Residual Revenues definition

Residual Revenues means all amounts deposited in the Residual Fund.

Residual Revenues has the meaning set forth in Section 8.01.

Residual Revenues means those revenues that remain in the waterfall account after the rate reduction bond fee is transferred to the Servicer and which are to be released to BPL to fund operations;

Examples of Residual Revenues in a sentence

• The Note is also subject to targeted mandatory prepayment in part from Subordinate Residual Revenues available for such payment at the principal amount thereof (without prepayment penalty) plus accrued interest thereon from targeted mandatory sinking account payments on the dates and in the amounts with respect to targeted mandatory sinking fund redemption of the Series B Bonds set forth in Section 4.1(a)(ii) of the Indenture.

• Evidence in a form satisfactory to the Underwriters of an agreement to invest the proceeds of the Bonds (including transferred proceeds, if any) held in the Mortgage Loan Fund, the Revenue Fund and the Residual Revenues Fund in a manner permitted under the Trust Indenture, the Depository Agreement and the Act.

• The City shall not issue any bonds or other evidences of indebtedness that are secured by a pledge or lien on all or any portion of the Sales Tax Revenues; provided that as holder of the Residual Certificate the City may apply Residual Revenues for any lawful corporate purpose of the City, including the payment of indebtedness secured thereby.

• Nonpayment of Interest on this Note representing the interest portion of payments with respect to the Series C Bonds on any Interest Payment Date due to insufficient Subordinate Residual Revenues, shall not be an Event of Default under the Loan Agreement.

• Nonpayment of Interest on this Note representing the interest portion of payments with respect to the Series B Bonds on any Interest Payment Date due to insufficient Subordinate Residual Revenues, shall not be an Event of Default under the Loan Agreement.

• In the event that the Subordinate Residual Revenues DMWEST #10651913 v3 B-1 are not sufficient to pay the accrued interest due and payable on this Series B Bond on an Interest Payment Date remains, such unpaid interest shall be deferred.

• Nonpayment of interest on this Series B Bond on any Interest Payment Date due to insufficient Subordinate Residual Revenues shall not be an Event of Default under the Indenture.

• The Trustee and the Trust Company shall invest funds relating to the Series 2020 Bonds held in the Series 2020 Acquisition Account, the Series 2020 Revenue Account, the Series 2020 Residual Revenues Account, the Series 2020 Costs of Issuance Account, and the Series 2020 Expense Account in accordance with the Department’s written instructions to the Trustee and the Trust Company.

• The Revenue Fund shall be held by the Trustee for the benefit of the Series A Bonds, except to the extent of the application of Subordinate Residual Revenues for the benefit of the Series B Bonds pursuant to paragraph (e) below.

• The Note is also subject to targeted mandatory prepayment from Subordinate Residual Revenues available for such payment at the targeted Sinking Account Payments (without prepayment penalty) on the dates and in the amounts with respect to Targeted Mandatory Sinking Fund redemption with respect to the Series C Bonds set forth in Section 4.1(a)(iii) of the Indenture.

More Definitions of Residual Revenues

Residual Revenues has the meaning set forth in Section 8.01 of this Agreement.

Residual Revenues means all net revenues which are received by Grantor in respect of the Property Interests (other than Production Revenues and the net proceeds of a Disposition of Petroleum and Natural Gas Rights allocated to the interests in the NPI sold pursuant to such Disposition) and the Royalty Interests, including: (A) fees and similar payments made by third parties for the processing, transportation, gathering or treatment of their Petroleum Substances in, by or through Tangibles; (B) proceeds from the sale of Tangibles and Miscellaneous Interests; (C) insurance proceeds, excluding business interruption insurance and property damage insurance to the extent such amounts are used to purchase additional Property Interests subject to the NPI; (D) proceeds from the sale or licensing of seismic and similar data; (E) incentives, rebates and credits in respect of Production Costs; (F) proceeds from Swaps; (G) take or pay and similar payments made to the Grantor in lieu of a buyer purchasing some of the Production or as compensation for a buyer not purchasing some of the Production; (H) ARTC received by the Grantor; and (I) any amounts allocated out of the Reserve Fund unless used to fund payment of Production Costs;

Residual Revenues means funds disbursed from the "Residual Revenue Account" pursuant to Section 3.8(d) of the Transfer and Deposit Agreement.

Residual Revenues means the Grantor’s Share of all Production Revenue from the sale of Petroleum Substances other than petroleum, natural gas and related hydrocarbons (including condensate and natural gas liquids and heavy crude oil produced to any stage that is not beyond the crude oil stage equivalent) and the Royalty Interests;

Residual Revenues means the Grantor’s Share of all net revenues which are received by Grantor in respect of the Property Interests (other than NPI Revenues and the net proceeds of a disposition of Petroleum and Natural Gas Rights allocated to the interests in the NPI sold pursuant to such disposition) and the Royalty Interests, including: (A) fees and similar payments made by third parties for the processing, transportation, gathering or treatment of their Petroleum Substances in, by or through Tangibles; (B) proceeds from the sale of Tangibles and Miscellaneous Interests; (C) insurance proceeds, excluding business interruption insurance and property damage insurance to the extent such amounts are used to purchase additional Property Interests subject to the NPI; (D) proceeds from the sale or licensing of seismic and similar data; (E) incentives, rebates and credits in respect of Production Costs; (F) revenues from Commodity Price and Currency Swaps; (G) take or pay and similar payments made to the Grantor in lieu of a buyer purchasing some of the Production or as compensation for a buyer not purchasing some of the Production; and (H) ARTC received by the Grantor;