Project Revenues definition
Examples of Project Revenues in a sentence
The Borrower understands, acknowledges and agrees that the Project Revenues shall be deposited and applied as provided for herein and in the Indenture, including without limitation, Section 5.02 thereof with respect to amounts required to be deposited in the Bond Fund.
Such Operating Budget shall set forth in reasonable detail the estimated Project Revenues, Operating Expenses, and Capital Expenditures from the Replacement Reserve Fund for the Project for such Fiscal Year and the estimated investment income and estimated amounts to be deposited in and withdrawn from (and the purposes for such withdrawals) the Escrow Fund, Replacement Reserve Fund and Administrative Expense Account under the Indenture.
The Agent shall deposit into the Project Dominion Account, as received, each and every payment of Project Revenues or proceeds thereof delivered to the Agent in accordance with Section 2.2 hereof.
The State must submit to CMS for approval a draft evaluation design no later April 1, 2012.
Without limiting the foregoing, Collecting Bank does hereby acknowledge and agree that Lakes is the holder of a prior perfected security interest in the Project Revenues notwithstanding their deposit into the Collection Bank Account or their other transfer to the Collecting Bank, and hereby waives any conflicting security interest or rights of set off in or to any of such Project Revenues and related Collateral.