Available Revenue definition

Available Revenue means the moneys standing to the credit of the Transaction Account and representing the credit balance on the Revenue Ledger;
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Available Revenue means, for any Fiscal Year, Revenue less Maintenance and Operation Expenses for that Fiscal Year, as set forth in the audited financial statements of the Authority for Fiscal Years for which audited financial statements are available or as projected by the Authority for Fiscal Years for which audited financial statements are not yet available. Available Revenue shall not include any amount on deposit in the Reserve Fund or in the reserve fund under any Senior Bond Indenture or any Subsidy Payments.
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Available Revenue means the Percentage of State Sales Tax Increment Revenue due and payable to the Authority pursuant to CEDC Resolution No.
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Examples of Available Revenue in a sentence

  • The aggregate amount of the withdrawal shall equal the Mortgages Trustee Available Revenue Receipts on each Distribution Date.

  • The withdrawal shall be used to make the payments and provisions in the order of priority set out in Clause 10.2 (Distribution of Mortgages Trustee Available Revenue Receipts) of the Mortgages Trust Deed (in each case only if and to the extent that payments or provisions of a higher priority have been made in full).

  • The Current Issuer Cash Manager shall thereafter record as a debit on the Current Issuer Revenue Ledger the application by the Current Issuer of any excess Current Issuer Available Revenue Receipts to extinguish any balance on a Current Issuer Principal Deficiency Sub Ledger.

  • If on any Notes Payment Date, the Issuer has insufficient Available Revenue Funds to pay all amounts then due and payable, it shall be under no obligation to pay any (default) interest or damages or other form of compensation to Noteholders in respect of any amounts of interest that remains unpaid as a result of there being insufficient Available Revenue Funds on any Notes Payment Date.

  • The Cash Manager is responsible, pursuant to the Cash Management Agreement, for determining the amount of Funding Available Revenue Receipts as at any Payment Date and each determination so made shall (in the absence of negligence, wilful default, bad faith or manifest error) be final and binding on the Current Issuer Start-Up Loan Provider.

  • Prior to the service of an Intercompany Loan Enforcement Notice, Funding shall pay interest on the Advance on each Payment Date if, and only to the extent that, there are Funding Available Revenue Receipts available therefor after making the payments and provisions referred to in the Funding Pre-Enforcement Revenue Priority of Payments.

  • However, if there are sufficient Funding Available Revenue Receipts available but Funding does not repay the Advance when due, such non-repayment will constitute an event of default under this Agreement causing the Advance (and any interest capitalised pursuant to Clause 3.4) and any accrued interest thereon to be accelerated in accordance with Clause 5.

  • Provided that no Enforcement Notice has been served in accordance with Condition 10 (Events of Default), the Issuer will be obliged to apply the Available Revenue Funds, if and to the extent that all payments ranking above item (p) in the Revenue Priority of Payments have been made in full, to redeem (or partially redeem) on a pro rata basis the Class E Notes on each Notes Payment Date until fully redeemed.

  • The priority of the Notes are further set out in "Cashflows Application of Available Revenue Receipts prior to the service of an Enforcement Notice on the Issuer", "Cashflows Application of Available Redemption Receipts prior to the service of an Enforcement Notice on the Issuer" and "Cashflows Distributions Following the Service of an Enforcement Notice on the Issuer".

  • Right-dislocated topics represent a marked structure, since the right periphery is usually reserved for focused material (in Spanish and cross-linguistically).


More Definitions of Available Revenue

Available Revenue means the Project Revenue multiplied by the percentage prescribed for the purposes of section 20(4)(b) of the Clean Energy Act (50% as of the effective date of this agreement) and the percentage prescribed for the purposes of section 20(5)(a) of the Act (75% as of the effective date of this agreement), as those percentages are amended from time to time;
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Available Revenue means, for any period of time, (a) Total Operating Revenues determined on a cash basis for such period of time, plus (b) any portion of the Operating Costs Set-Aside Amounts remaining in the Lockbox Fund during such period of time, and less
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Related to Available Revenue

  • Eligible revenue means the property tax increment and any

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

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