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 is in full force and effect and there is no default thereunder by Bxxxxxxx, and, to Bxxxxxxx’s knowledge, any other party thereto, and, to Bxxxxxxx’s knowledge, no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

• In addition to any specific reports required pursuant to the Uniform Agency Project Agreement, the Agency Agreement or the PILOT Agreement, within thirty (30) days of written request by the Agency, the Company will supply all necessary information to allow the Agency to complete its annual report with the New York State Comptroller’s Office and any other reports required by law.

• Accordingly, the parties acknowledge that the PILOT Agreement has been executed with respect to the Facility.

• Until the expiration date of the PILOT Agreement, the Agency and the Company hereby agree that the Company (or any subsequent user of the Facility under this Lease Agreement) shall be required to make or cause to be made payments in lieu of real estate taxes in the amounts and in the manner set forth in the PILOT Agreement.

• Neither the execution and delivery of the Loan Documents nor Bxxxxxxx’s performance thereunder will materially and adversely affect Borrower’s rights under the PILOT Agreement.

More Definitions of PILOT Agreement

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 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 has the meaning set forth in Section 17.27.

PILOT Agreement means the Payment in Lieu of Tax Agreement between the Issuer and the Company entered into in connection with the Project and the issuance of the Series 2019 Bonds, as the same may be amended 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.]

PILOT Agreement means the Payment in Lieu of Taxes Agreement dated as of December 1, 2019.