Reconstruction Assessment definition

Reconstruction Assessment means an assessment levied by the Club against a Membership for the purpose of raising funds to rebuild, restore, or replace the Club Maintained Property or Common Furnishings suffering material damage.
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Reconstruction Assessment. -- shall mean a charge against each Owner and his Parcel representing a portion of the cost incurred by the Association for reconstruction of any portion or portions of the improvements located on the Common Areas, including any portion of the Shared Road, pursuant to the provisions of this Declaration.
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Reconstruction Assessment means, for each Member, except Potter Bluff Subassociation Members, a charge against each Member and his Lot representing a portion of the cost to the Association for reconstruction of any portion or portions of the Association Community Facilities and Potter Creek Community Facilities pursuant to the provisions of this Declaration. “Reconstruction Assessment” shall mean for each Potter Bluff Subassociation Member a charge against each Potter Bluff Subassociation Member and his Lot representing a portion of the cost to the Association for reconstruction of any portion or portions of the Association Community Facilities and the Potter Bluff Community Facilities pursuant to the provisions of this Declaration.
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Examples of Reconstruction Assessment in a sentence

  • In the event the insurance proceeds are not sufficient to accomplish such demolition and removal and site finishing, then the Condominium shall levy a Reconstruction Assessment to make up the deficiency according to the procedure described in Section 3.12.B.5 above.

  • If any Owner fails to pay any Reconstruction Assessment levied hereunder within thirty (30) days after the due date thereof, the Condominium shall provide written notice to all Owners that the defaulting Owner is in default of its obligation to pay such Reconstruction Assessment.

  • Approving Plans, Specifications, And Schedule Of Assessments For Terry Place Reconstruction Assessment District - 2009.

  • Within fifteen (15) days following the date of said notice, the Owners which have paid their Reconstruction Assessment shall have the right to buy-out all of the Concessions of the defaulting Owners as set forth in Article 37 of the Condominium Law.

  • Approving Plans, Specifications, And Schedule Of Assessments For Rethke Avenue Reconstruction Assessment District - 2020.

  • If any portion of the Condominium Common Area is damaged or destroyed by fire or other casualty such that, taking into account available insurance proceeds, the damage can be restored or replaced with alternate facilities without the necessity of a Reconstruction Assessment, the Condominium shall determine if and how such portion of the Condominium Common Area is to be restored or replaced with alternate facilities.

  • Combining with Eq. (12) in the MHD limit, yields [38]α = (E˜ · B˜)− η(˜j · B˜) , (14)B2 α =α0 + τ (E˜ · B˜) 3ρη1+ Bτ 23ρη.

  • Assessment means any Annual Assessment, Capital Improvement Assessment, RepairAssessment, Reconstruction Assessment and Special Assessment.

  • If a bid(s) is accepted, under either Subsection 2 or 3 above, the Condominium shall levy an assessment (“Reconstruction Assessment”) against the Owners to make up any deficiency, if any, between the total insurance proceeds plus available Condominium funds and the contract price for such repair or replacement; and such Reconstruction Assessment and all insurance proceeds whether or not subject to liens of Mortgagees, shall be paid to the Condominium Owners Assembly to be used for such rebuilding.

  • We undertook a review of the new arrangements to provide assurance that the service was being effectively delivered and integrated across the council.


More Definitions of Reconstruction Assessment

Reconstruction Assessment means a charge against an Owner and its Parcel representing a portion of the cost incurred by the Hotel Owner for reconstructing the portion of the Building, arising out of an event of casualty or condemnation, or deterioration in which that Owner’s Parcel is situated or for reconstructing the Shared Facilities for which such Owner is obligated to pay Shared Expenses as provided in this Declaration.
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Reconstruction Assessment means an assessment levied by the Association against each Permanent Membership for the purpose of raising funds to rebuild, restore or replace any portion of the Villas and the Common Furnishings suffering material damage.
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Reconstruction Assessment means a charge against each Owner and such Owner's Parcel and the Improvements to such Parcel representing a portion of the cost to the Association for reconstruction of any capital improvements within the Covered Property, which the Association may from time to time authorize pursuant to the provisions of this Declaration.
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Reconstruction Assessment means and refer to a charge against each Owner and his Condominium representing a portion of the cost to the Association for
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Reconstruction Assessment means an assessment levied by the Association against the Intervals for the purpose of raising funds to rebuild, restore or replace any portion of the raising funds to rebuild, restore or replace any portion of the Property or Common Furnishings suffering material damage.
Sample 1
Reconstruction Assessment means a charge against each Owner and his Lot or Parcel, representing a portion of the cost to the Association for reconstruction of any portion or portions of the Common Area (if any) pursuant to the provisions of this Declaration.
Sample 1

Related to Reconstruction Assessment

  • conformity assessment means the process demonstrating whether the requirements of this Regulation relating to a device have been fulfilled;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Preconstruction services means services and other activities during the design phase.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • construction site means a workplace where construction work is being performed;

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Reconstruction means the replacement of components of an existing facility to such an extent that:

  • Environmental Assessment means an assessment of the presence, storage or release of any hazardous or toxic substance, pollutant or contaminant with respect to the collateral securing a Shared-Loss Loan that has been fully or partially charged off.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Construction Work means any work in connection with⎯

  • Architect/Engineer or “A/E” means the Person identified in the Agreement responsible for providing professional design services and construction contract administration for the Project. The A/E shall be (1) a registered architect holding a license and certificate of authorization issued by the Ohio Architects Board pursuant to ORC Chapter 4703, (2) a landscape architect holding a license and certificate of authorization issued by the Ohio Landscape Architects Board pursuant to ORC Chapter 4703, or (3) a professional engineer or professional surveyor holding a license and certificate of authorization issued by the Ohio Engineers and Surveyors Board pursuant to ORC Chapter 4733. As used in the Agreement, the term A/E may include a criteria architect or engineer for a Design-Build project.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • self-assessment ’ means a determination of the amount of tax payable under a tax Act by a taxpayer and—

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that: