PILOT Agreement definition

PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

PILOT Agreement means a payment-in-lieu of tax agreement entered into between the Borrower or a Restricted Subsidiary and a Governmental Authority.

PILOT Agreement means that certain Payment in Lieu of Tax Agreement dated June 15, 2017, by and between the IDB and RHP, as amended, restated, supplemented or otherwise modified from time to time.

Examples of PILOT Agreement in a sentence

• The PILOT Agreement, as required by New Jersey law, provides that the tax exemption is terminated in the event that the Woodcrest Senior Property is conveyed to a third party, but permits a change in control of the qualified urban renewal entity.

• The term of the Ground Lease will expire (unless earlier terminated) on December 31 of the year in which the Tax Abatement Period (as defined in the PILOT Agreement) expires.

• Rather, the Company’s responsibilities regarding such matters shall be governed exclusively by a separate PILOT Agreement in the form attached hereto as Exhibit E.

• The Local Governmental Entities shall enter into the PILOT Agreement when requested by the Company on or prior to the Closing Date.

• MTI assigns to Plug Power, as of July 1, 1999 (the "Substitution Date"), all benefits under and all of MTI's right, title and interest in the Installment Sale Agreement, the PILOT Agreement and the Remarketing Agreement on the terms and conditions set forth in the Agreement of Sale dated as of June 23, 1999.

More Definitions of PILOT Agreement

PILOT Agreement has the meaning set forth in Paragraph 28.8.1 below.

PILOT Agreement means the Payment-in-Lieu-of-Tax Agreement, dated as of February 1, 2004, among the Company, the Sublessee and the Agency, as amended from time to time.

PILOT Agreement means that certain Memorandum of Understanding with respect to Payment in Lieu of Taxes to be paid to the Town of Watertown by President and Fellows of Harvard College dated as of July 1, 2002.

PILOT Agreement means that certain Tax Pilot and Tax Incentive Development Agreement dated as of December 12, 2012, between Borrower and the City of Bridgeport, as amended by that certain Correction to Tax Pilot and Tax Incentive Development Agreement dated as of April 1, 2019, between Borrower and the City of Bridgeport, as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms hereof.

PILOT Agreement means the Biodiesel Purchase Agreement dated October 17, 2006 by and between the Company and Pilot Travel Centers, LLC.

PILOT Agreement means that certain Amended and Restated Agency Lease Agreement effective as of the date hereof by and between the New York City Industrial Development Agency (the “IDA”) and Landlord, as the same may be modified from time to time.

PILOT Agreement means that certain Restated and Amended 19 Agreement between the Port Authority and the City of New York, dated as of November 24, 2004, as the 20 same has been and may hereafter be amended from time to time. 21 (iii) [Intentionally Omitted.]