System Revenue Fund definition

System Revenue Fund means the System Revenue Fund Account referred to in Section 401
Sample 1Sample 2Sample 3
System Revenue Fund means the fund by that name created pursuant to Section 3.1
Sample 1Sample 2
System Revenue Fund. The term “System Revenue Fund” means the enterprise fund of the District in which System Revenues are deposited.
Sample 1

Examples of System Revenue Fund in a sentence

  • From and after the Crossover Date, the City shall deposit the Distribution System Gross Revenues as received in the Distribution System Revenue Fund.

  • The Airport System Revenue Fund (herein called the Revenue Fund), and a separate account therein to be known as the Operating Reserve Account, to be held and administered by the Authority.

  • If such eminent domain proceedings have had no effect, or at most an immaterial effect, upon the System Revenues and the security of the Installment Payments, and a Certificate of the City to such effect has been filed with the Trustee, then the City shall forthwith deposit such proceeds in the System Revenue Fund, to be applied as provided in Section 5.2 hereof.

  • Moneys on deposit in the System Revenue Fund not necessary to make any of the payments required above, may be expended by the City at any time for any purpose permitted by law, including but not limited to payments with respect to Subordinate Obligations.

  • This pledge, together with the pledge created by all other Parity Debt (including the 2016 Refunding Installment Payments), shall constitute a first and exclusive lien on System Revenues and, subject to application of amounts on deposit therein as permitted herein, the System Revenue Fund and other funds and accounts created hereunder for the payment of the Installment Payments and all other Parity Debt in accordance with the terms hereof and of the Indenture.

  • From and after the Crossover Date, the Distribution System Net Revenues in the Distribution System Revenue Fund shall be held in trust by the Treasurer of the City for the benefit of the holders of the 2009-A Bonds and any other Distribution System Parity Obligations.

  • The City may maintain separate accounts within the System Revenue Fund.

  • The "System Revenue Fund" created pursuant to the Prior Housing Indenture will continue to be maintained so long as any bonds remain outstanding under the Prior Housing Indenture, such System Revenue Fund shall constitute the Housing and Dining Revenues Account of the Revenue Fund until there are no bonds outstanding under the Prior Housing Indenture and all Housing and Dining Revenues shall be deposited therein.

  • Verbal abuse will not be allowed including swearing, name-calling or any other language offensive or demeaning to the person.

  • The amounts in the System Revenue Fund shall be invested in Authorized Investments.


More Definitions of System Revenue Fund

System Revenue Fund means the System Revenue Fund ratified and confirmed inSection 502 of this 2014 Bond Ordinance.
Sample 1Sample 2
System Revenue Fund means the fund by that name created pursuant to The Indenture.
Sample 1
System Revenue Fund means the Auxiliary Enterprise System Revenue Fund referred to in
Sample 1Sample 2
System Revenue Fund means the Sewer Operations Fund of the City. System Revenues
Sample 1
System Revenue Fund means the Fund by that name established pursuant to
Sample 1

Related to System Revenue Fund

  • System Revenues means all rates, rents, fees, charges,

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).