Examples of Development Unit Parcels in a sentence
Any time the actual Assessment levied by the Board of directors of the Association is less than the Maximum Regular Annual Assessment, such decrease shall be proportionate among the Owners of Residential Lots, Family Dwelling Units, Multiple-Family Tracts, Public or Commercial Sites, Public or Commercial Units, Development Unit Parcels, and Unsubdivided Land.
Any increase in the Maximum Regular Annual Assessment shall be made in such a manner that the proportionate increase in such Assessment is the same for Owners of Residential Lots, Family Dwelling Units, Multiple-Family Tracts, Public or Commercial Sites, Public or Commercial Units, Development Unit Parcels, or Unsubdivided Land.
Any time the actual assessment levied by the Board of Directors of the Association is less than the Maximum Annual Assessment such decrease shall be proportionate among the Owners of Residential Lots, Family Dwelling Units, Multiple Family Tracts, Public and Commercial Sites, Public and Commercial Units, Development Unit Parcels, and Unsubdivided Land.
Type "D" Members shall include all those Owners, including the Company (as defined in the Covenants), of Unsubdivided Lands and Development Unit Parcels as such terms are defined in the Covenants, held and intended for future development by the Company or a third party.
Any private community roads and rights of way thereof within the properties which connect Residential Lots, Family Dwelling Units, Multiple Family Tracts, and Public or Commercial Sites or Units, and Development Unit Parcels, to public roads or highways.
For purposes of these Covenants and these Annual Assessments, all properties which have not been subdivided into and classified as Residential Lots, Multiple-Family Tracts, Public or Commercial Sites or Development Unit Parcels shall be classified as Unsubdivided Land; provided, however, that Unsubdivided land shall not include any property which also qualifies as Exempt Property as defined in Section 12 of this Article V.
All community roads and rights-of-way thereof within theproper-ties properties which connect all Residential Lots, Dwelling Unit, Multi-Family Tracts, Public or Commercial Sites, Public or Commercial Units, and Development Unit Parcels, to the highways of the State of South Carolina, as such roads and rights-of-way are completed, but only to the extent that such roadways are not transferred to Greenwood County or to the State of South Carolina’s control.
Type “D” Members shall include all those Owners, including the Company, of Unsubdivided Lands and Development Unit Parcels held and intended for future development by the Company or some third party.
A Type "C" Member shall be entitled a number of votes equal to the number produced by dividing the Current Annual Assessment paid by such Owner by the then current Annual Assessment levied upon a Family Dwelling Unit.TYPE "D": Type "D" Members shall include all those Owners including the Company, its successors and assigns of Unsubdivided Lands and Development Unit Parcels held and intended for future development by the Company or a third party.
Type "D" members shall include all those Owners, including the Company, its successors and assigns, of Unsubdivided Lands and Development Unit Parcels held and intended for future development by the Company or a third party.