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 any aircraft, means any person having charge of such aircraft;

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

Examples of Pilot in a sentence

• In the event of any conflict in the terms and provisions of this Amendment and the terms and provisions of the PILOT Agreement, the terms and provisions of this Amendment shall govern.

• This PILOT Agreement shall expire on December 31, 2038; provided, however, the Company shall pay the 2039 County and Town tax bill and the 2038/2039 School tax bill on the dates and in the amounts as if the Agency were not in title on the tax lien date with respect to said tax years.

• Notwithstanding any disagreement between the Company and the Agency, the Company shall pay the increased PILOT payment until a different Total PILOT Payment shall be established.

• The Agency shall notify the Company of any proposed increase in the Total PILOT Payment related to such Future Addition.

• Upon the earlier of substantial completion, or the issuance of a certificate of occupancy for any such Future Addition to the Facility, the Company shall become liable for payment of an increase in the Total PILOT Payment.

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

Pilot. ’ means an employee who is—