Examples of Discretionary revenues in a sentence
The District shall ensure that (i) Discretionary Revenues minus Discretionary Expenditures for each fiscal year divided by (ii) Annual Debt Service for such fiscal year is not less than 1.25.
The District shall ensure that (i) Discretionary Revenues minus Discretionary Expenditures for each fiscal year divided by (ii) Annual Debt Service for such fiscal year is not less than 1.25.
Eligible revenue means the property tax increment and any
Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)
Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and
Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.
Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.