PILOT Year definition

PILOT Year means the first tax year following the Taxable Status Date after the Completion Date and each year thereafter for a total of twenty (20) years in accordance with the Schedule of PILOT Payments. For example, if the Completion Date was prior to March 1, 2022, the Initial PILOT Year would include the
PILOT Year means the first tax year following the Completion Date. For example, if the Completion Date is prior to March 1, 2021, the Initial PILOT Year would include the
PILOT Year means each twelve‐month period of the solar photovoltaic pilot program beginning on April 1. Year one of the pilot program is April 1, 2010 to March 31, 2011; year two of the pilot is April 1, 2011 to March 31, 2012, etc.

Examples of PILOT Year in a sentence

  • In addition to the Base Valuation Payment, the Company shall also pay an amount, inverted beginning in PILOT Year 15, equal to $5,500 per MW PV solar electrical generation capacity, which as of the date of this Agreement is 1.25MWac, with such amount increasing backward at 2% per year during the term hereof.

  • The Company shall ----------------------------------------------- be entitled to receive for each PILOT Year an Electric Interconnect Credit which shall be available as a credit against the Annual PILOT Amounts due hereunder, in accordance with this Section 4.04.

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

  • Though the ‘trip ticket’ program collected some data back through late 1984, there was limited information on the numbers of fishermen landing red drum or the gear they used.

  • After the fifteenth (15th) PILOT Year, the Project Facility shall be subject to full taxation by the affected taxing jurisdictions.


More Definitions of PILOT Year

PILOT Year means each period of 12 months, commencing on the first day of July of each such period, in which occurs any part of the Term.
PILOT Year means the first tax year following the taxable status date after the Completion Date. For example, if the Completion Date was prior to March 1, 2020, the Initial PILOT Year would include the 2020/2021 School District PILOT, the 2021 County PILOT, the2021 Town PILOT, the2021 Hyde Park Fire District PILOT 2021 Hyde Park Library District PILOT2021 Dutchess County Water and Waste Water Authority PILOT, (collectively the “Initial PILOT Year”) shall become due, and annually thereafter for a total of ten (10) years in accordance with the Schedule of PILOT Payments.
PILOT Year means (A) in the event that the Delivery Date does not occur on January 1, the period from the Delivery Date through the second December 31 thereafter (such period, the “First PILOT Year”),and (B) each twelve (12) calendar month period commencing on the first January 1 following the First PILOT Year and on each anniversary thereof.
PILOT Year means a twelve (12) month period which begins on the Start Date or an anniversary thereof, during the Term.
PILOT Year means each twelve-month period of the solar photovoltaic pilot program beginning on April 1 and ending on March 31.
PILOT Year means each twelve (12) month period, commencing on the first day of July of each such period occurring during the Term hereof or such other 12 month period as may hereafter be adopted as the fiscal year for PILOT payment purposes by the City of New York.
PILOT Year means the first tax year following the Taxable Status Date after the Completion Date and each year thereafter for a total of fifteen (15) years in accordance with the Schedule of PILOT Payments. For example, if the Completion Date was prior to March 1, 2025, the Initial PILOT Year would include the 2025/2026 School District PILOT, the 2026 County PILOT, the2026 Town PILOT, the2026 East Fishkill Fire District PILOT2026 East Fishkill Public Library District PILOT (collectively the “Initial PILOT Year”) shall become due, and annually thereafter for a total of fifteen (15) years in accordance with the Schedule of PILOT Payments.DRAFT