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214 PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW
provided under the act of August 23, 1967 (P.L.251, No.102), known as the
Economic Development Financing Law, or as otherwise necessary to ensure
compliance with applicable Federal or State law.
"Bond obligations." The principal of a bond and any premium and interest
payable on a bond, together with any amount owed under a related credit
agreement or a related resolution of the financing authority authorizing a bond.
"Credit agreement." A loan agreement, a revolving credit agreement, an
agreement establishing a line of credit, a letter of credit or another agreement
that enhances the marketability, security or creditworthiness of a bond.
"Debt Service Fund." The fund established under section 601.2.
"Federal advances." Loans by the Federal Government to the Commonwealth
for the payment of compensation under Title XII of the Social Security Act
(58 Stat. 790, 42 U.S.C. § 1321 et seq.) or any similar Federal law.
"Financing Law." The act of August 23, 1967 (P.L.251, No.102), known as the
Economic Development Financing Law. (1401 added June 12, 2012, P.L.577, No.60) Section 1402. Bond issuance.