Examples of Assessment payment in a sentence
In the event that an O&M Assessment payment is not made in accordance with the schedule stated above, the whole O&M Assessment may immediately become due and payable.
The C-PACE Capital Provider may find it helpful to inform mortgage holder(s) that in the event of a delinquent C-PACE Special Assessment payment, the full balance of the Assessment will not accelerate, and only the payment of delinquent amounts of the C-PACE Financing will be enforced.
In the event that a Debt Assessment payment is not made in accordance with the schedule stated above, the whole Debt Assessment – including any remaining partial or deferred payments for Fiscal Year 2022-2023 as well as any future installments of the Debt Assessment – shall immediately become due and payable.
In the event a delinquent C-PACE Special Assessment payment is enforced, the outstanding balance of the C-PACE Special Assessment will not accelerate.
While partial payments of annual C-PACE Special Assessment payment may be accepted, such partial payments will be considered.
Notwithstanding the above, C-PACE Special Assessment can be subject to payment plans allowable for property taxes; each C-PACE Special Assessment payment must be paid in full on the relevant due date under Assessment Payment Schedule or will be considered delinquent.
In the event that a Debt Assessment payment is not made in accordance with the schedule stated above, the whole Debt Assessment – including any remaining partial or deferred payments for Fiscal Year 2020-2021 as well as any future installments of the Debt Assessment – shall immediately become due and payable.
Any Assessment payment made by the Qualifying Resident shall first be applied to the Assessments owed, and only after the Assessments owed are paid in full, shall the payments be applied to the fees and costs of collection, attorney’s fees, late charges, and/or interest.
Such Special Assessments shall become due and payable, unless otherwise specified in the notice, with the next regularly scheduled Assessment payment which is due more than thirty (30) days after the date of the Club meeting approving the Special Assessment.
In the event that a Debt Assessment payment is not made in accordance with the schedule stated above, the whole Debt Assessment – including any remaining partial or deferred payments for Fiscal Year 2021-2022 as well as any future installments of the Debt Assessment – shall immediately become due and payable.