PILOT Recipient definition

PILOT Recipient means the person or entity directly receiving a PILOT from EDGE and/or the Sponsor.
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PILOT Recipient means the person or entity receiving a PILOT from EDGE and/or a Sponsor. PILOT Recipient includes Applicant’s tenants, assignees and/or vendees who contribute property to the Project, entering into Lease Agreement(s) with EDGE for such property, so as to enjoy a PILOT benefit.
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Examples of PILOT Recipient in a sentence

  • If any taxes are under appeal, please provide comments in the space provided, noting the entity the PILOT Recipient is appealing to, the years under discussion, and the amounts under review.

  • Please use this form to report transactions between the PILOT Recipient and certified Minority and Woman Owned Small Business Enterprises (“MWBEs”) and Locally Owned Small Businesses (“LOSBs”) during the year.

  • Company Employees3rd Party Contract Employees  Number of Employees at the beginning of the year – Insert the total number of Full-Time Equivalent Jobs in existence at the beginning of the year, provided for persons employed by the PILOT Recipient.

  • See Note 1 in the PILOT Annual Report Guidelines for additional instructions For additional parcels, please attach page.* Does not include existing real property leased by PILOT Recipient, as reflected in the Community Reinvestment Credit.** If there are additional parcels identified, please include in the above table.

  • If PILOT Recipient or Sponsor fails to file the Annual Report by January 31 of each year, PILOT Recipient shall pay a late fee of Fifty Dollars ($50.00) for each day the Annual Report is late (February 1 or later) until the Annual Report is filed, subject to a maximum fee of Three Thousand Dollars ($3,000) which will accrue interest at the rate of 1.5% per month or the maximum rate allowed by law.

  • In order to encourage growth locally, each PILOT Recipient shall participate in EDGE’s Local Business Participation Program.

  • To the extent that any agency of the City of Memphis, Shelby County, or the State of Tennessee shall require of EDGE any information or documentation regarding the Project, the PILOT Recipient shall provide or otherwise assist EDGE, as needed, in the production of such information or documentation.

  • The PILOT Recipient will also be responsible for paying any additional expenses (i.e., recording fees, transfer tax, courier, copies and postage).

  • For example, if the PILOT Recipient receives a 10 year PILOT Term, it must meet prior to the seventh anniversary of the first lease closing.

  • Upon the expiration of a Lease Agreement, EDGE shall provide written notification to the PILOT Recipient advising it of PILOT Recipient’s duty, pursuant to the Lease Agreement, to submit to EDGE all required documentation and approvals needed to enable it to execute any deeds and bills of sale necessary to transfer ownership of Project property to the PILOT Lessee.

Related to PILOT Recipient

  • Subrecipient means a non-Federal entity receiving an Award from a Recipient to carry out part of a Federal program. The term does not include an individual who is a beneficiary of such program.

  • Service Recipient means, with respect to a Participant holding a given Award, the member of the Company Group by which the original recipient of such Award is, or following a Termination was most recently, principally employed or to which such original recipient provides, or following a Termination was most recently providing, services, as applicable.

  • Service Provider means an Employee, Director or Consultant.

  • Local Service Provider (LSP) is the LEC that provides retail local Exchange Service to an End User. The LSP may or may not provide any physical network components to support the provision of that End User’s service.

  • Participating Provider means an Administrator Hospital or Professional Provider which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to participants in the Participating Provider Option program or an Administrator facility which has been designated by the Claim Administrator as a Participating Provider.