PILOT Lease definition
PILOT Lease. As defined in the Mortgage Loan Agreement.
PILOT Lease means each of the PILOT leases described on Schedule VII hereto pursuant to which the applicable Individual Borrower owns a leasehold interest in its Individual Property (or any portion thereof).
PILOT Lease means each of the PILOT leases described on Schedule 4.1.42 hereto.
Examples of PILOT Lease in a sentence
In connection with a PILOT Lease, the Servicer shall promptly, and in any event within 60 days following the receipt of the PILOT Lease (including the lessor’s contact information) inform such ground lessor that any notices of default under such PILOT Lease should thereafter be forwarded to the Servicer.
More Definitions of PILOT Lease
PILOT Lease means the lease from the HEB to the developer of property subject to this Program.
PILOT Lease means, a lease entered into in accordance with Section 5.1.23(a) hereof in connection with a Permitted PILOT Arrangement.
PILOT Lease means the lease from one of the Bond Boards to the developer of property subject to this Program.
PILOT Lease means that certain Real Property Lease Agreement dated December 31, 1999 between The Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (the “IDB”), as lessor, and Seller, as lessee, recorded as Instrument No. JY 0086 in the Register’s Office of Shelby County, Tennessee.
PILOT Lease means that certain Lease Agreement, dated as of March 1, 2006, by and between the City and the Borrower.
PILOT Lease. See the introductory paragraph of this Lease; (cc) “Plans and Specifications” – See Section 3.1;
PILOT Lease means, a lease entered into in accordance with Section 5.1.23(a) hereof in connection with a Permitted PILOT Arrangement. “PILOT Leasehold Mortgage” shall have the meaning set forth in Section 5.1.23(a)(iii) hereof.