Failure to Pay Assessments Sample Clauses

Failure to Pay Assessments. Notice and Hearing as provided in Subparagraphs A and B above shall not be required with respect to the imposition of suspension of use rights or imposition of suspension of voting rights upon any Owner because of such Owner’s failure to pay Assessments or other monetary obligations or charges which are due for more than ninety (90) days.
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Failure to Pay Assessments. If any Assessment is not paid when due, the Owner and the Parcel shall be subject to the provisions of Article 7.
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Failure to Pay Assessments. The failure by a Member to pay assessments when due shall result in the suspension of that Member’s membership for a period of sixty (60) days unless payment is sooner made in full. The failure to pay the past due assessment by the end of the 60-day suspension period shall result in the termination of membership effective immediately as of said date. The Member shall not be liable for the unpaid assessment that resulted in the termination of its membership.
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Failure to Pay Assessments. Notice and Hearing as provided in Subparagraphs A and B above shall not be required with respect to the imposition of suspension of use rights or fines upon any Owner because of such Owner's failure to pay Assessments or other charges when due.
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Failure to Pay Assessments 
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Related to Failure to Pay Assessments

  • Failure to Pay The Borrower fails to make a payment under this Agreement when due.

  • Assessments There are no pending or, to Borrower’s knowledge, proposed special or other assessments for public improvements or otherwise affecting any Individual Property, nor are there any contemplated improvements to any Individual Property that may result in such special or other assessments.

  • Taxes and Assessments As of the date of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, all taxes, governmental assessments and other outstanding governmental charges (including, without limitation, water and sewage charges) due with respect to the Mortgaged Property (excluding any related personal property) securing a Mortgage Loan that is or could become a lien on the related Mortgaged Property that became due and owing prior to the Cut-off Date with respect to each related Mortgaged Property have been paid, or, if the appropriate amount of such taxes or charges is being appealed or is otherwise in dispute, the unpaid taxes or charges are covered by an escrow of funds or other security sufficient to pay such tax or charge and reasonably estimated interest and penalties, if any, thereon. For purposes of this representation and warranty, any such taxes, assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be payable thereon.

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