District Pledged Revenue definition

District Pledged Revenue means, collectively, (a) the District Debt Service Mill Levy Revenue, (b) the revenue from the Pledged District Specific Ownership Taxes, and (c) Add-On PIF Revenue.
District Pledged Revenue means, collectively, the revenue produced by (a) the District Debt Service Mill Levy in an amount not less than forty (40) xxxxx, (b) the District Specific Ownership Taxes, and (c) PIF Revenue.
District Pledged Revenue means, collectively, (a) the District Property Tax Revenues, and (b) the District Specific Ownership Taxes.

Examples of District Pledged Revenue in a sentence

  • The District will not enter into any agreement or transaction that impairs the rights of the Parties, including, without limitation, the right to receive, apply and pledge District Pledged Revenue to payment of the District Bonds.

  • The District agrees to irrevocably pledge the District Pledged Revenue to the payment of such District Bonds.

  • Our analysis of B0919 06 focuses on 12 observations detailed in Table 1.

  • Any such payment or reimbursement of Eligible Costs pursuant to this Agreement shall be made: (a) from the Net Proceeds of the District Bonds, or (b) with District Pledged Revenue in accordance with Section 4.7 to the extent that no District Bonds have been issued.

  • The lien on the Residential District Pledged Revenue has priority over any or all other obligations and liabilities of the Residential District.

  • The District Pledged Revenue shall be pledged to the payment of the principal of, interest on, and any premium due in connection with the redemption of the District Bonds, and may also be pledged to the payment of any other District Bond Requirements.

  • The District shall irrevocably pledge the District Pledged Revenue to the payment of such District Bonds.

  • All books, records and reports (except those allowed or required by applicable law to be kept confidential) in the possession of the Town and the District, including, without limitation, those relating to the Pledged Revenue, Eligible Improvements, Eligible Costs, District Pledged Revenue, District Operating Revenue, and District Bonds will at all reasonable times be open to inspection by such accountants or other agents as the respective Parties may from time to time designate.

  • In the event that there are insufficient District Pledged Revenue to make such payments or reimbursements that have been requested by the Developer or the District, this shall not constitute an Event of Default under this Agreement, any such payments or reimbursements shall be made only from available District Pledged Revenue and any unpaid request, or portion thereof, shall be made when District Pledged Revenue is thereafter received by the Escrow Agent.

  • The lien on the Residential District Pledged Revenue has priority over any or all other obligations and liabilities of the District.


More Definitions of District Pledged Revenue

District Pledged Revenue means, collectively, the revenue produced by (a) the District Debt Service Mill Levy in an amount not less than forty (40) mills, (b) the District Specific Ownership Taxes, and (c) PIF Revenue.

Related to District Pledged Revenue

  • Pledged revenue means money pledged to the payment of or as security for:

  • Pledged Revenues means all of the Series Pledged Revenues.

  • District Property means all property owned by the District including, but not limited to, the Amenity Center, common areas, parking lots and ponds.

  • Estimated Provincial Subsidy means the estimated provincial subsidy to be provided by a LHIN to an HSP calculated in accordance with Applicable Law and Applicable Policy.

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • district heating or ‘district cooling’ means the distribution of thermal energy in the form of steam, hot water or chilled liquids, from a central source of production through a network to multiple buildings or sites, for the use of space or process heating or cooling;

  • Pledged Funds means all of the Series Pledged Funds.

  • Pledged Items means, as of any date, any and all securities and instruments delivered by the Pledgor to be held by the Collateral Agent under this Collateral Agreement as Collateral, whether Eligible Collateral or Ineligible Collateral.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • foreign ship means a ship which—

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • Pledged Equity has the meaning specified in the Security Agreement.

  • District and high school graduation report means a report of the number of pupils, excluding adult education participants, in the district for the immediately preceding school year, adjusted for those pupils who have transferred into or out of the district or high school, who leave high school with a diploma or other credential of equal status.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Pledged Bonds means any Bonds purchased by the Borrower with payments made on the Credit Facility, which Bonds are registered in the name of the Borrower and held by the Trustee on behalf of the Credit Enhancer pursuant to the terms of the Bond Pledge Agreement, until such time as such Bonds are sold by the Borrower or by the Remarketing Agent.

  • District Office – means the office of the District as established by the Board.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • municipal debt instrument means any note, bond, debenture or other evidence of indebtedness issued by a municipality, including dematerialised or electronic evidence of indebtedness intended to be used in trade;

  • district municipality means a municipality that has municipal executive and legislative authority in an area that includes more than one municipality, and which is described in section 155 (1) of the Constitution as a category C municipality;

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • Additional Pledged Collateral means all shares of, limited and/or general partnership interests in, and limited liability company interests in, and all securities convertible into, and warrants, options and other rights to purchase or otherwise acquire, stock of, either (i) any Person that, after the date of this Agreement, as a result of any occurrence, becomes a direct Subsidiary of any Grantor or (ii) any issuer of Pledged Stock, any Partnership or any LLC that are acquired by any Grantor after the date hereof; all certificates or other instruments representing any of the foregoing; all Security Entitlements of any Grantor in respect of any of the foregoing; all additional indebtedness from time to time owed to any Grantor by any obligor on the Pledged Notes and the instruments evidencing such indebtedness; and all interest, cash, instruments and other property or Proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing, provided, that, in no event shall Additional Collateral include any Excluded Equity. Additional Pledged Collateral may be General Intangibles or Investment Property.

  • District Engineer means the District Engineer of Sacramento Regional County Sanitation District, and Sacramento Area Sewer District, or his designee.

  • System Revenues means all rates, rents, fees, charges,

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,