Revenue Obligations definition

Revenue Obligations means obligations for the payment of money by a governmental issuer where the obligations are payable from revenues, earnings, or special assessments on properties benefited by local improvements of the issuer which are specifically pledged therefor;
Revenue Obligations means (a) the Loan; (b) any revenue bonds of the Borrower outstanding from time to time and payable from, or secured by a pledge of or lien upon, System Revenues; and (c) any capital leases entered into by the Borrower the rentals of which are payable from, or secured by a pledge of or lien upon, System Revenues.
Revenue Obligations means any revenue bonds, notes or other obligations authorized by and authenticated and delivered or any loan agreement executed and delivered pursuant to the Resolution.

Examples of Revenue Obligations in a sentence

  • However, certain expenditures associated therewith do not constitute Capital Costs or Operating Expenses (‘Operating Expenses’) as defined in the Authority’s General Resolution Authorizing Revenue Obligations dated February 24, 1998, as amended and supplemented (‘Bond Resolution’).

  • Our audits were conducted for the purpose of forming an opinion on the Statement of Changes in Program Assets of the Petroleum Inspection Fee Revenue Obligations Program.

  • The Municipal Revenue Obligation payments shall not be included in the computation of the Village’s constitutional debt limitation, because the Municipal Revenue Obligations payments are limited and conditional, and no taxes have been or will be levied for its payment or Excess Tax Increment or other taxes pledged to its payment.

  • Cypress uses Biagio Marini’s Affetti Musicali as an example of this phenomenon.

  • Today’s recommendations will provide the Authority with the required authorization to pursue its determination to issue the Revenue Obligations on behalf of the Borrower.


More Definitions of Revenue Obligations

Revenue Obligations means: (a) the Loan; (b) any revenue bonds of the Municipality outstanding from time to time and payable from, or secured by a pledge of or lien upon, System Revenues; and (c) any capital leases entered into by the Municipality the rentals of which are payable from, or secured by a pledge of or lien upon, System Revenues.
Revenue Obligations means Senior Lien Revenue Obligations, Junior Lien Revenue Obligations, Junior Subordinate Revenue Obligations and any other long-term Debt payable from or secured by an interest in the Operating Revenues senior to or on a parity with the Junior Subordinate Lien Revenue Obligations.
Revenue Obligations means the Orange County Sanitation District Wastewater Refunding Revenue Obligations, Series 2012B, executed and delivered by the Trustee pursuant hereto, which are certificates of participation, evidencing direct, undivided fractional interests in the Installment Purchase Agreement and the related Installment Payments, and the interest thereon.
Revenue Obligations means the Orange County Sanitation District Wastewater
Revenue Obligations means, with respect to each District, its Senior Revenue Obligations and Subordinate Revenue Obligations.
Revenue Obligations means, as to each District, the obligation of such District to pay its Proportionate Share of deficiencies required to pay obligations secured by the Deed of Trust.
Revenue Obligations means, without duplication, (i) the Loan; (ii) any Existing Revenue Obligation; and (iii) any Additional Revenue Obligation.