Assessment Installments definition

Assessment Installments means the installments of principal, interest and premium, if any, to be paid on the unpaid Assessments pursuant to the Assessment Contract. The term “Assessment Installments” does not include the Annual Administrative Assessment.
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Assessment Installments means the installments of principal and interest of the Assessments to be paid by the owners of the benefited lots, tracts and parcels of land within the District.
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Examples of Assessment Installments in a sentence

  • Notwithstanding the foregoing, if Local Government takes title to the Property, Local Government will be subject to payment of future Assessment Installments due.

  • The Trustee agrees to collect the Assessment Installments pursuant to Section 4 hereof and remit the amount designated in the Agreement to the Capital Provider, no later than thirty (30) days after receipt of the amounts.

  • Local Government agrees to collect Assessment Installments, as defined here, and to enforce the Assessment against the Property for the benefit of Capital Provider in the event of a payment default by Property Owner.

  • Upon request, the Capital Provider agrees to promptly provide to the Trustee such reasonable information, as may be requested by Trustee from time to time, needed by the Trustee to determine the accurate collection of the Assessment Installments.

  • In no event shall Metro be personally liable for payment of the Assessment or Assessment Installments.

  • If the amount of the Apportionment received from the County is less than the amount of the Assessment Installments levied, the City shall determine the amount of the delinquency and shall provide the Fiscal Agent with a calculation setting forth the amounts for purposes of drawing upon the Reserve Fund as provided in Section 5.06(b), including the respective amounts of such draws.

  • In no event shall the City be personally liable for payment of the Assessment or Assessment Installments.

  • Property Owner agrees that the Assessment Installments will be included on a stand-alone bill and agrees to repay all Special Assessment Financing Agreement obligations through the Assessment which is due and payable on dates included in the Assessment Schedule.

  • Upon request, the Capital Provider agrees to promptly provide to the City Attorney, such reasonable information, as may be requested by the City Attorney from time to time, needed by the City Attorney to determine the accurate collection of the Assessment Installments.

  • Local Government agrees to collect Assessment Installments, as defined here, and to enforce the Assessment against the Property for the benefit of Capital Provider in the event of a payment default by Property Owner in accordance with the provisions set forth in paragraph 6.