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. 2. The Marketing Committee may allow the Department’s Supervisor of Standardization to collect assessments from signatories on its behalf pursuant to A.R.S. § 3-485(B). 3. Signatories shall file with the Marketing Committee or the Supervisor of Standardization reports of cartons of leafy green products shipped as are periodically required by the Marketing Committee. 4. The first signatory that ships a carton shall be responsible for paying the assessment if the carton is sold to another signatory. Only one assessment shall be paid for each carton of leafy green products.
AutoNDA by SimpleDocs
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. 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. 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. In the event any Owner shall fail to pay any Assessment, or installment thereof, charged to such Owner within fifteen (15) days after the same becomes due, then the Association, through its Board, shall have any and all of the following remedies to the extent permitted by law, which remedies are cumulative and which remedies are not in lieu of, but are in addition to, all other remedies available to the Association: 1. To accelerate the entire amount of any Assessment for the remainder of the calendar year notwithstandingany provisions for the payment thereof in installments. 2. To advanceon behalf of the Owner(s)in default fundsto accomplish the needs of the Association up to and including the full amount for which such Owner(s) is (are) liable to the Association and the amount or amounts of monies so advanced, together with Interest and all costs of collection thereof, including, but not limited to, Legal Fees, may thereupon be collected by the Association fiom the Owner(s) and Parcel Owner(s) and such advance by the Association shall not waive the default. 3. To file an action in equity to foreclose its lien at any time after the effective date thereof as provided in Section 2 hereinabove. The lien may be foreclosed by an action in the name of the Association in like manner as a foreclosure of a mortgage on real property. 4. To file an action at law to collect said Assessment plus Interest and all costs of collection thereof, including, but not limited to, Legal Fees, without waiving any lien rights or rights of foreclosure of the Association. 5. To charge Interest on such Assessment fiom the date it becomes due, as well as a late charge of Twenty-Five ($25.00) and No/100 Dollars to defiay additional collection costs. Instrument# 0000-000000 # 00 Page: 3856 6. To suspend the use rights of the Owner(s) in default to the Association Property, subject to the Notice and Hearing provisions in Article X, Section 1 herein. 7. To suspend the right of the Owner(s)in default to vote on any matter on which Owners have the right to vote if such Owner is delinquent in payment of assessments for more than ninety (90) days.
Collection of Assessments. The Responsible Regulating SRO shall collect CIPF assessments from their Member Firms, in accordance with the provisions of Section 2.1 of the Industry Agreement, and remit the collected funds to the CIPF.
AutoNDA by SimpleDocs
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. (b) From and after January 1, 199_, the maximum assessment may be increased each year not more than ten (10%) percent above the maximum assessment for the previous year without a vote of the membership. Except, however, increases attributable solely to the addition of new amenities, new Common Areas or police and security purposes, shall not be subject to this limitation. (c) From and after January 1, 199_, the maximum annual assessment may be increased above ten (10%) percent by a vote of two-thirds (2/3) of members of each class who are voting in person or by proxy, at a meeting duly called for this purpose. Except, however, increase attributable solely to the annexation of new areas including new Common Areas shall not be subject to this limitation.
Collection of Assessments. Agent shall collect (and give receipts for, if necessary) all monthly and other assessments and other monies that are due the Association with respect to the Property and for all rental or other payments from concessionaires, if any. HOWEVER, Agent shall have no authority or responsibility to collect delinquent assessments or other charges except to send notices of delinquency. (Liens derived from delinquent assessments will be handled by the Board’s attorney.)
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: (A) The Assessments as set forth on the List of Unpaid Assessments on file with the Finance Director together with the interest thereto, shall be payable in annual series corresponding in number to the number of mandatory sinking fund payments of the Bonds issued. An annual proportion of each Assessment shall be payable in each year preceding the date of mandatory sinking fund payments on the Bonds issued sufficient to pay the Bonds when due and such proportion of each Assessment coming due in any year, together with the annual interest thereon, shall be payable in the same manner and at the same time and in the same installments as the general taxes on real property are payable, and become delinquent at the same times and in the same proportionate amounts and bear the same proportionate penalties and interests after delinquency as do the general taxes on real property. All sums received from the collection of the Assessments and of the interest and penalties thereon shall be transmitted by the County to the Finance Director, to be placed in the Redemption Fund; provided that (i) any prepayments of Assessments shall be deposited by the Finance Director in the Prepayment Account established under and administered in accordance with Section 4.02(A)(i) and 4.02(B)(ii) hereof, and (ii) amounts representing the collection of delinquent assessments (whether by foreclosure or otherwise) shall, after deduction of the costs of collection, be transferred by the County to the Finance Director for deposit by the Finance Director to the Redemption Fund only in the amount of any then delinquency in the payment of the principal of or i...
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!