PILOT Lease Agreement definition

PILOT Lease Agreement means that certain Lease dated June 15, 2017, by and between The Industrial Development Board of the Metropolitan Government of Nashville and Davidson County, a Tennessee public, non-profit corporation (the “IDB”), as landlord, and RHP, as tenant, as amended, restated, supplemented or otherwise modified from time to time.
Sample 1Sample 2
PILOT Lease Agreement means that certain Lease dated June 15, 2017, by and between The Industrial Development Board of the Metropolitan Government of Nashville and Davidson County, a public, non-profit corporation organized and existing under the laws of the State of Tennessee (the “IDB”), as landlord, and RHP, as tenant, as amended, restated, supplemented or otherwise modified from time to time.
Sample 1
PILOT Lease Agreement has the meaning assigned to such term in the definition of “PILOT Transaction”.
Sample 1

Examples of PILOT Lease Agreement in a sentence

  • Each year any Individual or entity receiving a PILOT from Fayette County shall provide information in the manner described in the PILOT Lease Agreement and complete an Annual Report Form (see Appendix 13), including, but not limited to, the following: A.

  • The Board retains the right to visit and inspect the projects during the term of the PILOT to ensure conformance with statements and representations made In the PILOT Lease Agreement and the PILOT Application.

  • The IDB further approves the PILOT Payments as set forth in the PILOT Lease Agreement, including specifically the Base PILOT Payment and the manner of reimbursing the Company for the cost of the infrastructure improvements described therein.

  • The authority granted to such officers shall include the reconveyance of the Project upon the termination of the PILOT Lease Agreement, in substantially the forms attached to the PILOT Lease Agreement.

  • The PILOT dates in the PILOT Lease Agreement assume that the Project will be completed, placed in service, and conveyed to the IDB before December 31, 2022, and would not appear on the 2022 tax rolls (other than as unimproved real estate).

  • Refer to your PILOT Lease Agreement and/or other supporting documents and determine the exact commitment as to whether it is median wage or average wage.

  • Upon a motion by Tiffany Gardner and a second by Anthony Wise, the Resolution approving the revised PILOT Lease Agreement was unanimously approved, except for Mr. George who recused himself from the vote.

  • The Chair recognized Chris Trump who stated that the PILOT Lease Agreement was previously approved by the Board with Elo Touch Solutions, LLC.

  • It is recognized, found and determined that a real necessity exists for the employment of special counsel in connection with the issuance of the aforesaid bonds and/or the negotiation of the PILOT and preparation of the PILOT Lease Agreement, and accordingly Adams and Reese LLP, New Orleans, Louisiana, is hereby employed as special counsel to the IDB to do and to perform comprehensive, legal and coordinate professional work of a traditional legal nature with respect to the foregoing.

Related to PILOT Lease Agreement

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • 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;

  • Use Agreement means the use agreement by and between the Owner and HUD which commences on or before the Effective Date, runs with the land, binds all subsequent owners and creditors of the Exemption Area, and requires that the housing project on the Exemption Area continue to operate on terms at least as advantageous to existing and future tenants as the terms required by the original Section 202 loan agreement or any Section 8 rental assistance payments contract or any other rental housing assistance contract and all applicable federal regulations.

  • 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.

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Expense Agreement means the Agreement as to Expenses and Liabilities between the Depositor and the Trust, substantially in the form attached as Exhibit D, as amended from time to time.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Data Use Agreement means the agreement incorporated into the Contract to facilitate creation, receipt, maintenance, use, disclosure or access to Confidential Information.

  • Redevelopment Agreement means an agreement between the

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Letter Agreement means that certain letter agreement between the initial Holder hereof and the Company, dated as of August 21, 2023, pursuant to which such initial Holder agreed to exercise one or more warrants to purchase shares of Common Stock and the Company agreed to issue to the initial Holder this Warrant.