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.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

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

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 parties hereto have executed or will execute the Company Lease Agreement, Sublease Agreement and PILOT Agreement.

• As provided in the PILOT Agreement, the Company agrees to make PILOT Payments (in addition to paying all special ad valorem levies, special assessments or special district taxes and service charges against real property in the jurisdiction where the Project Facility is located).

• The parties hereto have executed or will execute the Company Lease, Sublease Agreement and PILOT Agreement.

• As provided in the PILOT Agreement, the Company agrees to make PILOT Payments (in addition to paying all special ad valorem levies, special assessments or special district taxes and service charges against real property in the jurisdiction where the Project Facility is located.

• No waiver of any of the provisions of this PILOT Agreement shall be deemed to or shall constitute a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing waiver.

More Definitions of PILOT Agreement

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 the payment in lieu of tax agreement dated as of [ the Project Agreement Date] by and between the Agency and the Company, pursuant to which the Company has agreed to make payments in lieu of taxes with respect to the Project Facility, as such agreement may be amended or supplemented from time to time.

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

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 the Payment-in-Lieu-of-Tax Agreement, dated as of May 1, 2015, by and among the Company, the Sublessee and the Agency, as amended from time to time.

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 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.