Assessment payable definition

Assessment payable means an assessment due for which the time specified for payment under the marketing order has arrived. An assessment becomes payable on the payment date pre- scribed under the marketing order.
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Examples of Assessment payable in a sentence

  • A single written notice (the Schedule of Assessments) shall be given annually to each Unit Owner not later than thirty (30) days prior to the commencement of each fiscal year setting forth the Common Assessment payable by such Unit Owner for the succeeding fiscal year and any Extra Common Assessments and Special Assessments known at the time of such notice.

  • With regard to the proration of the FDIC Assessment, the amount for which Purchaser is responsible shall include, that portion of the FDIC Assessment payable by Seller on the payment date next succeeding the Closing Date in respect to the portion of Seller's FDIC Assessment attributable to the Deposit Obligation for the period subsequent to the Closing Date; and such proration shall be based on the FDIC Assessment rates payable by Seller.

  • Provided further that Tenant shall be responsible for any and all of said Taxes and Assessment payable in the year 2010 and in subsequent years, to and including the last year of the Term of this Lease.

  • During the term of this Master Contract, USMX and the ILA shall have the right to agree upon a modification, suspension or elimination of the Second Container Royalty Assessment payable to MILA.

  • Upon the conveyance of title to a Lot, the portion of the then current Annual Assessment payable by the purchaser shall be an amount that bears the same relationship as the Annual Assessment period bears to 365.

  • Any Mortgagee holding a lien on a Lot may pay any unpaid Assessment payable with respect to such Lot, together with any and all costs and expenses incurred with respect to the lien, and upon such payment that Mortgagee shall have a lien on the Lot for the amounts paid with the same priority as the lien of the Mortgage.

  • Tenant shall make the check for an Assessment payable directly to the Association.

  • The amount necessary for such repairs shall be the responsibility of such Owner and shall become an Individual Lot Assessment payable by the responsible Owner.

  • Every Lot or Living Unit to which the service System is available for many contractual designee(s) shall be subject to a System Service Assessment, payable per Lot or Living Unit for System services, including, without limitation, cable television services.

  • The cost of repair will be the responsibility of the Owner and will become an Individual Lot Assessment payable by the Owner.

Related to Assessment payable

  • Assessment revenues means the money collected by a regional marketing organization from the assessment, including any interest and penalties on the assessment, imposed under this act.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.