FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.
FILOT Payments means the payments in lieu of taxes which the Company is obligated to pay to the County pursuant to Section 5.02 hereof.
Examples of FILOT Payments in a sentence
The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.
More Definitions of FILOT Payments
FILOT Payments means the payments to be made by the Company or any Co- Investor with respect to its respective portion of the Project, whether made as Negotiated FILOT Payments pursuant to Section 5.01 hereof or as FILOT payments made pursuant to the Multi- County Park Act.
FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided in Section 4.1 of this Fee Agreement.
FILOT Payments means the payments to be made by the Company and/or any Company Affiliate pursuant to Section 5.01 hereof.
FILOT Payments means the payments in lieu of ad valorem taxes which are due to the County with respect to the Project under the terms of this Fee Agreement.
FILOT Payments means the payments in lieu of ad valorem taxes which Company is obligated to pay to the County under the terms of this Fee Agreement.
FILOT Payments means the payments to be made by the Company and any other parties who place Economic Development Property into service within the Investment Period pursuant to Section 5.01 hereof.