PILOT Agreements definition

PILOT Agreements means (i) the PILOT Lease, (ii) that certain PILOT Bond Trust Indenture, dated as of March 1, 2006, by and between the City and the PILOT Bond Trustee, (iii) the HOPA Agreements, (iv) the PILOT, (v) the Guaranty Agreement, dated as of March 1, 2006, made by the Borrower in favor of the PILOT Bond Trustee, (vi) the Empire Participating Co-Tenant Agreement, (vii) the Empire Asset Purchase Agreement, (viii) the Assignment of Undivided Tenancy-In-Common Interest, by the Borrower in favor of Empire, (ix) the Assignment of Undivided Tenancy-In-Common Interest, by the Borrower in favor of ETEC, (x) the Assignment of Undivided Tenancy-In-Common Interest, by the Borrower in favor of MJMEUC, (xi) the Assignment of Undivided Tenancy-In-Common Interest, by the Borrower in favor of MEAM, and (xii) any other agreement related thereto.
PILOT Agreements means the Payment In-Lieu-of-Tax Agreements, dated as of February 1, 2008, by and between Steuben County Industrial Development Agency and each of the Cohocton Project Companies.
PILOT Agreements means the Contracts set forth in Section 4.10(a)(xiii) of the Seller Disclosure Schedules. “Portfolio” has the meaning set forth in the recitals hereof. “Preliminary Purchase Price” means the sum of (a) the Base Purchase Price plus (b) the Estimated Adjustment Amount (whether the Estimated Adjustment Amount is a positive or negative amount). “Proceeding” means any action, claim, demand, litigation, suit, or other proceeding by or before any Governmental Authority. “Project” has the meaning set forth in the recitals hereof. “Project A2” means the community solar system under development in New York by Abundant Solar Power (A2) LLC. “Project CC3” means the community solar system under development in New York by Abundant Solar Power (CC3) LLC. “Project E1” means the community solar system under development in New York by Abundant Solar Power (E1) LLC.

Examples of PILOT Agreements in a sentence

  • If it is determined upon review of the Annual Report that the number of Full-Time Employees at the Facility is less than what was represented in the Application (the “Employment Target”), the Agency shall require within all PILOT Agreements that an additional PILOT Payment that represents a pro rata recapture of ad valorem taxes that would otherwise be due and owing in the absence of the PILOT Agreement.

  • Some PILOT Agreements provide a specific dollar amount to be paid each year for the term of the PILOT Agreement.

  • Total Private Sources $ Total Public Sources $ Developer’s Equity $ Other $ TOTAL ALL SOURCES $ (Public Funding – Developer or development team must identify any proposed or anticipated public funding requests including any request for infrastructure improvements, property tax exemptions, sales tax exemptions on building materials, and PILOT Agreements.) Note: Total from all sources must match total Development Costs on previous page.

  • All Solar PILOT Agreements shall be substantially in the form attached hereto.

  • As part of the PPAs referenced above, to enter into Payment in Lieu of Taxes (PILOT) Agreements in lieu of real and personal property taxes in accordance with General Laws Chapter 59, §38H (Acts of 1997 Chapter 164, Section 71(b)), as amended) and the Massachusetts Department of Revenue (DOR) Guidelines published in connection therewith.

  • In accordance with Section 858(15) of the Act, unless otherwise agreed by the affected taxing jurisdictions, all PILOT Agreements shall provide that PILOT Payments received shall be allocated among the affected taxing jurisdictions in proportion to the amount of real property tax and other taxes which would have been received by each affected taxing jurisdiction had the project not been tax exempt as a result of the Agency's involvement in the project.

  • They are, however, required to have specific policies adopted which outline the types of PILOT Agreements they are offering and procedures for deviation from those stated policies (the Uniform Tax Exemption Policy “UTEP”).

  • All PILOT Agreements are subject to Recapture upon the recurrence of a Recapture Event.

  • People were expected to regulate their own uses of media, and to cope with the problems of the emerging media and communications environment.

  • PILOT Agreements stipulate that companies make PILOT payments to local taxing jurisdictions that are based upon a percentage of the property tax that would otherwise be due if the property was not owned by the IDA.


More Definitions of PILOT Agreements

PILOT Agreements means each of (i) the Agreement for Payment in Lieu of County Taxes, dated as of January 15, 1992, between the Seller and Onondaga County Industrial Development Agency, (ii) the Agreement for Payment in Lieu of School District Taxes, dated as of December 18, 1991, between
PILOT Agreements shall have the meaning given such term in Section 2.01(b)(i).
PILOT Agreements means collectively the Saranac PILOT Agreement and the North Country PILOT Agreement.
PILOT Agreements means the payment in lieu of taxes agreements between a Company Entity and a Governmental Authority set forth on Section 3.13 of the Company Disclosure Schedule.
PILOT Agreements means those certain agreements providing for "payment in lieu of taxes" between Owner (or a SPE Entity) and an XXX Agency and more fully described in EXHIBIT "S" annexed hereto. [The remainder of this page has been intentionally left blank.]

Related to PILOT Agreements

  • 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.

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Service Agreements means the agreements in the agreed form to be entered into between the Company and each of the Founders;

  • Services Agreements means the Outsourcing Master Services Agreements between MBL and MGL dated November 15, 2007, and between the Non-Banking Holdco and MGL dated December 10, 2007, and any supplements or amendments thereto;

  • Existing Agreements means the [*****].

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • PJM Agreements means the PJM OATT, PJM Operating Agreement, PJM RAA and any other applicable PJM manuals or documents, or any successor, superseding or amended versions thereof that may take effect from time to time.

  • Support Agreements has the meaning set forth in the Recitals.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Architect’s Agreement means any agreement that Borrower and any Architect from time to time may execute pursuant to which Borrower engages such Architect to design any portion of the Improvements, including the preparation of the Plans and Specifications, as approved by Funding Lender.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Reconstitution Agreements The agreement or agreements entered into by the Seller and the Purchaser and/or certain third parties on the Reconstitution Date or Dates with respect to any or all of the Mortgage Loans sold hereunder, in connection with a Whole Loan Transfer, Agency Transfer or a Securitization Transaction pursuant to Section 13, including, but not limited to, a seller's warranties and servicing agreement with respect to a Whole Loan Transfer, and a pooling and servicing agreement and/or seller/servicer agreements and related custodial/trust agreement and documents with respect to a Securitization Transaction.

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Operating Agreements means the management agreements, service contracts, supply contracts, leases (other than the Leases) and other agreements, if any, in effect with respect to the construction, ownership, operation, occupancy or maintenance of the Property. All of the Operating Agreements in force and effect as of the date hereof are listed on Exhibit E attached hereto.

  • Supply Agreements has the meaning set forth in Section 7.1.

  • Water Agreement means an agreement entered into between the Water Corporation (established pursuant to section 4 of the Water Corporation Act 1995) and BHP Iron Ore Pty. Ltd. ACN 008 700 981 as agent for BHP Direct Reduced Iron Pty. Ltd. and the Mount Xxxxxx and Mount Goldsworthy Mining Associates Joint Venturers in a form approved by the Minister in relation to the supply of water for, inter alia, the Joint Venturers’ water requirements for the purposes of this Agreement at Port Hedland;