Nevada Revised Statutes 268.5225 – ‘Revenues’ defined
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‘Revenues’ of a project, or derived from a project, include payments under a lease, agreement of sale or financing agreement, or under notes, debentures, bonds and other secured or unsecured debt obligations of an obligor executed and delivered by the obligor to the city or the city’s designee or assignee (including a trustee) pursuant to such lease, agreement of sale or financing agreement.
Terms Used In Nevada Revised Statutes 268.5225
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC