With a net revenue pledge, the flow of funds is as follows: - Operation and maintenance - Debt service account ... If revenue is not sufficient after paying the debt service on a gross revenue pledge, the facility will not be able to be maintained ... The MSRB has no enforcement functions; it only writes rules and test questions.
|Title||:||Wiley Series 7 Exam Review 2013 + Test Bank|
|Author||:||The Securities Institute of America, Inc.|
|Publisher||:||John Wiley & Sons - 2013-06-17|