Regular Assessments definition

Regular Assessments means the monthly amount due from the Member to the Cooperative pursuant to the Occupancy Agreement and Section 11.2 of this Agreement.

Regular Assessments means annual Assessments levied by the Association against each Owner, representing the Owner’s share of: (1) the actual and estimated costs of, and reserves for, maintaining, managing, and operating the Common Area; (2) the costs and fees attributable to managing and administering the Association; and (3) all other costs and expenses incurred by the Association for the common benefit of the Development and the Owners, as may be required or allowed under the Governing Documents or law.

Regular Assessments means the monthly amount due from the Member to the Cooperative pursuant to the Bylaws and Section 2.1 of this Agreement.

Examples of Regular Assessments in a sentence

• If the Board determines that Regular Assessments or Neighborhood Assessments for the then current year are or will become inadequate to meet Common Expenses for any reason, it shall determine the estimated amount of such inadequacy and levy a Special Assessment against each Lot and Owner responsible for such Assessment.

• Regular Assessments shall commence as to all Lots on the first day of the month following the conveyance of the first Lot by Declarant to an Owner.

• Regular Assessments as to Lots brought under the Declaration pursuant to Section 2.2 shall commence on the first day of the month following the conveyance of the first Lot therein by Declarant to an Owner.

• Should the Qualifying Resident execute this Agreement on any day after the first day of the month, the Qualifying Resident shall make a prorated payment for Regular Assessments covering the unexpired balance of the month.

• Such GRF Amenities Fee and GRF Assessments shall be in addition to the monthly Regular Assessments and Mutual Assessments specified in Article 5 of this Agreement and in the Governing Documents.

More Definitions of Regular Assessments

Regular Assessments means assessments or dues that each Member is required to pay to the Club on a regular basis and that is designated for use by the Club for the benefit of the Property and/or the Club.

Regular Assessments means and refer to a Regular Assessment determined and levied pursuant to Section 4.3A of this Declaration.

Regular Assessments means those Assessments levied by the Association pursuant to Section 4.9.

Regular Assessments means assessments other than Special Assessments and Reimbursement Assessments, levied or imposed against Members in order to perform the Association's obligations under the Governing Documents or the law.

Regular Assessments means assessments that are regularly levied against each Owner and each Lot by the Association to fund the Common Expenses.

Regular Assessments means and refer to those Assessments to be charged against the Tracts as provided in Section 4.3 hereof.

Regular Assessments. A Regular Assessment levied by the Association pursuant to section 4.3.A.