Common use of Failure to Assess Clause in Contracts

Failure to Assess. The omission or failure of the Board to fix the assessment amounts or rates or to deliver or mail to each Owner an assessment notice shall not be deemed a waiver, modification, or a release of any Owner from the obligation to pay assessments. In such event, each Owner shall continue to pay Base Assessments and Neighborhood Assessments on the same basis as for the last year for which an assessment was made, if any, until a new assessment is made, at which time any shortfalls in Collections may be assessed retroactively by the Association.

Failure to Assess. The omission or failure of the Board to fix the assessment amounts or rates or to deliver or mail to each Owner an the assessment notice shall not be deemed a waiver, modification, modification or a release of any Owner from of the obligation to pay assessments. In such event, each Owner shall continue to pay Base Assessments and Neighborhood Assessments assessments on the same basis as for the last year for which an assessment was made, if any, made until a new assessment is made, at which time any shortfalls in Collections collections may be assessed retroactively by the Association.

Failure to Assess. The omission or failure of the Board to fix the assessment amounts or rates or to deliver or mail to each Owner an assessment notice shall not be deemed a waiver, modification, or a release of any Owner from the obligation to pay assessments. In such event, each Owner shall continue to pay Base Assessments and Neighborhood Assessments on the same basis as for the last year for which an assessment was made, if any, until a new assessment is made, at which time any shortfalls in Collections collections may be assessed retroactively by the Association.

Failure to Assess. The omission or failure Failure of the Board of Directors to fix the establish assessment amounts or rates rates, or to deliver or mail to each Owner an assessment notice shall not be deemed a waiver, modification, or a release of any Owner from the obligation to pay assessments. In such event, each Owner shall continue to pay Base Assessments and Neighborhood Assessments assessments on the same basis as for during the last year for which an assessment was made, if any, until a new assessment is madelevied, at which time the Association may retroactively assess any shortfalls in Collections may be assessed retroactively by the Associationcollections.

Failure to Assess. The omission or failure of the Board to fix the assessment Assessment amounts or rates or to deliver or mail to each Owner an assessment Assessment notice shall not be deemed a waiver, modification, or a release of any Owner from the obligation to pay assessmentsAssessments. In such event, each Owner shall continue to t pay Base Assessments and Neighborhood annual Assessments on the same basis as for the last year for which an assessment Assessment was made, if any, made until a new assessment Assessment is made, at which time any shortfalls in Collections collections may be assessed retroactively by the Association.

Failure to Assess. The omission or failure of the Board to fix the assessment amounts or rates or to deliver or mail to each Owner an assessment notice shall not be deemed a waiver, modification, modification or a release of any Owner from the obligation to pay assessments. In such eventevents, each Owner shall continue to pay Base Assessments and Neighborhood Assessments annual assessments on the same basis as for the last year for which an assessment was made, if any, made until a new assessment is made, at which time any shortfalls short falls in Collections collections may be assessed retroactively by the Association.