Association Expenses definition

Association Expenses means expenses incurred by a common interest association for:

Association Expenses means and include the actual and estimated expenses of operating the Association, both for general and Parcel purposes, including any reasonable reserve, all as may be found to be necessary and appropriate by the Board pursuant to the Declaration, the By-Laws, and the Articles of Incorporation.

Association Expenses means expenditures made by or on behalf of the Association for professional services rendered by accountants, attorneys, consultants and any manager engaged by the Association who performs any services other than those required to be performed by Innisfree under this Agreement;

Examples of Association Expenses in a sentence

• Any interest earned on such escrowed funds will be paid to the Component Site Managing Entity or to offset Trust Association Expenses and in no event will be due or payable to the HPC Club Owner.

• As a consequence of this exemption, Trust Developer shall pay any amount of Trust Association Expenses incurred each year that exceeds the total revenues for the Trust Association, less amounts expended for any insurance coverage required by law or by the Vacation Ownership Documents to be maintained by the Trust Association, and less depreciation expenses, as such Trust Association Expenses are incurred each year while the guarantee is in effect.

• In addition, Reservation Services Operator may require that the Owner pay future Trust Association Expenses attributable to the Owner’s Vacation Ownership Interest prior to obtaining the right to make a reservation.

• If an Owner in the Trust Association fails to pay the Trust Association Expenses and any other financial obligations attributable to the Owner’s Vacation Ownership Interest the Owner may lose occupancy rights.

• No Owner will ever acquire or own any interest in the computer software or hardware used by Reservation Services Operator and no Owner will be required to make any payments to the owner or provider of such computer software except through the payment of the Trust Association Expenses which are imposed in accordance with the Reservation Services Agreement.

More Definitions of Association Expenses

Association Expenses means and include the actual and estimated expenses of operating the Association and the Property Owners Association (hereinafter defined), including any reasonable reserve, all as may be found to be necessary and appropriate by the Board and by the Property Owners Association, where appropriate, pursuant to the Homeowners Documents (hereinafter defined).

Association Expenses means all expenses incurred by the Association in connection with the management and administration of the Community. By way of illustration and not as a limitation, the Association Expenses shall include:

Association Expenses means all expenses incurred by the Association in the performance of its obligations or the exercise of its powers pursuant to this Declaration, the Articles of Incorporation, or the Bylaws.

Association Expenses means the expenses payable by the Owners to the Association as shall be set forth in this Declaration and shall include the following:

Association Expenses means the Owner’s pro rata share of the expenses necessary to implement this Declaration, including, but not limited to, the costs to maintain and repair and/or reconstruct the

Association Expenses means Association Operating Expenses and Association Capital Expenses.

Association Expenses means and include the actual and estimated expenses of operating the Association, both for general and special purposes, including any reasonable