Examples of Available Revenues in a sentence
The Authority may further offset any such obligation against Available Revenues as available.
The Authority shall keep, maintain, and apply the Available Revenues as required to pay the Authority’s Reimbursement Obligation.
Subject to the foregoing the Developer therefore agrees to assume the risk that insufficient Available Revenues will be generated to reimburse all Reimbursable Project Costs.
From and after such pledge, the Available Revenues, when and as received by the Authority shall be subject to the lien of such pledge without any physical delivery, filing, or further act.
If required in connection with Developer’s Financing, the Authority will by a separate instrument irrevocably pledge to pay the Available Revenues to in support of the Developer’s Financing, or to a trustee if so directed pursuant to such separate instrument; provided, however, that the Authority shall not be required to pledge Available Revenues from any portion of the Property that is not then owned or controlled by the Developer.