PILOT Amount definition

PILOT Amount shall have the meaning ascribed to such term in the PILOT Agreement, as such PILOT Agreement is in effect on the Effective Date.
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PILOT Amount shall have the meaning given to it in Section 4.01of this Agreement.
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PILOT Amount shall have the meaning given to it in Section 4.01 (PILOT Amount).
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Examples of PILOT Amount in a sentence

  • Upon the occurrence of an Event of Default, including but not limited to a PILOT Payment Default, the Agency may increase PILOT temporarily or permanently, in its sole discretion, and without notice other than the prior notice required for certain Events of Default, to an amount equal to the Full PILOT Amount as to the Land and the Improvements.

  • During the PILOT Term, the Lessee shall pay PILOT with respect to the Additional Improvements (the “Additional Improvements PILOT”) as follows: for each semi-annual period occurring during the PILOT Term, the Additional Improvements PILOT shall equal the Adjusted PILOT Amount with respect to such Additional Improvements for such semi-annual period.

  • Notwithstanding the PILOT Amount, the Developer shall be obligated to pay the Taxes each and every tax year during the PILOT Term.

  • The Pretrial Services report showed that Brown did not have any felony drug convictions.

  • PILOT Amount If an Applicant is approved for a PILOT incentive, the amount of the PILOT for the PILOT Term shall be equal to the taxes imposed by all taxing authorities on the property that is the subject of the Project for the most recent tax year prior to the execution of a Lease Agreement with an Applicant (or if the property was previously exempt from taxation, an amount equal to the taxes that would have been imposed on the property if the property had not been so exempt).

  • From and after the Cessation Date, the Lessee shall pay Real Property Taxes in respect of the Facility Realty (and not the PILOT Amount).

  • There is also a strong need for improvement of efficiency of NMHSs and improvement of meteorological infrastructure.

  • Notwithstanding the immediately preceding sentence, if no PILOT Amount is or will subsequently become due, the Lessee shall have the option to have such overpayment credit applied toward Real Property Taxes for the Facility Realty that become due after the Expiration Date.

  • The County shall have ninety (90) days to review the Phase Commencement Notice for the purpose of determining the accuracy of the information set forth therein and to determine the PILOT Amount for the Phase.

  • RevenueThe geographic information analyzes the Group's revenues based on the domestic market and other countries.


More Definitions of PILOT Amount

PILOT Amount means, for any fiscal year, the PILOT amount payable according to the PILOT Calculation Tables below.
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PILOT Amount shall have the meaning ascribed to such term in the PILOT Agreement, provided that for purposes of determining PILOT during the initial Term, all references to the PILOT Amount in effect during the initial Term of this Lease shall be deemed to exclude any Other Improvements Taxes (as defined in the PILOT Agreement).
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Related to PILOT Amount

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Payment Amount as defined in Section 3.5.

  • Contract Amount means:

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.