Base Assessment definition

Base Assessment means and refer to Assessments levied on all Lots subject to assessment under Article VI, Section 6.03 to fund Common Expenses for the general expenses and operation of the Association.
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Base Assessment means the assessment levied on all Lots subject to assessment under Article IX below to fund common expenses, as determined in accordance with Article IX below.
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Base Assessment means the assessment as determined by the assessor of property used to determine the base tax.
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Examples of Base Assessment in a sentence

  • A.3 For Tier 1, an Auto Power Down (APD) feature is encouraged under this Voluntary Agreement and credit for anticipated energy savings for CSTBs that have APD capability is provided in Annex C Section C.7.2 (Equation 1: Base Assessment).

  • In determining the Base Assessment rate per Unit, the Board may consider any assessment income expected to be generated from any additional Units reasonably anticipated to become subject to assessment during the fiscal year.

  • This amount shall be in addition to, not in lieu of, the annual Base Assessment and shall not be considered an advance payment of such assessment.

  • Upon acquisition of record title to a Lot by the first Owner thereof other than the Declarant or a Builder, a contribution shall be made by or on behalf of the purchaser to the working capital of the Association in an amount equal to one-sixth (1/6) of the annual Base Assessment per Lot for that year as determined by the Board.

  • This amount shall be in addition to, not in lieu of, the annual Base Assessment levied on the Lot and shall not be considered an advance payment of any portion thereof.


More Definitions of Base Assessment

Base Assessment means assessments levied on all Units subject to assessment under Article VIII to fund Common Expenses for the general benefit of all Units, as more particularly described in Article VIII.
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Base Assessment means assessments levied on all Units subject to assessment under Article VII to fund Common Expenses for the general benefit of all Units, as more particularly described in Article VII, Section 1.
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Base Assessment means the unimproved subdivided assessed value of each lot in the Project as of the Effective Date or as soon thereafter as the unimproved value of each subdivided lot is established as set forth in the Exhibit 1 attached hereto and made a part hereof or to be attached hereto as soon as the Base Assessment in determined.
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Base Assessment means the assessment by each of the taxing authorities affecting the Real Property in effect on the date of this Lease as the same may be adjusted pursuant to Section 10.02 C 2 hereof.
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Base Assessment. Assessments levied on all Units subject to assessment under Article VIII to fund Common Expenses for the general benefit of all Units, as determined in accordance with Section 8.1.
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Base Assessment means any assessments levied on all Units subject to assessment to fund Common Expenses for the general benefit of all Units, as more particularly described in Sections 9.1 and 9.3.
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Base Assessment means assessments levied on all Lots subject to assessments hereunder to fund Common Expenses.
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