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

  • This Agreement shall remain in full force and effect until each and every one of the PILOT Obligations shall have been irrevocably paid in full and all other obligations of the Obligor under this Agreement shall have been paid and performed in full.

  • The Obligor, in recognition of the benefits provided under this Agreement and the Lease Agreement, hereby expressly waives the right to institute judicial or other review of an assessment of the real property with respect to the Project Facility, whether pursuant to the provisions of Article 7 of the RPTL or other applicable law, as the same may be amended from time to time, with respect to any fiscal tax year from and after the PILOT Commencement Date.

  • The Obligor shall deliver to the Comptroller of the County of Nassau, on or before the dates set forth for payment of the PILOT Obligations in Section 2 hereof, in each year during the term of the Lease Agreement, a verified statement setting forth the amount of such payments and the dates of such payments.


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;