Common use of Payments in Lieu of Taxes on the Land and the Buildings Clause in Contracts

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2030 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. A. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2023 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2024 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2029 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2022 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows:

Payments in Lieu of Taxes on the Land and the Buildings. For the period commencing on the PILOT Commencement Date (hereinafter defined) until the earlier of (i) February 28, 2026 2033 (the “Abatement Termination Date”) or (ii) the date on which the Agency no longer owns maintains a leasehold interest in the Facility Realty, the Lessee shall make payment in lieu of real estate taxes (the “PILOT Payments”), as follows: