Pledged revenue means money pledged to the payment of or as security for:
Pledged revenue means money pledged to the payment of or as security for bonds or other indebtedness issued by a local govern- ment; obligations under a lease, installment sale, or other agree- ment of a local government; or certificates of participation in a debt or obligation.
Pledged revenue means revenue specifically approved by the Department and dedicated to the repayment of the loan.
Examples of Pledged revenue in a sentence
Under the laws of the State, such pledge and assignment and security interest is automatically perfected by Section 11-14-501, Utah Code, and is and shall have priority as against all parties having claims of any kind in tort, contract, or otherwise hereafter imposed on the Pledged Revenue.
Under the laws of the State, such pledge and assignment and security interest is automatically perfected by Section 00-00-000, Utah Code, and is and shall have priority as against all parties having claims of any kind in tort, contract, or otherwise hereafter imposed on the Pledged Revenue.
More Definitions of Pledged revenue
Pledged revenue means, collectively, the District Pledged Revenue and the Authority Pledged Revenue.
Pledged revenue means project sponsor revenue specifically approved by the Department and dedicated topledged for the repayment of the loan.
Pledged revenue means, as to any series of Obligations, (A) the proceeds of such Obligations, including investment earnings, (B) proceeds of the Assessments pledged to secure the payment of such Obligations, and (C) any other legally available non-ad valorem revenue pledged, at the Council's sole option, to secure the payment of such Obligations, as specified by the Ordinance and any resolution authorizing such Obligations.
Pledged revenue means the District Pledged Revenue and any other amounts remitted to the District Bond Trustee and pledged to the payment of District Bonds under this Agreement.
Pledged revenue means the following:
Pledged revenue means (i) all rights of payment of monetary obligations, including rights to payment for goods and general intangibles sold, leased, licensed, assigned or otherwise disposed of; (ii) all rights to payment for services rendered or to be rendered; (iii) all rights under all documents and instruments and all sums of money or other proceeds due or becoming due thereon to the extent the same result from the sale, license or other disposition of the Borrower’s property, products or services, and all rights pertaining to and interest in such documents and instruments; (iv) all other rights and claims to the payment of money, under contracts or otherwise; all rights to payment evidenced by chattel paper or an instrument to the extent the same result from the sale, license or other disposition of the Borrower’s property, products or services; (v) all deposit accounts to the extent that such deposit accounts contain any of the foregoing items; and (vi) all other property constituting accounts (as defined in the UCC). “Pledged Revenues” shall not include funds received by the Borrower from capital raising activities.
Pledged revenue means all TDD Revenues on deposit in the Revenue Fund established by the Indenture and all moneys on deposit in the Debt Service Fund established by the Indenture, together with investment earnings thereon, determined as follows: