COMMENCEMENT OF PAYMENT OF REGULAR ASSESSMENTS Sample Clauses

COMMENCEMENT OF PAYMENT OF REGULAR ASSESSMENTS. The Member shall make the first payment on their Regular Assessment out of escrow. The first payment will be for a full monthly Regular Assessment, assuming a thirty (30) day month, starting on the date the Member accepts occupancy as determined by the date set forth in the first paragraph of this Occupancy Agreement. If the Member accepts occupancy on a date that is not the first of the month, the first Regular Assessment shall be prorated starting on the date after the expiration of the first thirty (30) days through the end of the first month. Thereafter, the Member shall pay their Regular Assessment as specified in Section 2.1, on or before the first day of each month.
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Related to COMMENCEMENT OF PAYMENT OF REGULAR ASSESSMENTS

  • Payment of Prevailing Wages The Contractor and all Subcontractors under the Contractor shall pay all workers on all Work performed pursuant to this Contract not less than the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work as determined by the Director of the Department of Industrial Relations, State of California, for the type of work performed and the locality in which the work is to be performed within the boundaries of the District, pursuant to sections 1770 et seq. of the California Labor Code.

  • Payment of Overtime 5.5.1 Subject to the provisions of this sub-clause, all work performed outside of the ordinary hours of any day, Monday to Friday, inclusive, will be paid for at the rate of time and one half for the first 2 hours and double time thereafter. Casual Employees will be entitled to the appropriate all- purpose penalty rates and their 25% casual loading as identified in clause 2.1.2.

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Overpayment If at any time the Province provides Funds in excess of the amount to which the Recipient is entitled under the Agreement, the Province may:

  • Termination of Coverage This Contract may be terminated as follows:

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