Common use of Collection of Assessments Clause in Contracts

Collection of Assessments. Regular Assessments shall be determined on an annual basis as set forth in Section 4.3A of this Declaration, and shall be collected on a quarterly basis unless the Members agree otherwise. Special Assessments and Reimbursement Assessments may be collected in one (1) payment or periodically as the Members agree.

Appears in 2 contracts

Sources: Office Lease (Box Inc), Office Lease (Box Inc)