Net Surplus Revenues definition

Net Surplus Revenues means the moneys in the Second Lien Qualified Obligations Account of the Surplus Revenue Fund.
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Net Surplus Revenues has the meaning set forth in the Installment Purchase Agreement. “Obligations” means the Bank Bonds, the Liquidity Advances, the Term Loans, the Letter of Credit Fees, the Reimbursement Obligations and all other obligations of the City to the Bank arising under or in relation to this Agreement or any other Related Document.
Sample 1

Examples of Net Surplus Revenues in a sentence

  • See APPENDIX A – “THE CITY OF ANAHEIM ELECTRIC SYSTEM – Indebtedness; Joint Powers Agency Obligations.” See also “PLAN OF REFUNDING.” Second, to the Second Lien Qualified Obligations Account the amount of Second Lien Qualified Obligation Service with respect to such calendar month (to the extent not already transferred to such Account in such month), or the entire amount of Net Surplus Revenues then available for transfer to the Second Lien Qualified Obligations Account, whichever is less.

  • Net Surplus Revenues Over Expenditure The net surplus of 603,592 USD comprises the following; 2004 2003USD USDSurplus Administrative Budget Revenues 76,109 18,161Investment Income 404,958 318,952Partner Fees 124,146 129,587Other Revenue/(Expense) (1,621) 5,882603,592 472,582The net surplus set out above has been allocated to the Funding Parties in accordance with the accounting policies and agreed responsibilities.

  • Until the Crossover Date, the Net Surplus Revenues in the Second Lien Qualified Obligations Account shall be held in trust by the Treasurer of the City for the benefit of the holders of the 2015-A Bonds and any other Second Lien Qualified Obligations.

  • Until the Crossover Date, the City is obligated to make 2015-A Purchase Payments (Second Lien Qualified Obligations) from the Net Surplus Revenues in the Second Lien Qualified Obligations Account.

Related to Net Surplus 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 the difference between:

  • Gross Revenue means:

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

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;