Owner in Good Standing definition

Owner in Good Standing means an Owner current in the payment of assessmentsand charges, and not in violation of any provision of the Declaration of Covenants, By-Laws, or Rules and Regulations of the Association; or of resolutions as adopted by the Board of Directors.
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Owner in Good Standing means an Owner who is not a Delinquent Owner
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Owner in Good Standing means an Owner as defined in paragraph 1.8 of this Second Amended Declaration who is current in all Regular Assessments and Special Assessments, as defined by paragraphs 7.2 and 7.3 of this Second Amended Declaration, due and owing for the Owner's Lot as set forth in paragraph 7.4 of this Second Amended Declaration.
Sample 1

Examples of Owner in Good Standing in a sentence

  • Subject to the limitations set forth herein and in the Association By-Laws, each Owner in Good Standing shall be entitled to vote on all matters put to a vote of the Owners in person or by proxy.

  • Unit Representative: Each Unit Owner in Good Standing shall be entitled to vote a percentage of 100 based on the Owner’s Interval Estate Ownership Percentage in the Unit.

  • Each Class A member shall be shall be entitled to one (1) vote for each Lot of which such Member is the Owner in Good Standing with respect to each matter submitted to a vote of Members upon which the Class A Members are entitled to vote.


More Definitions of Owner in Good Standing

Owner in Good Standing means an Owner who is in compliance with all Declarations, rules, restrictions and regulations of the Association, and who is not delinquent in the payment of dues, assessments and fees imposed in accordance with the Covenants, Conditions and Restrictions of the Association and these Bylaws.
Sample 1
Owner in Good Standing means those Unit Owners who are fully compliant with all of the regulations of the Association, including, but not limited to, the obligation to pay assessments and the obligation to comply with all covenants, rules and regulations set forth in the Declaration, Bylaws and Policy Resolutions of the Association.
Sample 1

Related to Owner in Good Standing

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • In good standing means, in respect of a registrant,

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Foreign entity means an entity other than a domestic entity.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Professional limited liability company means a limited

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • Foreign limited liability partnership means a partnership that:

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Chartering Authority means (i) with respect to a national bank, the Office of the Comptroller of the Currency, (ii) with respect to a Federal savings association or savings bank, the Office of Thrift Supervision, (iii) with respect to a bank or savings institution chartered by a State, the agency of such State charged with primary responsibility for regulating and/or closing banks or savings institutions, as the case may be, (iv) the Corporation in accordance with 12 U.S.C. Section 1821(c), with regard to self appointment, or (v) the appropriate Federal banking agency in accordance with 12 U.S.C. 1821(c)(9).

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • international organization shall have the meanings set forth in Section 7701 of the Code or successor provisions.

  • Qualified organization means any organization to which a valid permit has been issued by the

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Certificate of organization means the certificate required by section 489.201. The term includes the certificate as amended or restated.

  • Formation means a body of rock characterized by a degree of lithologic homogeneity which is prevailingly, but not necessarily, tabular and is mappable on the earth's surface or traceable in the subsurface.

  • Incorporation means applying manure using injection, disking into the soil, tilling the soil after application, or using other practices that result in at least 50 percent of the manure being placed below the ground surface within 24 hours of application and prior to rainfall.