Delinquent Assessments definition

Delinquent Assessments means, collectively, Delinquent Assessment Principal and Delinquent Assessment Interest.
Delinquent Assessments means, collectively, any and all installments of any Assessments which are not paid when due, including any applicable grace period under State law or District proceedings.
Delinquent Assessments means any and all installments of any Assessments which are not paid on or before the date upon which real property taxes are payable without penalties or interest pursuant to the law of the State.

Examples of Delinquent Assessments in a sentence

  • The lien created pursuant to Article IV of the Declaration upon the recordation of a Notice of Delinquent Assessments shall be prior and superior to all liens except: 4.

  • Association shall execute the attached addendum to its agreement with its Management Company to authorize its Management Company to charge the Delinquent Unit ledgers for costs incurred by the Management Company related to the collection of Delinquent Assessments.

  • LMF shall retain ownership of the Delinquent Assessments and all future collected proceeds arising from the collection of Delinquent Assessments assigned pursuant to this Purchase Agreement.

  • LMF is considered a third-party payor for legal services provided to the Community Associations and will pay for services rendered by BLG to collect the Community Associations’ Ledger Amounts, Delinquent Assessments, Interest, Administrative Late Fees ,as all are further defined by the executed Purchase Agreements, , and to exercise its collection remedies pursuant to the Purchase Agreements.

  • Payment of amounts due shall be made within 10 days of the termination date and LMF shall reassign all Delinquent Assessments within 10 days of receipt of the termination payment.

  • Association continues to have Delinquent Assessments (as further defined herein) as set forth on the Schedule of Units attached hereto.

  • LMF pays Community Associations for an assignment of the proceeds of Community Associations' Delinquent Assessments as further defined pursuant to an executed Association Receivables Purchase Agreement ("Purchase Agreement") entered into between LMF and each respective Community Association.

  • LMF pays Community Associations for an assignment of the proceeds of Community Associations’ Delinquent Assessments as further defined pursuant to an executed Association Receivables Purchase Agreement (“Purchase Agreement”) entered into between LMF and each respective Community Association.

  • LMF is considered a third-party payor for legal services provided to the Community Associations and will pay for services rendered by BLG to collect the Community Associations' Ledger Amounts, Delinquent Assessments, Interest, Administrative Late Fees, as all are further defined by the executed Purchase Agreements, , and to exercise its collection remedies pursuant to the Purchase Agreements.

  • In exchange for LMF paying a Purchase Price for certain Delinquent Units on the Schedule of Units, Association has agreed to assign the Delinquent Assessments to LMF pursuant to the terms of this Purchase Agreement.


More Definitions of Delinquent Assessments

Delinquent Assessments means any installment of any Assessment which is not paid when
Delinquent Assessments means for each past due Assessment pertaining to a Delinquent Unit set forth on the Schedule of Assignments, the proceeds from, (a) the past due Assessment, (b) interest, administrative fees, costs and attorney’s fees chargeable thereon by Association as described in Association’s Declaration, (c) all accelerated Assessments charged to a Delinquent Unit, (d) any other recovery arising from Association’s lien, or future lien, against a Delinquent Unit, and (e) any recovery from the owner of a Delinquent Unit.
Delinquent Assessments means the property assessments that have not been paid to the Assessment Entity on or before January 31st of any given year and on which penalty and interest are now due.
Delinquent Assessments means, collectively, any and all installments of any Assessments which are not paid within thirty (30) days of the date on which such installments are due and payable.
Delinquent Assessments means (a) the past due Assessments, including any Assessments that have come due after the Effective Date of this Purchase Agreement, (b) interest and administrative fees, (c) Pre-Effective Date Special Assessments (d) any other recovery arising from Association’s lien, or future lien, against a Delinquent Unit not herein mentioned and, (e) any recovery from the owner of a Delinquent Unit.
Delinquent Assessments means, collectively, any and all Assessment Installments of any Assessments which are not paid on or before they are due, including any accrued penalties, interest, costs, fees and other charges collected on behalf of the District or transferred to the Trustee.