Collection of Assessments Sample Clauses

Collection of Assessments. 1. Signatories shall pay any assessments owing to the Marketing Committee and shall not charge producers any assessments for the Marketing Agreement.
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Collection of Assessments. The Tax Assessor-Collector will collect the installments of the Assessments and remit the amount collected to City Depository Bank daily by electronic funds transfer, after deducting the amount due to the County as billing and collection fees, as provided in paragraph 10 below. City will provide the Tax Assessor-Collector with the instructions for making such daily remittances to City Depository Bank. The Tax Assessor-Collector and the County Attorney will also collect any delinquent installments of the Assessments, including filing suits for foreclosure of the lien securing the Assessments provided in Sec. 372.018 of the PID Act. All of the terms of Sec. 372.018 of the PID Act and all of the provisions of the Texas Tax Code with respect to payment, refunds, delinquency, penalties and interest, waiver of penalties and interest, costs and expenses of collection, attorney’s fees, personal liability, installment payment of delinquent amounts, suits, lien foreclosure, limitation of collection, redemption, and other matters related to the collection of property taxes will also apply to the collection of the installments of the Assessments, except that the provisions of Texas Tax Code Sec. 32.06 on property tax loans and the transfer of tax liens, and Secs. 33.045, 33.06, and 33.065 on the deferral of collection of property taxes on certain residential homesteads will not apply. Billing and collection of the installments of Assessments on property for which a tax lien has been transferred to a transferee or that is subject to such deferral of collection of taxes will remain the responsibility of City, as provided in paragraphs 2.3 and 2.4 above. Any partial collection of delinquent taxes and delinquent installments of Assessments will be divided pro rata among the entities imposing the taxes and the Assessments without preferring one entity over another. During the term of this Agreement, only the Tax Assessor-Collector will collect the installments of the Assessments. If any payments are received by City or its Administrator for amounts billed by the Tax Assessor-Collector, they will be remitted by City to the Tax Assessor-Collector. City will notify the Tax Assessor-Collector if any Assessment is prepaid to City, in full or in part.
Collection of Assessments. The City covenants and agrees that it will, as authorized by the Act and other applicable law, collect or enter into an interlocal agreement for the collection of Assessments levied pursuant to the Plan during the term of this Agreement in the manner and to the maximum extent permitted by applicable law. The City covenants and agrees that to the extent permitted by applicable law, it will not permit a reduction, abatement, or exemption in the Assessments due on property in the District until the District Bonds have been paid in full. The City shall use good and sound practices to collect, or cause the collection of, the Assessments consistent with the City's policies and standard practices applicable to the collection of City taxes and assessments.
Collection of Assessments. The Association hereby authorizes Agent to request, demand, collect, receive and receipt for any and all charges which may at any time be or become due to the Association and to take such action deemed necessary pursuant to the Association Documents (as herein defined), in the name of the Association, by way of legal process by written Board approval or otherwise, as may be required for the collection of delinquent assessments. Association Documents are herein defined as the Declaration of Covenants, Conditions and Restrictions of The Reserve at Xxxxx Island. Articles of Incorporation and Bylaws, Rules & Regulations, and all amendments to such Association Documents from time to time.
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.
Collection of Assessments. (a) The First pro rata payment of the balance of the current year assessment shall be due and payable the beginning of the first day of the month following conveyance of the common area to the Homeowner’s Association. In addition, thereto, at closing, the Declarant shall cause to be collected from the purchaser, an amount equal to two twelfths of the then current minimum annual assessment for said lot and an amount equal to the Purchaser’s pro rata share of the next due annual insurance premium payable by the Association. This shall be used for the sole purpose and use as a working capital fund. The Board of Directors shall fix the amount of the assessment against each lot at least thirty days in advance of the annual assessment period. Written notice of the annual assessment shall be sent to every owner subject thereto. The due dates shall be established by the Board of Directors of the Association and the Board of Directors shall have the authority to require the assessment to be paid in pro rata monthly installments, quarterly and semi-annually as well as annually. The Association shall, upon demand, and for a reasonable charge furnish a certificate signed by an officer of the association setting forth whether the assessments on a specified lot have been paid.
Collection of Assessments. The Association through its Board authorizes Agent to take such action or to engage third- parties as may be necessary to collect unpaid periodic assessment payments which are due from Owners pursuant to the Governing Documents. The Association expressly authorizes Agent to pursue delinquent accounts in accordance with applicable law and the procedures set forth in the Governing Documents for the Association, with all such costs of collection, to be paid by the Association and charged back to the individual homeowner as and to, the extent permitted by applicable law and the Governing Documents and, upon Board approval, institute legal proceedings through the Association’s legal counsel on behalf of the Association for the foreclosure of those liens or other encumbrances and for the collection of unpaid assessments or other charges, including costs of collection. In the event it becomes necessary to institute legal proceedings, those proceedings shall be brought in the name of the Association, upon the direction of the Board. Agent is authorized to waive late fees as a one- time courtesy to an owner who becomes delinquent and rectifies delinquency, not to include hard costs.
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Collection of Assessments. The County shall comply with all requirements of the Formation Act, the Bond Law and this Agreement to assure the timely collection of the Assessments, including, without limitation, the enforcement of delinquent Assessments. Any funds received by the County in and for the Assessment District, including, but not limited to, collections of Assessments upon the secured tax rolls, collections of delinquent Assessments and penalties thereon through foreclosure proceedings or otherwise, and the prepayment of Assessments or portions thereof, shall be promptly deposited into the Redemption Fund; except that any prepayments of Assessments received prior to the Closing Date shall be deposited to the Improvement Fund (as provided in the second paragraph of Section 3.02), and except as otherwise provided below. To that end, the following shall apply:
Collection of Assessments. The Manager shall prepare and mail annual statements to Owners. The Manager shall collect assessments, whether current or delinquent, and provide receipts for all annual or other assessments, as necessary. The Manager shall collect other charges due to the Board for operation of the Association and all rental or other payments due the Association, if any. The Board may retain an attorney for small claims court actions against Owners for delinquent assessments or other charges due the Association; Manager will assist and coordinate Association information with the attorney for the Association. If Manager is required to appear or testify in small claims court, Manager shall be paid $150.00 for each Small Claims Court appearance.
Collection of Assessments. Manager shall be authorized to collect from the Unit Owners, on behalf of the Condominium, and shall provide notice to the Unit Owners of, all regular and special assessments and charges that may be due under the Condominium Instruments in accordance with collection guidelines as adopted by the Unit Owners Assembly from time to time and the requirements or restrictions of the Condominium Instruments and the Condominium Act. Manager may file a charge or claim of lien or privilege on behalf of the Condominium against a Unit Owner should such Unit Owner fail to pay such assessments and charges, or take such other appropriate action, either in its name as manager for, or in the name of, the Condominium, all in the manner authorized by the Condominium Instruments or the Condominium Act. The Condominium may satisfy liens, charges of record or privileges on payment and render statements as to the current status of a Unit Owner’s account. The costs and expenses of collection, to the extent not paid by a Unit Owner, shall be a Common Expense of the Condominium.
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