COMMENCEMENT OF ANNUAL ASSESSMENTS Sample Clauses

COMMENCEMENT OF ANNUAL ASSESSMENTS. The assessments provided for herein shall commence as to each Burdened Lot on the first day of the month following the recordation of this Covenant. During the calendar year following the recordation of this Covenant, the Board shall fix the amount of the annual assessment against each Burdened Lot within thirty (30) days of the annual meeting of the Members; but in the absence of such action by resolution of the Board of Directors, the assessments shall be in the amount last fixed. Written notice of the annual assessment shall be sent to every Member on an annual basis. The assessments shall be paid as set by the Board. The due date of the assessments may be established by resolution of the Board of Directors. The Association shall, upon demand at any time, furnish a certificate in writing signed by an officer of the Association setting forth whether the assessments on a specified Burdened Lot have been paid. A reasonable charge may be made by the Board for the issuance of these certificates. Such certificate shall be conclusive evidence of payment of any assessment therein stated to have been paid.
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COMMENCEMENT OF ANNUAL ASSESSMENTS. The first annual assessment shall become due and payable on the first day of the month following the lapse of thirty (30) days from the date of the sale of the first Lot in the Subdivision. Thereafter as each person or entity becomes a member such new Members' assessment for the current year shall be a pro-rata part of the annual assessment and shall be due on the first day of the month following the date such person or entity becomes a Member of the Association. Upon a person or entity's ceasing to be a Member of the Association, such Member shall not be entitled to any refund of his annual assessment. It shall be the duty of the Board of Directors to notify each owner of any change in the annual assessment or any special assessment and the due date of such assessment. Any assessment not paid within ten (10) days after the due date (the first day after such ten (10) day period shall be referred to as the “delinquency date”) shall be delinquent. The requirement of notice shall be satisfied if such notice is given by regular deposit in the United States Mail to the last known address of each such owner. The due date of any special assessment under Section 4.4 hereof shall be fixed in the resolution authorizing such assessment.
Sample 1
COMMENCEMENT OF ANNUAL ASSESSMENTS. Each Owner shall pay its first Annual Assessment upon the closing of the purchase of its Lot, adjusted according to the number of months remaining in the Assessment Year. Thereafter, annual Assessments shall be paid as herein provided herein. In addition to the foregoing, each Owner purchasing a Lot from the Declarant or a Builder shall pay an initial set-up fee to be deposited with the Association and which shall be in xxxxxx amount asdetermined by Declarant shall determine, but which shallmust be uniform for all Lot Owners. Under no circumstances will more than $200.00 of each Owner’s Annual Assessment be used for repayment of the Amenities Note.
Sample 1

Related to COMMENCEMENT OF ANNUAL ASSESSMENTS

  • Payment of Annual Leave (a) If an employee takes annual leave during a period, the annual leave shall be paid at the employee’s ordinary pay immediately before the period begins.

  • Shortfall of Annual Working Hours There shall be no pay back for shortfall of annual working hours in the shift systems determined in this Agreement.

  • Payment of Annual Leave on Termination On the termination of their employment, an employee will be paid their untaken or pro-rata annual leave.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Evaluation Cycle: Annual Orientation A) At the start of each school year, the superintendent, principal or designee shall conduct a meeting for Educators and Evaluators focused substantially on educator evaluation. The superintendent, principal or designee shall:

  • Calculation of Annual Leave Pay Annual leave shall be paid at the employee’s ordinary weekly wage rate for ordinary hours for the period of annual leave (excluding shift allowances and weekend payments but including leading hand allowance); plus an amount equal to 17.5% of the amount

  • PRE-COMMENCEMENT PHASE Part 1 - Pre-commencement Phase Services Part 2 - Construction Documents and Site Plan SECTION 3 – CONSTRUCTION PHASE Part 1 - Construction Phase Services Part 2 - Changes to the Work Part 3 - Time. Part 4 - Correcting the Work, Inspections, Covering and Uncovering Work Part 5 - Subcontractors, Trade Contractors, and Suppliers

  • Work Year The full-time work year for all employees employed in EA and ECE job classes shall be a minimum of 194 work days to correspond with the school year calendar.

  • Non-Escalation Unless otherwise specified within the RFP documents, the unit prices reflected on the contract shall remain firm with no provision for price increases during the term of the contract.

  • DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 3.1 The date of commencement of the Work shall be: (Check one of the following boxes.) [ « » ] The date of this Agreement. [ « » ] A date set forth in a notice to proceed issued by the Owner. [ « » ] Established as follows: (Insert a date or a means to determine the date of commencement of the Work.) « » If a date of commencement of the Work is not selected, then the date of commencement shall be the date of this Agreement.

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