Boat Slip Lease Fee definition

Boat Slip Lease Fee means the fee that is collected from each Class “A” Member who is leasing a Boat Slip.

Examples of Boat Slip Lease Fee in a sentence

  • ANNUAL BOAT SLIP LEASE FEE: This is a year to year lease, renewed each year through payment of the Boat Slip Lease Fee.

  • ANY PERSON SIGNING A BOAT SLIP LEASE AGREEMENT further agrees that they do not retain any rights to use said Boat Slip once they have (i) conveyed or otherwise disposed the Lot identified in the second paragraph of this Agreement or (ii) have forfeited their right to a Boat Slip for failure to pay Association Dues or any Annual Boat Slip Lease Fee or Special Boat Slip Maintenance Assessment or failure to make any required repairs and maintenance.

  • In the event that any person that has Leased a Boat Slip fails to pay any JIAI Lot Assessment, Annual Boat Slip Lease Fee, Special Assessment or any other Dues or Fees, the BOD of JIAI shall promptly give notice of such delinquency or failure, as the case may be.

  • Each person who has leased a boat slip on January 1 of any year agrees to pay an Annual Boat Slip Lease Fee of $100.00 or such other amount as is approved during the preceding year by the Membership of the JIAI.

  • FAILURE TO PAY any Association Lot Assessment, Annual Boat Slip Lease Fee or loss of standing as a property owner or Member in Good Standing as defined in the By-Laws shall terminate this Lease and JIAI shall have the right to take possession of the Leased Boat Slip and Re-Lease it.

  • The Annual Boat Slip Lease Fee will be due on or before March 1 of each year.

  • Each person who has leased a boat slip on January 1 of any year agrees to pay an Annual Boat Slip Lease Fee of $200.00 or such other amount as is approved in accordance with ARTICLE I – SECTION 4 of the Jerdone Island Association, Inc.

  • The Annual Boat Slip Lease Fee will be due on or before April 1 of each year.

  • FAILURE TO PAY any Association Lot Assessment, Annual Boat Slip Lease Fee or loss of standing as a property owner or Member in Good Standing as defined in the By-laws shall terminate this Lease and JIAI shall have the right to take possession of the Leased Boat Slip and Re-Lease it.