Pilot definition

Pilot or "Payment in Lieu of Tax" shall mean any payment made to the Agency or an affected tax jurisdiction equal to all or a portion of the real property taxes or other taxes which would have been levied by or on behalf of an affected tax jurisdiction with respect to a project but for tax exemption obtained by reason of the involvement of the Agency in such project, but such term shall not include Agency fees.

Pilot. , in relation to a ship, means any person not belonging to the ship who has the conduct of the ship;

Pilot. , in relation to any aircraft, means any person having charge of such aircraft;

Examples of Pilot in a sentence

• After Taxable Status Date each year the Agency shall determine the Annual PILOT, the Apportioned Share of the Annual PILOT and the School District Annual PILOT.

• The Agency shall send an invoice to the Company for the Annual PILOT.

• Pursuant to the PILOT Agreement, such payments shall be made by the Lessee.

• PILOT Payments shall be allocated among the Taxing Authorities in proportion to the amount of real property tax and other taxes which would have been received by each Taxing Authority if the Facility was owned by the Company exclusive of the Agency’s leasehold interest.

• The parties acknowledge that the Lessor is a tax-exempt governmental entity and that the payments to be paid in lieu of taxes on the Leased Premises are to be governed by a PILOT Agreement to be entered into between Lessee, Lessor, the City, the Kanawha County Commission, the Kanawha County Assessor, the Kanawha County Sheriff and the Kanawha County Board of Education.

More Definitions of Pilot

Pilot means any person not belonging to a ship who has the conduct thereof;

Pilot in relation to any aircraft, means any person having charge of such aircraft; “plant” includes any vessel, utensil, appliance or fitting;

Pilot means the payment-in-lieu-of-taxes required hereunder to be paid by the Company to the Agency. The PILOTs are more particularly described as follows:

Pilot means a pilot authorised by the Company;

Pilot s license" means a vessel operator's license issued by the United States Coast Guard or other federal agency, or a license issued by the department to an operator of a charter boat that is operated on inland waters.

Pilot. ’ means an employee who is—

Pilot means a person not belonging to a ship who has the conduct of the ship;