Designated Revenues definition

Designated Revenues means two-thirds of the receipts of the County, net of administrative costs permitted to be deducted from such amount by Section 212.0305(5)(b)5, Florida Statutes, and Section 29-61.1(b) of the County Code (i.e., an amount not in excess of 2% of collections), from the Convention Development Tax deposited in the Dade County Convention Development Tax Trust Fund (the "Trust Fund"), created by Section 29-61.1(b) of the County Code, which amount can be applied by the County as permitted by Section 212.0305(4)(b)2a and c, Florida Statutes and the CDT Ordinance.
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Designated Revenues means revenues derived from the
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Designated Revenues means Net Operating Revenues, after making all payments required by the Senior Lien Revenue Obligation Documents for the benefit of the Senior Lien Revenue Obligations. Designated Revenues do not include earnings on investments held in any project fund or rebate fund established for Junior Lien Revenue Obligations.
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Examples of Designated Revenues in a sentence

  • Such Designated Revenues shall be provided by the establishment of a principal reserve by the Borrower with the Trustee to provide for reimbursement of such Principal Drawings, as set forth below.

  • The Borrower shall provide Designated Revenues to satisfy the foregoing requirements with respect to interest in such amounts and at such times as necessary to enable the Issuer to reimburse the Bank for all Interest Drawings that are allocable to the Loan.

  • It is the obligation of the Borrower to provide sufficient Designated Revenues in such amounts and at such times as necessary to enable the Issuer to reimburse the Bank for all Principal Drawings made to pay the redemption price of all Periodic Principal Redemptions on the portion of the Bonds that are allocable to the Loan.

  • It is the obligation of the Borrower to provide sufficient Designated Revenues in such amounts and at such times as necessary to enable the Issuer to reimburse the Bank for all Interest Drawings made to pay interest on the Bonds that are allocable to the Loan.

  • Pursuant to the Reimbursement Agreement, the Issuer is required to reimburse the Bank immediately for all of such Principal Drawings from Designated Revenues.


More Definitions of Designated Revenues

Designated Revenues means (1) the Public Agency Moneys and (2) the proceeds of the Loan pending the application thereof.
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Designated Revenues means the revenues referenced in Section 401 hereof. “DTC” shall mean The Depository Trust Company and its successors and assigns.
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Designated Revenues means all unrestricted revenues of the Board which include without limitation, tuition, fees and auxiliary enterprises net of scholarship allowances, sales and services, other operating revenues, state appropriations and unrestricted net asset balances.
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Designated Revenues means (1) Public Agency Moneys budgeted and appropriated for purposes of payment of the Loan Repayments and any other amounts due under the Loan Agreement, (2) the Pledged Revenues, and (3) the proceeds of the Loan pending the application thereof.
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Designated Revenues means two-thirds of the receipts of the County, net of administrative costs permitted to be deducted from such amount by §212.0305(5)(b)5, Florida Statutes, and §29-61.1(b) of the County Code (i.e., an amount not in excess of 2% of collections), from the Convention Development Tax deposited in the Dade County Convention Development Tax Trust Fund (the "Trust Fund"), created by
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Designated Revenues means:
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Designated Revenues means Additional Diesel Fuel Revenues and IM Revenues. "Director" shall mean the person holding the office of Director of Highways and Transportation,
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