Pledged Revenues Account definition

Pledged Revenues Account means the Account of Subfund 1 of the Transportation Enterprise Special Fund created pursuant to and designated as such in Section 3.01 of the Master Indenture.

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Pledged Revenues Account means the account of that name within Subfund 1.

Pledged Revenues Account means the account of that name within the I-25 North Revenue Subfund.

Examples of Pledged Revenues Account in a sentence

• The Pledged Revenues Account shall be held and administered by the Trustee in accordance with this Master Indenture.

• There shall be deposited into the Project O&M Account on each Transfer Date from the Pledged Revenues Account pursuant to Section 3.02(c) hereof an amount which equals one-sixth of the amount budgeted to pay Project O&M Expenses during the next six months.

• There shall be deposited into the Rebate Account: (i) moneys transferred to the Rebate Account from the Pledged Revenues Account pursuant to Section 3.02(c) hereof; (ii) moneys transferred to the Rebate Account from the Bond Proceeds Subaccount of the Construction Account pursuant to Section 3.03(c)(ii) hereof; and (iii) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the Rebate Account.

• There shall be deposited into the Project Renewal and Replacement Account on each Transfer Date from the Pledged Revenues Account pursuant to Section 3.02(c) hereof an amount which equals one-sixth of the amount budgeted to pay Project Renewal and Replacement Costs during the next six months.

• There shall be deposited into the System Surplus Account: (A) moneys transferred to the System Surplus Account from the Pledged Revenues Account pursuant to Section 3.03(c) hereof; and (B) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the System Surplus Account.

• All amounts in the Ramp-Up Reserve Account may be released and transferred to the Pledged Revenues Account when the Total Debt Service Coverage Ratio has been greater than [ ] for two consecutive Calculation Dates, but in no event shall funds in the Ramp-Up Reserve Account be released prior to [ ].

• Pursuant to Section 3.03(c) of the Master Trust Indenture and Section 8(e) of this Agreement, beginning on the first monthly Transfer Date, following the TIFIA Loan Prepayment Commencement Date, 50% of the remaining amount in the Pledged Revenues Account after giving effect to the payments in clauses (i) through (x) of Section 8(e) of this Agreement shall be transferred to the TIFIA Loan Prepayment Account.

• There shall be deposited into the appropriate Debt Service Reserve Account: (A) proceeds of any Series of Bonds as provided in the Supplemental Indenture pursuant to which such Series of Bonds is issued; (B) moneys transferred to such Debt Service Reserve Account from the Pledged Revenues Account pursuant to Section 3.03(c) hereof; and (C) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the Bond Proceeds Subaccount.

• Moneys in the Pledged Revenues Account and the Surplus Account are available for the payment of and secure the Secured Obligations subject to the priorities set forth in Section 3.02 and Section 3.14 hereof, respectively.

• There shall be deposited into the Pledged Revenues Subaccount of the Project O&M Account: (A) moneys transferred to the Pledged Revenues Subaccount of the Project O&M Account from the Pledged Revenues Account pursuant to Section 3.03(c) hereof; and (B) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the Pledged Revenues Subaccount of the Project O&M Account.

More Definitions of Pledged Revenues Account

Pledged Revenues Account has the meaning provided in the Indenture.

Pledged Revenues Account means the Account of the I-25 North Revenue Subfund created pursuant to and designated as such in Section 3.01 of the Master Indenture.

Pledged Revenues Account means the account of that name in the Debt Service Fund established by the Indenture.

Pledged Revenues Account means the Pledged Revenues Account established in the Bond Fund pursuant to Section 501 hereof.

Pledged Revenues Account means the special account designated as the "City of Reno, Nevada, Capital Improvement Revenue Account" heretofore created and continued in the ordinance authorizing the issuance of the 2013A Bonds and continued herein, which shall be held separate and apart from the Bond Fund.