Capital Assessment definition

Capital Assessment means and refer to a charge against any Lot representing a portion of the Association’s cost for the purchase, installation, construction, or expected or unexpected repair or replacement, of any capital improvement (including the necessary fixtures and personal property related to it) that is a Common Expense of the Association, plus reserves for repair or replacement of existing capital items, and acquisition, construction and installation of new capital improvements.

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Capital Assessment means, with respect to each Unit Holder, an assessment against such Unit Holder to contribute capital to the Company, in the amount set forth in a Capital Assessment Notice from the Manager pursuant to Section 3.3(g), and further subject to the restrictions of Section 3.2(j), to satisfy such Unit Holder's Capital Contribution Commitment to the Company in respect to the number of Units held by the Unit Holder.

Capital Assessment means, Assessments levied against Parcels for Capital Improvements and Capital Improvement Supplemental Services.

Examples of Capital Assessment in a sentence

• For better assessment of the capital, the Bank is having Internal Capital Assessment Process (ICAAP) with Simplified Approach, considering its balance sheet size and requisite risk management practices.

• Capital Assessment At least fifteen (15) days prior to the date on which any indebtedness (consisting of interest or principal and interest on bonds and notes) incurred by the District to finance capital costs is payable, each member town shall pay to the District its respective share of the amount that is so payable by the District on said date.

• During the development of each fiscal year’s budget, the total capital costs shall be determined as defined in Section A.1.b. Each member town will then be assessed its share of the total capital cost based on the percentage of each member town’s share of the District Foundation Enrollment as of October 1st of the previous year, resulting in each town’s Capital Assessment.

• These four principles are consistent with the information prescribed within 5 CFR 250 and in OPM's current Human Capital Assessment and Accountability Framework (HCAAF), as referenced in 5 CFR 250.

• If, at any time from and after the Completion Date, any Unfunded Solvency Deficit exists, immediately provide notice of the occurrence of such Unfunded Solvency Deficit and confirm the value of such Unfunded Solvency Deficit as a percentage of the Corporate Member's Economic Capital Assessment Requirement for all open years of account.

• Each member town’s Total Annual Assessment will be comprised of its Operating Assessment as calculated in Steps 1-7 and its Capital Assessment as described in Step 8.

• The OCO is also encouraged to take into consideration the current version of the Human Capital Assessment and Accountability Framework (HCAAF) when defining the scope of their task order.

• For better assessment of the capital, the Bank is having Internal Capital Assessment Process (ICAAP) with Simplified Approach, considering its balance sheet size and requisite risk management practices.

• Unless the Owner, as seller, and buyer of a Unit otherwise agree, the Resale Capital Assessment shall be paid by the buyer at the closing of the sale.

• Such amount will be the full, agreed and liquidated damages for the failure to pay the Extraordinary Capital Assessment, and after forfeiture of such Membership Interest, neither party shall have any further obligation to or rights against the other.

More Definitions of Capital Assessment

Capital Assessment means an annual special assessment imposed against property located within the MSBU to fund the Project Cost of the Beach Renourishment Project and related expenses, including the REC Capital Charge and the NBZ Capital Charge and computed in the manner described in Section 4.04 hereof.

Capital Assessment means refer to an assessment for capital repairs, capital replacements and equipment additions.

Capital Assessment means a charge against each Club Member or Resort Purchaser (other than Borrower or any of the ILX Sellers) and such Club Member’s Club Membership Share or Resort Purchaser’s Resort Interest representing the cost to the Club or the Resort for purchase, lease, installation, construction or reconstruction of any capital improvements for the benefit of the Club or the applicable Resort, or for any other item for which sufficient funds are otherwise unavailable (for example without limitation, common furnishings such as office furniture, computer equipment and software).

Capital Assessment means a special assessment imposed by the County pursuant to this Ordinance to fund the Capital Cost or Project Cost, if obligations are issued, of Local Improvements that provide a special benefit to property as a consequence of a logical relationship to the value, use or characteristics of property identified in an Initial Assessment Resolution.