Nonelectoral debt definition

Nonelectoral debt means all debt determined as herein
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Nonelectoral debt means all debt determined as herein provided, incurred or authorized to be incurred, except electoral debt and lease rental debt, in each case whether authorized before or after the effective date of this act, and whether before or after the debt is incurred. Net nonelectoral debt means a portion of nonelectoral debt as determined in accordance with Article II.” [53 PS 6780-2 (a)(3)]
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Related to Nonelectoral debt

  • Membership Year means a 12-month period starting on the anniversary of the date that the membership commenced.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .