Examples of Assessment Interest in a sentence
In the event of a default in the obligations of the Association as set forth herein, the City shall have a lien upon the property owned by each Unit Interested Party solely to the extent of each such Unit Interested Party’s unpaid Individual Assessment Interest, which lien shall include such Unit Interested Party’s obligation for the costs of collection of such Unit Interested Party’s unpaid Individual Assessment Interest.
In the event of a default in the obligations of the condominium as set forth herein, the City shall have a lien upon the property owned by each Unit Interested Party solely to the extent of each such Unit Interested Party's unpaid Individual Assessment Interest, which lien shall include such Unit Interested Party’s obligation for the costs of collection of such Unit Interested Party's unpaid Individual Assessment Interest.
Assignee hereby accepts all of Assignor’s rights in, title to, and interest under the Assessment Agreement and the Notice of Assessment Interest, together with the obligations secured by the C-PACER Lien and all other instruments, documents and certificates executed in connection therewith.
Upon execution and delivery of this Agreement, the County will execute and cause to be recorded with the King County Recorder’s Office, together with a copy of this Agreement, pursuant to RCW chapter 36.165, the Notice of Assessment Interest and C-PACER Lien (“Notice of Assessment”), substantially in the form of Exhibit C.
Payment of all delinquent Vacation Unit Assessment, Interest, and Late Charges will reinstate the right of the Fractional Time Share Owner to make a reservation; however, the unit/week or exchange originally reserved may no longer be available.
In the event that the Proposed Development is subject to a declaration of condominium, every condominium unit shall be subject to levy or execution for the satisfaction of any monetary remedies of the City solely to the extentof each Unit Interested Party’s Individual Assessment Interest.
The articles may be adopted, amended, or repealed at any regular meeting of the Research and Assessment Interest Group at which a quorum is present, provided such notice was given prior to the announcement of the meeting.
Upon approval of a Program Application, a Property Owner or Capital Provider shall provide the completed (1) Assessment Agreement, (2) the Notice of Assessment Interest and C-PACER Lien to the City Manager, or such person designated in writing by the City Manager, for execution by the City at least five (5) days prior to close of the C-PACER transaction.
Upon receipt of approval, the Capital Provider will draft the following “Closing Documents”: The Assessment Agreement, the Notice of Assessment Interest and C-PACER Lien, and the Assignment of the Notice of Assessment and Assessment Agreement.
Consider approval to set 2022 Drainage Assessment Interest Payable on Loans from the General Fund.