Revenue anticipation notes definition

Revenue anticipation notes has the meaning set forth in the Transportation Resolution. For purposes of clarity, “Revenue Anticipation Notes” means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or
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Revenue anticipation notes means a note or notes of the corporation not
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Revenue anticipation notes or "notes" means revenue
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Examples of Revenue anticipation notes in a sentence

  • The statutory authority for issuing Tax and Revenue Anticipation Notes (“TRANs”) is contained in Government Code Section 53850 et seq.

  • The District may issue Revenue Anticipation Notes (RANs) and Tax Anticipation Notes (TANs), in anticipation of the receipt of revenues.

  • Consulting Principal is a full release master principal who provides mentorship to novice principals, assists in the development and delivery of professional development for administrators, and provides intense support to veteran principals identified by their supervisor as needing improvement in performance.

  • Short-term borrowing may be issued to generate funding for cash flow needs in the form of Tax and Revenue Anticipation Notes (TRAN).

  • Ultimate responsibility regarding post-issuance compliance for all matters relating to County financings and refundings, other than Tax and Revenue Anticipation Notes ("TRANs"), rests with the County Administrator (the "Administrator").

  • The County will consider issuing Tax and Revenue Anticipation Notes for annual cash flow purposes or other short-term financing instruments to the extent such notes would reduce expenses, increase revenues and/or expedite the meeting of County goals.

  • Potential financing sources include Tax and Revenue Anticipation Notes, commercial bank lines of credit, temporary borrowing from the County of Los Angeles Treasurer, and internal temporary inter-fund borrowing.

  • Any excess realized or loss sustained will be reflected in question 13.2.• Obligations Issued – Serial Bonds – par value of serial bonds sold.• Installment Bonds – par value of installment bonds sold.• Bond Anticipation Notes – the amount of notes issued in anticipation of the sale of bonds.• Capital Notes – par value of capital notes sold.• Revenue Anticipation Notes – amount of note issued on revenue anticipation.

  • For purposes of this provision, Tax-exempt Notes shall include such securities as Tax Anticipation Notes, Revenue Anticipation Notes, Bond Anticipation Notes, Construction Loan Notes, and Tax-exempt commercial paper.

  • Short-term borrowing, such as commercial paper, Tax and Revenue Anticipation Notes (TRANS), and lines of credit, will be considered as an interim source of funding in anticipation of long-term borrowing.


More Definitions of Revenue anticipation notes

Revenue anticipation notes or "notes" means revenue anticipation notes authorized by and issued in accordance with this part 7.
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Revenue anticipation notes means notes issued by the
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Revenue anticipation notes has the meaning set forth in the Transportation Resolution. For purposes of clarity, “Revenue Anticipation Notes” means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or
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Revenue anticipation notes means Notes issued in accordance with Section 607 hereof in anticipation of user fees or the receipt of state or federal funds;
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Revenue anticipation notes means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or
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Revenue anticipation notes means any note or notes the proceeds of which are used for working capital or Operating and Maintenance Expenses (as defined in the Transportation Resolution) issued by the Authority or any other Related Transportation Entity (as defined in the Transportation Resolution) (i) having a final maturity date of not more than eighteen months from the date of issuance, (ii) authorized by the Authority or any other Related Transportation Entity only in anticipation of the receipt of (a) Operating Subsidies or (b) MTA Aid Trust Account Receipts, which are anticipated to be sufficient to pay in full the principal of and any net interest on such Revenue Anticipation Notes, (iii) secured in whole or in part by a lien prior to the lien and pledge of the Transportation Resolution on such Operating Subsidies or such MTA Aid Trust Account Receipts and (iv) meeting the requirements of Section 206.2
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Related to Revenue anticipation notes

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.