Common use of Individual Special Assessments Clause in Contracts

Individual Special Assessments. The Member shall also pay any Individual Special Assessment levied by the Board of Directors. Individual Special Assessments shall be levied as provided in the Bylaws for the purpose of reimbursing the Cooperative for costs incurred in performing repairs on the Member's Space which the Member is responsible for pursuant to the Bylaws and this Agreement. Members shall pay all costs related to collection of Individual Special Assessments.

Appears in 3 contracts

Samples: Occupancy Agreement, Occupancy Agreement, Occupancy Agreement

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Individual Special Assessments. The Member shall also pay any Individual Special Assessment levied by the Board of Directors. Individual Special Assessments shall be levied as provided in the Bylaws for the purpose of reimbursing the Cooperative for costs incurred in performing repairs on the Member's Space which the Member is responsible for pursuant to the Bylaws and this Agreement. Members shall pay all costs related to collection of Individual Special Assessments.Assessments.‌

Appears in 1 contract

Samples: Occupancy Agreement

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