Income of the authority definition

Income of the authority means all revenues derived directly or indirectly by the authority from the use and operation of the airport, including, but not limited to, interest on investments and all rentals, fees, rates, or other charges for the use of the airport, or for any services rendered by the authority in the operation thereof, but excluding, if necessary or appropriate, money received as grants or gifts from the federal government or the state or other sources, the use of which is limited by the grantor or donor to the construction of capital improvements to an airport.
Sample 1Sample 2Sample 3

Examples of Income of the authority in a sentence

  • Income of the authority is considered to be for a public and governmental purpose.

  • Income of the authority is exempt from all taxation in the state.

Related to Income of the authority

  • Where the Authority funds this Contract using ESF funds the Contractor shall within four (4) weeks of expiry or termination of this Contract provide evaluation information to the Authority which: a) summarises the project, focusing on how it has helped to achieve the project objectives set out in the specification; b) is concise, being no more than one A4 page in length; and c) indicates whether the objectives have been fully achieved or only partly achieved and sets out any other relevant issues in this context.

  • the Authority means a billing authority in relation to whose area this scheme has effect by virtue of paragraph 4(6) of Schedule 1A to the 1992 Act;

  • Fire authority means the department, agency, or public entity with responsibility

  • Applicable Authority means (a) with respect to SOFR, the SOFR Administrator or any Governmental Authority having jurisdiction over the Administrative Agent or the SOFR Administrator with respect to its publication of SOFR, in each case acting in such capacity and (b) with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any Governmental Authority having jurisdiction over the Administrative Agent or such administrator with respect to its publication of the applicable Relevant Rate, in each case acting in such capacity.

  • PURCHASE AUTHORITY means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the purchaser.

  • Sale of the Artwork means the transfer of title and ownership of the Artwork to an un-Affiliated third-party and receipt by the Company of value therefor as determined by the Board.

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • your authority ("eich awdurdod") means the relevant authority of which you are a member or co-opted member.

  • Health Care Authority or “HCA” means the Washington State Health Care Authority, any division, section, office, unit or other entity of HCA, or any of the officers or other officials lawfully representing HCA.

  • the 1989 Act means the Local Government and Housing Act 1989;

  • Legislative authority means, with respect to a regional transit authority, the board of trustees thereof, and with respect to a county that is a transit authority, the board of county commissioners.

  • the 2000 Act means the Local Government Act 2000;

  • the 2003 Act means the Health and Social Care (Community Health and Standards) Act 2003;

  • REIT Provisions of the Code means Sections 856 through 860 of the Code and any successor or other provisions of the Code relating to real estate investment trusts (including provisions as to the attribution of ownership of beneficial interests therein) and the regulations promulgated thereunder.

  • the 1985 Act means the Companies Act 1985;

  • Executive Authority means the executive committee or executive mayor of the Municipality or, if the Municipality does not have an executive committee or executive mayor, a committee of councillors appointed by the Municipal Council;

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • the 2006 Act means the National Health Service Act 2006;

  • Compliance Authority means each and all of the (a) U.S. Treasury Department/Office of Foreign Assets Control, (b) U.S. Treasury Department/Financial Crimes Enforcement Network, (c) U.S. State Department/Directorate of Defense Trade Controls, (d) U.S. Commerce Department/Bureau of Industry and Security, (e) the U.S. Internal Revenue Service, (f) the U.S. Justice Department, and (g) the U.S. Securities and Exchange Commission.

  • Head of the agency or "Secretary" shall mean the Secretary, the Under Secretary, and Assistant Secretary, or any other head or assistant head of the executive or military department or other Federal agency.

  • the 2002 Act means the Nationality, Immigration and Asylum Act 2002;

  • the 1991 Act means the Water Industry Act 1991(a);

  • Authority means any governmental, regulatory or administrative body, agency or authority, any court or judicial authority, any arbitrator, or any public, private or industry regulatory authority, whether international, national, Federal, state, or local.

  • Federal Power Act means the Federal Power Act, as amended, 16 U.S.C. §§ 791a, et seq.

  • Prescriptive authority means the legal authority to prescribe medications and devices as defined by party state laws.