Unencumbered tobacco revenues definition

Unencumbered tobacco revenues means that portion of the TSRs that are not encumbered tobacco revenues.
Sample 1Sample 2Sample 3
Unencumbered tobacco revenues means that portion of the TSRs
Sample 1Sample 2Sample 3
Unencumbered tobacco revenues means that portion of the TSRs that are not subject to the pledge of the applicable corporate resolution, trust agreement or trust indenture by the corporation to the repayment of any securities issued pursuant to the terms of such applicable corporation resolution, trust agreement or trust indenture.
Sample 1

Related to Unencumbered tobacco revenues

  • Consolidated Total Assets means, at any time, the total assets of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries, prepared in accordance with GAAP.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.