it in the construction or provision of Special Facilities.