Regular Assessments definition
Regular Assessments means the monthly amount due from the Member to the Cooperative pursuant to the Occupancy Agreement and Section 11.2 of this Agreement.
Regular Assessments means annual Assessments levied by the Association against each Owner, representing the Owner’s share of: (1) the actual and estimated costs of, and reserves for, maintaining, managing, and operating the Common Area; (2) the costs and fees attributable to managing and administering the Association; and (3) all other costs and expenses incurred by the Association for the common benefit of the Development and the Owners, as may be required or allowed under the Governing Documents or law.
Regular Assessments means assessments other than Special Assessments and Reimbursement Assessments, levied or imposed against Members in order to perform the Mutual’s obligations under the Governing Documents or the law. Regular Assessments are sometimes called the “Annual Assessment” or the “coupon.”
Examples of Regular Assessments in a sentence
Actions: -Regular Assessments: Regular security reviews and quarterly risk assessments are conducted.
More Definitions of Regular Assessments
Regular Assessments means and refer to a Regular Assessment determined and levied pursuant to Section 4.3A of this Declaration.
Regular Assessments means assessments or dues that each Member is required to pay to the Club on a regular basis and that is designated for use by the Club for the benefit of the Property and/or the Club.
Regular Assessments means an assessment levied, pursuant to Section 16, on Assessable Insurers, Assessable Insureds and any other insurer authorized to do business for Subject Lines of Business in the State which has not been granted an exemption from Regular Assessments by statute or by the Corporation pursuant to the Plan.
Regular Assessments means the monthly amount due from the Member to the Cooperative pursuant to the Bylaws and Section 2.1 of this Agreement.
Regular Assessments means those Assessments levied by the Association pursuant to Section 4.9.
Regular Assessments means the Regular Assessments that are levied pursuant to Section 5.4.
Regular Assessments means the regular, interim and other assessments that may be levied by Citizens in respect of the High-Risk Account on Assessable Insurers and Assessable Insureds pursuant to Section 627.351(6)(b)(3)(a), (b)(3)(b) and (g)(1) of the Act and Section 16 of the Plan.