Toll revenues definition

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

• The forecasts shall be based upon forecasts of traffic and Toll Revenues made at that time, as opposed to assumptions included in Developer’s Proposal.

• Developer has retained TxDOT to perform certain obligations with respect to customer service and the collection of Toll Revenues from Transponder Issuers and Users pursuant to the provisions set forth in that certain tolling services agreement, the form of which is set out in Exhibit 11 (the “TxDOT Tolling Services Agreement”), and which the Parties shall execute as of the Effective Date.

• Notwithstanding any other provision of this Agreement to the contrary, TxDOT shall have no liability to Developer for the loss of Toll Revenues or the increase in costs and expenses attributable to any order to suspend tolling by any Governmental Entity other than TxDOT to facilitate emergency evacuation issued pursuant to applicable Law or to respond to a disaster proclaimed by the Governor of Texas or his or her designee.

• Subject to the Tolling Services Agreement, Toll Revenues shall be deposited to the account of Developer.

• Developer acknowledges and agrees that it is not entitled to receive any compensation, return on investment or other profit for providing the services contemplated by this Agreement and the Lease other than those resulting from cost savings, Toll Revenues, Administrative Fees, Compensation Amounts and Termination Compensation in accordance with the provisions of this Agreement and earnings thereon.

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 any amount received by the Parkways Authority from any source as a fee for the right of transit over the West Virginia Turnpike or any other parkway project and any fees paid by owners of registered motor vehicles in the state or any other state collected pursuant to section seventeen, article ten, chapter seventeen-a of this code.

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 Borrower applicable to vehicles for the privilege of traveling on the HOT Lanes imposed pursuant to the provisions of the Amended and Restated Comprehensive Agreement and from any other permitted use or operation of the HOT Lanes, including without limitation 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.