Revenue Surplus definition

Revenue Surplus means any remaining funds in the Revenue account after the full payment of the Provider Remuneration, the Licensee Remuneration, Regulatory Levy and any Penalties or Incentives payments.
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Revenue Surplus means the excess of revenue receipts over the revenue expenditure;
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Revenue Surplus any surplus which exists in a given Rate Year between the actual Total Revenues received by CONTRACTOR for services provided in such Rate Year and the Total Revenues required to compensate CONTRACTOR for Recoverable Expenses, Allowable Expenses and Net Revenues (calculated at the Maximum Operating Ratio).
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Examples of Revenue Surplus in a sentence

  • The manner of calculating and distributing the Annual Revenue Surplus are set forth below.

  • For each Fiscal Year during this Agreement, each Eligible Consortium Member (as defined below) shall be entitled to receive a distributive share of eSucceed’s Annual Revenue Surplus, in the event one exists.

  • The Purchase Price shall be (i) increased or decreased, [***], as the case may be, by the net aggregate amount, as finally determined, of any PRISM Test Asset Surplus, PRISM Test Asset Deficit, PRISM Test Non-Retail Revenue Surplus, PRISM Test Non-Retail Revenue Deficit, Special Liabilities and Customer Prepayments, and (ii) adjusted, if applicable, in the manner set forth in Section 6.01 hereof.

  • I hereby certify that I have no known or knowable physical or mental conditions that would affect my ability to safely operate firearms or otherwise participate in any activities at Lotus, or that would result in my participation creating a risk of danger to myself or to others.

  • If a Consortium Member does not meet the preceding requirements for a given Fiscal Year it shall not be entitled to receive any portion of the Annual Revenue Surplus for such Fiscal Year.

  • During each month, a Congestion Revenue Surplus would increase the cash reserve, and a Congestion Revenue Shortfall would decrease the cash reserve.

  • In the event there exists any remaining Annual Revenue Surplus after the divisions described in this paragraph, the remaining amount shall be divided equally among the Eligible Members.

  • For example, if at the end of the Annual Measurement Period the Actual Revenue Surplus was $200,000 and the Run Rate Shortfall was $300,000, the Purchase Price would be reduced by $22,000 pursuant to this clause (E) [(($300,000-$200,000) X 0.22 = $22,000].

  • In the event the Monthly Modified Parking Garage Revenue exceeds the then due and owing Garage Bond Debt Service (the “Garage Revenue Surplus”), the Garage Bond Trustee will be directed by Port KC to deposit the Garage Revenue Surplus into the New Garage Maintenance Reserve Fund.

  • Cumulative Carryforward Deficit" as used herein shall mean the sum of all Annual Distributable Net Revenue Deficits which have occurred in Annual Periods (none of which shall be escalated or adjusted) preceding the Annual Period for which a determination of the existence of an Annual Distributable Net Revenue Surplus or an Annual Distributable Net Revenue Deficit is to be made w hich have not previously been applied in such previous Annual Period determinations.


More Definitions of Revenue Surplus

Revenue Surplus means the amount by which actual receipts exceed the amount of receipts anticipated.
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Revenue Surplus means for each Calculation Date, the amount, if any, by which Available Issuer Revenue exceeds the aggregate amounts payable by the Issuer on the related Interest Payment Date, if such Interest Payment Date is on or following the Step-Up Date, under items (a) to (j) (inclusive) of the Pre-Enforcement Revenue Payments Priorities;
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Revenue Surplus means the ‘gross surplus of income over expenditure before prior period items’, as per the latest audited financial statements of the Issuer;
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Revenue Surplus means for each Calculation Date, the amount, if any, by which Available Issuer Revenue exceeds the aggregate amounts payable by the Issuer on the related Interest Payment Date, if such Interest Payment Date is on or following the Step- Up Date, under items (a) to (j) (inclusive) of the Pre-Enforcement Revenue Payments Priorities;
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Related to Revenue Surplus

  • Operating Surplus means, with respect to any period ending prior to the Liquidation Date, on a cumulative basis and without duplication,

  • Capital Surplus has the meaning assigned to such term in Section 6.3(a).

  • Adjusted Operating Surplus means, with respect to any period, (a) Operating Surplus generated with respect to such period less (b) (i) the amount of any net increase in Working Capital Borrowings (or the Partnership’s proportionate share of any net increase in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period and (ii) the amount of any net decrease in cash reserves (or the Partnership’s proportionate share of any net decrease in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period not relating to an Operating Expenditure made with respect to such period, and plus (c) (i) the amount of any net decrease in Working Capital Borrowings (or the Partnership’s proportionate share of any net decrease in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period, (ii) the amount of any net decrease made in subsequent periods in cash reserves for Operating Expenditures initially established with respect to such period to the extent such decrease results in a reduction in Adjusted Operating Surplus in subsequent periods pursuant to clause (b)(ii) above and (iii) the amount of any net increase in cash reserves (or the Partnership’s proportionate share of any net increase in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period required by any debt instrument for the repayment of principal, interest or premium. Adjusted Operating Surplus does not include that portion of Operating Surplus included in clause (a)(i) of the definition of “Operating Surplus.”

  • Common Surplus means the amount of all receipts or revenues, including assessments, rents, or profits, collected by a condominium association which exceeds common expenses.

  • Statutory Surplus means, with respect to any Insurance Subsidiary at any time, the statutory capital and surplus of such Insurance Subsidiary at such time, as determined in accordance with SAP ("Liabilities, Surplus and Other Funds" statement, page 3, line 25 of the Annual Statement for the 1995 Fiscal Year entitled "Surplus as Regards Policyholders").