Trust revenues definition

Trust revenues means all revenues received from trust lands and trust assets.
Sample 1Sample 2Sample 3
Trust revenues means all revenues received from trust
Sample 1Sample 2Sample 3
Trust revenues means (A) all payments of installment purchase payments made or to be made by or on behalf of the Company under the Installment Sale Agreement (except payments made with respect to the Unassigned Rights), (B) all other amounts pledged to the Trustee by the Issuer or the Company to secure the Bonds or performance of their respective obligations under the Installment Sale Agreement and the Indenture, (C) the Net Proceeds (except proceeds with respect to the Unassigned Rights) of insurance settlements and Condemnation awards with respect to the Project Facility, (D) all payments received by the Trustee under the Letter of Credit, (E) moneys and investments held from time to time in each fund and account established under the Indenture and all investment income thereon, except (1)moneys deposited with or paid to the Trustee for the redemption of Bonds, notice of which has been duly given, (2) moneys deposited with the Trustee or the Tender Agent for the purchase of Tendered Bonds, and (3) as specifically otherwise provided, and (F) all other moneys received or held by the Trustee for the benefit of the Bondholders pursuant to the Indenture. Notwithstanding anything to the contrary, amounts held in the Rebate Fund shall not be considered Trust Revenues and shall not be subject to the Lien of the Indenture, and amounts held therein shall not secure any amount payable on the Bonds.
Sample 1Sample 2Sample 3

Examples of Trust revenues in a sentence

  • Failure to file the report prior to the Annual Diocesan Council can cause the affected church to have seat but no voice or vote.

  • The other legislative agreement was Act 304, which finally established a formula for the Native Hawaiian people’s share of Public Land Trust revenues in 1990.

  • Because the Trust should be exempt from Texas franchise tax at the Trust level as a passive entity, each Unit holder that is considered a taxable entity under the Texas franchise tax will generally be required to include its portion of Trust revenues in its own Texas franchise tax computation.

  • Pursuant to Section 155.40(5)(b), Florida Statutes (2009), to the extent the revenue from the Trust exceeds $100,000 annually, Company shall be accountable to County in that this Section 4.6 of this Lease shall be subject to modification upon twelve months notice to Company although it is the intent of the parties that, consistent with the terms of the Trust, all available Trust revenues will be provided to Company for use by the Hospital.

  • Two external customers individually account for more than 10% of Trust revenues.

  • Investments shall be made with judgment and care, under prevailing circumstances, considering the probable safety of Trust revenues as well as the probable income to be derived from investments.

  • When property revenues are included the total Trust revenues rose at £3.377 million, a record figure for the third consecutive year.

  • One external customer individually accounts for more than 10% of Trust revenues.

  • Restricted grants and contracts revenues are composed of: 20192018 Research $ 133,404 $ 141,407Trust74,04775,484Capital (note 10)11,22510,780Total$ 218,676$ 227,671 Trust Trust revenues includes the funding from the Ministry of Health (MOH) of $71,443 (2019 - $69,635) to ensure the delivery of clinical medical education in Ontario.

  • Another possible benefit of involving the private sector would be a contract guarantee that Trust revenues would be restricted to the purpose of diminishing GHG emissions.


More Definitions of Trust revenues

Trust revenues means all moneys, securities and instruments referred to in Section5.01 hereof as Trust Revenues. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Unless the context shall otherwise indicate, words importing the singular number shall include the plural number and vice versa, and words importing persons shall include firms, associations and corporations, including public bodies as well as natural persons. The terms “hereby”, “hereof”, “hereto”, “herein”, “hereunder”, and any similar terms, as used in the Resolution, refer to the Resolution. All references to the Applicable Trustee and the Applicable Paying Agent shall refer to such persons in their respective capacities solely with respect to an Applicable Series of Bonds as the same shall be identified in the Applicable Series Resolution or Applicable Bond Series Certificate.
Sample 1Sample 2
Trust revenues means (A) all payments of installment purchase payments made or to be made under the Installment Sale Agreement (except payments made with respect to the Unassigned Rights), (B) all other amounts pledged to the Trustee by the Issuer or the Company to secure the Bonds or performance of their respective obligations under the Installment Sale Agreement and the Indenture, (C) the Net Proceeds (except proceeds with respect to the Unassigned Rights) of insurance settlements and Condemnation awards with respect to the Project Facility, (D) the Net Proceeds (except proceeds with respect to the Unassigned Rights) from the disposition of the Project Facility upon foreclosure of the Lien of the Mortgage, (E) all payments received by the Trustee under the Letter of Credit, (F) moneys and investments held from time to time in each fund and account established under the Indenture and all investment income thereon, except (1) moneys deposited with or paid to the Trustee for the redemption of Bonds, notice of which has been duly given, (2) moneys deposited with the Trustee or the Tender Agent for the purchase of Tendered Bonds, and (3) as specifically otherwise provided, and (G) all other moneys received or held by the Trustee for the benefit of the Bondholders pursuant to the Indenture.
Sample 1Sample 2

Related to Trust revenues

  • TIF Revenues means incremental ad valorem taxes generated by the Project which are allocated to and paid to the Authority pursuant to the Act.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • 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.

  • Net Revenues means the difference between:

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • 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.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

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

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