Water Revenues definition

Water Revenues means revenues derived by the GNWT from the sale or disposition of rights in respect of Waters, which, for greater certainty, does not include corporate income tax.

Water Revenues means Revenues derived from the operation of the Waterworks Subsystem.

Water Revenues means revenues (gross or net) received by the Borrower from or in connection with the operation of the System.

Examples of Water Revenues in a sentence

• LONG-TERM DEBT, Continued On June 20, 2012, the joint power authority, Marin Municipal Water District Financing Authority issued the 2012 Series A Water Revenues Bonds in the amount of $85,000,000 to refund the District’s outstanding 2002 Water Revenue Bonds and a portion of the 2004 Certificant of Participation.

• In order to comply with bond covenants the City is required to charge Water and Sewer rates such that Net Wastewater Revenues and Net Water Revenues are in excess of Debt Service payments by a specific percentage.

• In the event of the Contracting Jurisdiction’s failure to pay said xxxx(s) when due, without waiving any other remedies under this Uniform Water Agreement, said unpaid xxxx(s) shall become obligations payable from the Water Revenues of the Contracting Jurisdiction and shall be collectible in any court of law.

• This note is payable solely from the Note Account – Clean Water, into which shall be deposited Clean Water Revenues consisting of interest earnings on Clean Water Revenues in the Clean Water Fund and the interest portion of loan repayments (collectively, “Pledged Clean Water Revenue”) deposited in the Clean Water Fund and/or the proceeds of Clean Water Bonds or of refunding bond anticipation notes on or prior to the maturity of this note.

• All of the Bonds and Parity Debt are equally secured by a pledge of, and charge and lien upon, all of the Subordinated Water Revenues, and the Subordinated Water Revenues constitute a trust fund for the security and payment of the interest on and principal of the Bonds; but nevertheless out of Subordinated Water Revenues certain amounts may be applied for other purposes as provided in the Indenture.

More Definitions of Water Revenues

Water Revenues means all gross income and revenue received or receivable by the Agency from the ownership or operation of the Water System, determined in accordance with Generally Accepted Accounting Principles, including all rates, fees and charges (including

Water Revenues means Current Water Revenues plus deposits to the Water Revenue Fund established under the General Resolution from amounts on deposit in the Rate Stabilization Fund, established under the General Resolution, less amounts transferred to the Rate Stabilization Fund.

Water Revenues means all charges received for, and all other income and receipts derived by the District from, the operation of the Water System, or arising from the Water System, together with income from the investment of any moneys in any fund or account established under the Water Bond Indenture.

Water Revenues means all gross charges received for, and all other gross income and receipts derived by the District from, the ownership and operation of the Water System or otherwise arising from the Water System, including but not limited to

Water Revenues means all gross charges received for, and all other gross income and receipts derived by the District from, the ownership and operation of the Water System or otherwise arising from the Water System, including but not limited to connection charges and earnings on the investment of any funds held by the District; but excluding (a) the proceeds of any ad valorem property taxes levied for the purpose of paying bonded indebtedness of the District and (b) the proceeds of any special assessments or special taxes levied upon real property within any improvement district served by the District for the purpose of paying special assessment bonds or special tax obligations of the District.

Water Revenues means all gross income and revenue received by the City from the ownership or operation of the Water System, determined in accordance with Generally Accepted Accounting Principles, including all charges, fees and rates and all connection fees received by the City for water and the other services of the Water System and all proceeds of insurance covering business interruption loss relating to the Water System and all other income and revenue howsoever derived by the City from the ownership or operation of the Water System, but excluding all proceeds of taxes and all refundable deposits made to establish credit and advances or contributions or grants in aid of construction.

Water Revenues means all gross income and revenue received or receivable by the Agency from the ownership and operation of the Water Enterprise, calculated in accordance with Generally Accepted Accounting Principles, including all rates, fees and charges (including connection fees) received by the Agency and all other income and revenue howsoever derived by the Agency from the Water Enterprise or arising from the Water Enterprise; provided, however, that (i) any specific charges levied for the express purpose of reimbursing others for all or a portion of the cost of the acquisition or construction of the specific facilities, (ii) grants that are designated by the grantor for a specific purpose and are therefore not available for other purposes, or (iii) customers’ deposits or any other deposits subject to refund until such deposits have become the property of the Agency are not Water Revenues and are not subject to the lien hereof.