FILOT Revenues definition

FILOT Revenues means the revenues received by the County from the Company’s payment of the FILOT.
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FILOT Revenues means the revenues received by the County from the Sponsor’s payment of Negotiated FILOT Payments.
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FILOT Revenues means the revenues received by the County from payment of the FILOT by the Company and/or any Company Affiliate.
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Examples of FILOT Revenues in a sentence

  • The parties acknowledge that the County’s right to receive FILOT Revenues hereunder shall have a first priority lien status pursuant to Section 12-44-90 of the Code, and Chapters 4 and 54 of Title 12 of the Code.

  • The County's right to receive FILOT Revenues as Additional Rent hereunder shall have a first priority lien status pursuant to Section 4-12-30(Q)(5) of the Act and Chapters 4 and 54 of Title 12 of the Code.

  • In addition to all other remedies herein provided, the nonpayment of FILOT Revenues shall constitute a lien for tax purposes as provided in Section 4-12-30(Q)(2) and (5) of the Act.

  • The Treasurer shall create a special fund of the County to be designated as the “Newberry County Series 2021 Special Source Revenue Bond Revenue Fund” (the “Revenue Fund”), wherein all Net FILOT Revenues shall be deposited when received by the Treasurer.

  • In the event, after application of the Net FILOT Revenues as provided above, all outstanding principal hereunder shall not have been paid by February 15, 2023, then the remaining balance shall be forgiven.

  • For security of the payment of this Bond, the County hereby irrevocably pledges to the registered owner hereof, the Net FILOT Revenues received by the County; provided, however, that all Net FILOT Revenues received by it in any year in excess of the amounts payable hereunder in that year shall be retained by the County and applied as provided in the MCIP Agreement.

  • For as long as the Bond shall remain Outstanding, the provisions of this Article VII shall govern the distribution of Net FILOT Revenues in lieu of the provisions of Section 3.03(a)(ii) of the Park Agreement.

  • The findings and recommendations from the Pan Scotland work are congruent with the priorities for action in Everyone Matters 2020 Workforce Vision Implementation Framework and plan 2014-15 which are  Healthy Organisational Culture Sustainable Workforce Capable workforce Integrated workforce Effective leadership and management In particular workforce planning needs robust information and intelligence to support sustainability, for example in 7 day service provision.

  • For the first seven FILOT Payments received pursuant to the Fee Agreement, the County shall retain 90% of the Residual FILOT Revenues and distribute the remaining 10% to the Newberry County School District.

  • On each Bond Payment Date, fifty percent (50%) of the annual Net FILOT Revenues (hereinafter defined) shall be applied to the outstanding principal balance hereunder, until the earlier of (i) such time as all principal hereunder shall have been paid in full or (ii) February 15, 2023.


More Definitions of FILOT Revenues

FILOT Revenues means the payments in lieu of taxes which the Company is obligated to pay to the County for the Project in the Park pursuant to Section 4.1 hereof.
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FILOT Revenues means the payments in lieu of taxes which the Tenant is obligated to pay to the County pursuant to Section 6.03 hereof.
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FILOT Revenues means the payments in-lieu-of taxes received by the Treasurer pursuant to the Park Agreement.
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Related to FILOT Revenues

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenues means revenues less related expenses, including

  • Project Revenues means all rates, rents, fees, assessments, charges, and other receipts derived or to be derived by a qualified borrower from a qualified project or made available from a special source, and, as provided in the applicable financing agreement, derived from any system of which the qualified project is a part of, from any other revenue producing facility under the ownership or control of the qualified borrower including, without limitation, proceeds of grants, gifts, appropriations and loans, including the proceeds of loans made by the bank, investment earnings, reserves for capital and current expenses, proceeds of insurance or condemnation and proceeds from the sale or other disposition of property and from any other special source as may be provided by the qualified borrower.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

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

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act