Rate Covenant definition

Rate Covenant means the Authority’s covenant contained in Section 5.01 to impose rates and charges in the manner described therein.

Rate Covenant has the meaning set forth in Section 14(a) (Affirmative Covenants – Rate Covenant).

Rate Covenant means the rate covenant of the District set out in Section 705(a) of this Trust Agreement.

Examples of Rate Covenant in a sentence

• UPDATES ON DIRECTORS’ INFORMATION UNDER RULE 13.51B(1) OF THE LISTING RULES Ms. Li Kei Ling, the Chairman of the Board, resigned as chief executive officer from 18 April 2016, details of the above change were set out in the announcement of the Company dated 18 April 2016.

• Section 5.1. Maintenance of Existence, Etc 30 Section 5.2. Access and Reporting 30 Section 5.3. Further Assurances 33 Section 5.4. Application of Proceeds 33 Section 5.5. Compliance with Legal Requirements 33 Section 5.6. Payment of Debt 33 Section 5.7. Authority Documents 33 Section 5.8. Rate Covenant 34 Section 5.9. Creation of Debt and Liens 34 Section 5.10.

• The New Master Trustee shall have the right to compel specific performance of the Interest Rate Covenant.

• The Port has further bound itself to establish, maintain and collect rentals, tariffs, rates and charges in the operation of all of its business for as long as any bonds of this issue are outstanding that it will make available, for the payment of the principal thereof and interest thereon as the same shall become due, Available Intermediate Lien Revenues in an amount equal to or greater than the Rate Covenant defined in the Intermediate Lien Master Resolution.

• The Port has further bound itself to establish, maintain and collect rentals, tariffs, rates and charges in the operation of all of its businesses for as long as any bonds of this issue are outstanding that it will make available, for the payment of the principal thereof and interest thereon as the same shall become due, Available Intermediate Lien Revenues in an amount equal to or greater than the Rate Covenant defined in the Intermediate Lien Master Resolution.

More Definitions of Rate Covenant

Rate Covenant means the covenant of the Issuer set forth in Section 303 of this Trust Indenture.

Rate Covenant means the requirements set forth in the paragraph entitled “Rate Covenant” in the Section entitled “Additional General Covenants and Representations.”

Rate Covenant means the Port’s covenant contained in Section 5.01 hereof to fix, revise, maintain and collect CFCs and Contingent Fee Payments in the manner described therein.

Rate Covenant means the covenant as to fees, rates and other charges described in Section 7.1 hereof.

Rate Covenant means the rate covenant provided for in Sections 15(a) and (b) of the WIFIA Bond Ordinance.

Rate Covenant means the obligation of the Authority to fix, charge, collect and revise rates, fees and other charges for the use of and the services furnished by the Systems sufficient to meet the requirements of Section 7.01(a).

Rate Covenant means the Town’s covenant under Section 6.6.