Distribution System Net Revenues definition

Distribution System Net Revenues means, for any period, Distribution System Gross Revenues less Distribution System O & M Expenses, in each case for such period.
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Examples of Distribution System Net Revenues in a sentence

  • From and after the Crossover Date, 2016 Purchase Payments and all other payments with respect to Distribution System Parity Obligations shall be equally secured by the Distribution System Net Revenues without priority for number or date of delivery of such Distribution System Parity Obligations.

  • Limits on Bonds and Obligations Secured by Distribution System Net Revenues 39 Section 6.07.

  • From and after the Crossover Date, the City is obligated to make 2020 Purchase Payments solely from Distribution System Net Revenues.

  • Until the Crossover Date, the City is obligated to make 2014-A Purchase Payments from Distribution System Net Revenues to the extent legally available and from the Surplus Revenues in the Qualified Obligations Account.

  • From and after the Crossover Date, the Distribution System Net Revenues in the Distribution System Revenue Fund shall be held in trust by the Treasurer of the City for the benefit of the holders of the 2020 Bonds and any other Distribution System Parity Obligations.

  • From and after the Crossover Date, the Distribution System Net Revenues in the Distribution System Revenue Fund shall be held in trust by the Treasurer of the City for the benefit of the holders of the 2016 Bonds and any other Distribution System Parity Obligations.

  • From and after the Crossover Date, the Distribution System Net Revenues in the Distribution System Revenue Fund shall be held in trust by the Treasurer of the City for the benefit of the holders of the 2014-A Bonds and any other Distribution System Parity Obligations.

  • Subject to the provisions of the Rights Agreement, the Rights evidenced by this Certificate may be redeemed by the Company at its option at a redemption price of $.01 per Right at any time prior to the earlier of the close of business on (i) the tenth business day following the Stock Acquisition Date (as such time period may be extended pursuant to the Rights Agreement) and (ii) the Final Expiration Date.

  • Limits on Bonds and Obligations Secured by Distribution System Net Revenues 38 Section 6.07.

  • Until the Crossover Date, the City is obligated to make 2016 Purchase Payments from Distribution System Net Revenues to the extent legally available and from the Surplus Revenues in the Qualified Obligations Account.

Related to Distribution System Net Revenues

  • Distribution System means the system of wires and associated facilities between the delivery points on the transmission lines or the generating station connection and the point of connection to the installation of the consumers;

  • distribution system operator means a natural or legal person responsible for operating, ensuring the maintenance of and, if necessary, developing the distribution system in a given area and, where applicable, its interconnections with other systems and for ensuring the long-term ability of the system to meet reasonable demands for the distribution of electricity;

  • Water distribution system means that portion of the water supply system in which water is conveyed from the water treatment plant or other supply point to the premises of the consumer.

  • Distribution System Code means the code approved by the Board which, among other things, establishes the obligations of the distributor with respect to the services and terms of service to be offered to customers and retailers and provides minimum, technical operating standards of distribution systems;

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.