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

• If any provision of this PILOT Agreement or the application thereof to any person or circumstance shall be invalid or unenforceable to any extent, the remainder of this PILOT Agreement and the application of such provisions to other persons and circumstances shall not be affected thereby and shall be enforced to the greatest extent permitted by law.

• This PILOT Agreement may be executed in multiple counterparts, each of which when so executed and delivered shall be deemed an original, but such counterparts shall together constitute but one and the same instrument.

• In consideration of the agreement by the Owner to such collection remedies, the City agrees that (i) the BPDA shall have no liability whatsoever for any PILOT Payments hereunder, and (ii) there shall be no other recourse against, or any personal liability on the part of any general or limited partner, member, manager, officer, director, employee or agent thereof with respect to any payments due or any obligations to be performed hereunder.

• The Parties agree that the intended beneficiary of the tax stabilization occasioned under this PILOT Agreement is the Buyer.

• The Gap Payment shall be paid within six (6) months following the month in which this PILOT Agreement terminates.

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;