AMENDMENT OF ASSESSMENT. (a) Where the Lessee has not made to the Minister a full and true disclosure of all the material facts necessary for the Minister’s assessment and, in the Minister’s opinion, there has been an avoidance of royalty, the Minister may —
AMENDMENT OF ASSESSMENT. In the event that the Property Owner wishes to prepay the assessment in part, the Property Owner must submit a request for partial prepayment no later than thirty days prior to the Cutoff Date, as defined below. Within seven days of receipt of a prepayment request, the Capital Provider shall provide a payoff statement to the Property Owner and the Program Administrator, showing the effective date of the prepayment (the “Payoff Date”), the amount of the prepayment, including principal, accrued but unpaid interest, and any prepayment premium, and shall contain an amendment to the Special Assessment Payment Schedule (an “Amendment”). Receipt of any prepayment funds by the County, the Program Administrator, or the Capital Provider shall constitute evidence of Property Owner’s consent to the Amendment. The any prepayment funds must be received by the Payoff Date, which shall be no later than [DATE] of the year in which the next payment is due (the “Cutoff Date”). Program Administrator shall forward any Amendment of the Special Assessment Payment Schedule that it receives from Capital Provider to the County Treasurer. Upon receipt of an Amendment, the County shall amend the Assessment to reflect the adjustment and file the Amendment of the Special Assessment Payment Schedule on the property records of the Property. In the event there is no Program Administrator serving the county, the Capital Provider may submit an Amendment directly to the County, through the Department of Treasury, no later than [DATE] of the year in which the next payment is due and the County shall amend the Assessment to reflect the adjustment and file the Amendment of the Special Assessment Payment Schedule on the property records of the Property.
AMENDMENT OF ASSESSMENT. In the event that the Property Owner wishes to prepay the assessment in part, the Property Owner must submit a request for partial prepayment no later than thirty days prior to the Cutoff Date, as defined below. Within seven days of receipt of a prepayment request, the Capital Provider shall provide a payoff statement to the Property Owner and the Program Administrator, showing the effective date of the prepayment (the “Payoff Date”), the amount of the prepayment, including principal, accrued but unpaid interest, and any prepayment premium, and shall contain an amendment to the Special Assessment Payment Schedule (an “Amendment”). Receipt of any prepayment funds by the County, the Program Administrator, or the Capital Provider shall constitute evidence of Property Owner’s consent to the Amendment. The prepayment funds must be received by the Payoff Date, which shall be no later than [DATE] of the prior year in which the next payment is due (the “Cutoff Date”). Program Administrator shall forward any Amendment of the Special Assessment Payment Schedule that it receives from Capital Provider to the County. Upon receipt of an Amendment, the County shall amend the Assessment to reflect the adjustment and file the Amendment of the Special Assessment Payment Schedule on the property records of the Property. In the event there is no Program Administrator serving the county, the Capital Provider may submit an Amendment directly to the County, through the Office of Treasure, no later than [DATE] of the year in which the next payment is due and the County shall amend the Assessment to reflect the adjustment and file the Amendment of on the property records of the Property.
