Toll revenues means the revenues derived from the use of the toll roads.
Toll revenues means all revenues charged by or on behalf of the concessionaire in respect of vehicles using the toll road during the term, including revenues collected through an electronic tolling system.
Toll revenues means all revenues actually received by or on behalf of Developer, either directly or when deposited into the Toll Revenue Account, in connection with the Project or the tolling thereof, including:
Examples of Toll revenues in a sentence
Toll revenues are recognized on the date trips are taken on the Highway.
Toll revenues depend on toll receipts and are affected by changes in traffic volumes.
Toll revenues from the Illiana Corridor will be used to pay availability payments to the concessionaire.
Toll revenues are often supplemented by public sector subsidies in the form of upfront construction payments, right-of-way acquisition, or through payments made to the concessionaire during the operating period based on availability and overall performance of the facility (availability payments).
Toll revenues" means all revenues charged by or on behalf of the concessionaire in respect of vehicles using the toll road during the term, including revenues collected through an electronic tolling system.
More Definitions of Toll revenues
Toll revenues means the revenues earned by the imposition of Tolls on users of the Toll Road;
Toll revenues means all revenue actually received (or expected to be received, as the context may require) by the Concessionaire as a result of HPTE charging Tolls in accordance with the Concession Agreement for the use of the Managed Lanes.
Toll revenues means all revenues actually received by or on behalf of Developer in connection with the Project or the tolling thereof, including:
Toll revenues means revenues received from tolls established by HRTAC for the use of any new or improved highway, bridge, or tunnel within one or more of the Member Localities.
Toll revenues means all amounts received by or on behalf of the Concessionaire from user fees applicable to vehicles for the privilege of traveling on the HOT Lanes imposed pursuant to the Comprehensive Agreement and from any other permitted use or operation of the HOT Lanes, including without limitations fees, tolls, rates, incidental charges and other charges (including administrative charges such as late fees, insufficient funds fees etc.).
Toll revenues means (a) toll revenues, user fees, fines, rents or other similar charges payable for use of the Project, including receipts from the sale or rental of transponders, as well as fines and penalties and interest thereon collected as a result of a failure to pay any such amounts,(b) proceeds of insurance payable to or received by the Borrower with respect to the Project (whether by way of claims, return of premiums, ex gratia settlements or otherwise), including proceeds from business interruption insurance and loss of advance profits insurance, but excluding proceeds of fire and other casualty insurance, (c) proceeds of any condemnation awards with respect to the Project, except to the extent deposited to the Insurance and Condemnation Proceeds Account of the Project Fund and actually applied or reserved for application to the replacement of the Project, (d) liquidated damages for delayed completion of a Project paid to the Borrower under any construction contract relating to the Project or a portion thereof, including the Design-Build Contract, (e) liquidated damages paid to the Borrower by the Toll Services Provider pursuant to the Toll Services Contract, and (f) any other incidental or related fees or charges; but excluding therefrom cash advances representing deposits against future toll payments from users or potential users of the Project.
Toll revenues means (a) toll revenues, user fees, fines, rents or other similar charges payable for use of the Toll Road, as well as fines and penalties and interest thereon collected as a result of a failure to pay any such amounts, (b) proceeds of insurance payable to or received by the Commission with respect to the Toll Road (whether by way of claims, return of premiums, ex gratia settlements or otherwise), including proceeds from business interruption insurance and loss of advance profits insurance, except for proceeds of fire and other casualty insurance that are deposited to the Insurance and Condemnation Proceeds Account of the Project Fund and actually applied or reserved for application to the repair, restoration or replacement of the Toll Road, (c) proceeds of any condemnation awards with respect to the Toll Road, except to the extent deposited to the Insurance and Condemnation Proceeds Account of the Project Fund and actually applied or reserved for application to the replacement of the Toll Road, (d) the portion of liquidated damages for delayed completion payable to the Commission under a construction contract relating to the Toll Road or a portion thereof that is applied or reserved for payment of Project Costs of the type described in paragraph (g) of the definition thereof during such period of delayed completion, (e) proceeds of credit support provided by the Toll Operator pursuant to the Operating Agreement, and (f) any other incidental or related fees or charges; but excluding therefrom ROW Revenues and cash advances representing deposits against future toll payments from users or potential users of the Toll Road.