Assessment Amount definition

Assessment Amount means the voluntary contractual surcharge

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Assessment Amount means the total assessment amount levied by the Clearinghouse at a single time upon all the FCM Clearing Members in order for the Clearinghouse to maintain an adequate Guaranty Fund.

Assessment Amount. The City agrees that it will only certify/levy the Deferred Assessment Amount against the Property if the Owner does not pay the Deferred Assessment Amount when due according to Section 3.01(e) and then, only up to the Deferred Assessment Amount for the Improvements pursuant to this Agreement.

Examples of Assessment Amount in a sentence

• It is generally the intent of the parties that the Landowner will repay the Assessment Amount over the course of five years with an interest rate of five percent (5%) with said payment to be made in two, semi-annual installments each year.

• To secure repayment of the Assessment Amount and the other conditions and stipulations of this agreement, Landowner (as mortgagor) mortgages to Tippecanoe County (as mortgagee) the Real Estate in Tippecanoe County, Indiana described by the key number(s) and legal description(s) on Exhibit A together with appurtenances, improvements, rents, profits, other income which may be derived therefrom all without relief from Valuation and Appraisement Laws.

• Payments will be applied first to interest and then to the outstanding Assessment Amount.

• There is no penalty for early payment of some or all of the Assessment Amount.

• The Landowner may make additional payments toward the Assessment Amount prior to an installment becoming due.

• Lender further acknowledges that if Lender fails to pay his, her or its Assessment Amount, together with all Delinquent Interest, within the 60-day period required by Section 6.2(c), the loss of voting rights and the distribution subordinations will become permanent and irrevocable.

• The Landowner hereby agrees to repay the Assessment Amount according to the Repayment Schedule attached hereto as Exhibit B, with annual payment coupons provided by the County Treasurer.

• The Owner acknowledges and agrees that the Owner would be unjustly enriched if the City’s assessment up to the Deferred Assessment Amount pursuant to this Agreement was set aside, reduced, repealed or invalidated by a court with jurisdiction over the Property.

• The City and the Owner acknowledge and agree that the Owner may appeal any special assessment above the Deferred Assessment Amount.

• The Owner agrees that after execution of this Agreement, if it challenges the validity of the Assessment up to the Deferred Assessment Amount in any way, then Owner shall pay the City the amount of the City’s assessment up to the Deferred Assessment Amount with accrued interest beginning as stated in Section 2.01(c), together with the City’s attorneys’ fees, costs and expenses to defend the assessment by the City up to the Deferred Assessment Amount pursuant to this Agreement.

More Definitions of Assessment Amount

Assessment Amount. The Deferred Assessment Amount is the amount of One Hundred Twenty-One Thousand, Fifty Dollars and 00/100s ($121,050.00), or as it may be reduced to Section 3.01(e).

Assessment Amount means the amount of an Annual Installment sufficient (1) to pay all Costs other than debt service on Bonds anticipated by the City to be due or incurred in the next calendar year, (2) to pay debt service on Bonds anticipated by the City to be due or incurred in the next calendar year, (3) to Fully Fund the Debt Service Reserve Fund, and (4) to pay administrative costs of the City and the CDA, as described in Sections 5(k) and 5(l).

Assessment Amount means the voluntary contractual surcharge included on the real property tax bill by which the owner of the eligible property repays the C-PACER financing.

Assessment Amount means the amount for which the Seller is liable in respect of a Clause 17.1(a) Assessment or, where such Clause 17.1(a) Assessment has not yet been settled or otherwise finally determined, the amount for which it would be liable under subclause 17.1 (a) if the Clause 17.1 (a) Assessment were settled at the amount claimed by the relevant Tax Authority (before the use of available Reliefs);

Assessment Amount means the amount of an Annual Installment sufficient (1) to pay all Costs other than debt service on Tax Revenue Bonds anticipated by the County to be due or incurred in the next calendar year; plus (2) to pay debt service on Tax Revenue Bonds anticipated by the County to be due or incurred in the next calendar year, if and to the extent that the County reasonably anticipates that available County Advanced Revenues will be insufficient for that purpose; plus (3) to pay debt service on Special Assessment Bonds anticipated by the County to be due or incurred in the next calendar year; plus (4) to Fully Fund the Tax Revenue Bond DSRF.

Assessment Amount. The Deferred Assessment Amount is the amount of One Hundred Thirty-Four Thousand Two Hundred Ninety-Five and 70/100 Dollars ($134,295.70), which represents the fair market value of the Property as of the date of this Agreement, less $1.00 for the purchase price of the Property, plus interest accrued beginning on the date in 2.01(c) through the date the assessment is certified or levied by the City.