Common use of EXISTING SURFACE OR MINERAL LEASES Clause in Contracts

EXISTING SURFACE OR MINERAL LEASES. (a) During the period when Entitlement Land is held in the name of Canada until such Entitlement Land becomes Entitlement Reserve the Band and Canada agree that, save and except for any amounts payable to Saskatchewan as contemplated in section 5.08, it is their common intention and understanding that the revenues received by Canada pursuant to any Surface Lease or Mineral Disposition shall be utilized by Canada for the use and benefit of the Band. (b) Canada agrees that it will honour the terms of all Surface Leases or Mineral Dispositions affecting Entitlement Land during the period when such Entitlement Land is held in the name of Canada until the same is set apart as an Entitlement Reserve.

Appears in 5 contracts

Samples: Treaty Land Entitlement Settlement Agreement, Treaty Land Entitlement Settlement Agreement, Treaty Land Entitlement Settlement Agreement

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EXISTING SURFACE OR MINERAL LEASES. (a) During the period when Entitlement Land land is held in the name of Canada until such Entitlement Land becomes Entitlement Reserve the Band and Canada agree that, save and except for any amounts payable to Saskatchewan as contemplated in section 5.08, it is their common intention and understanding that the revenues received by Canada pursuant to any Surface Lease or Mineral Disposition shall be utilized by Canada for the use and benefit of the Band. (b) Canada agrees that it will honour the terms of all Surface Leases or Mineral Dispositions affecting Entitlement Land during the period when such Entitlement Land is held in the name of Canada until the same is set apart as an Entitlement Reserve.

Appears in 4 contracts

Samples: Treaty Land Entitlement Settlement Agreement, Settlement Agreement, Treaty Land Entitlement Settlement Agreement

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EXISTING SURFACE OR MINERAL LEASES. (a) During the period when Entitlement Land land is held in the name of Canada until such Entitlement Land becomes Entitlement Reserve the Band Entitlement Bands and Canada agree that, save and except for any amounts payable to Saskatchewan as contemplated in section 5.08, it is their common intention and understanding that the revenues received by Canada pursuant to any Surface Lease or Mineral Disposition shall be utilized by Canada for the use and benefit of the Entitlement Band. (b) Canada agrees that it will honour the terms of all Surface Leases or Mineral Dispositions affecting Entitlement Land during the period when such Entitlement Land is held in the name of Canada until the same is set apart as an Entitlement Reserve.

Appears in 3 contracts

Samples: Saskatchewan Treaty Land Entitlement Framework Agreement, Saskatchewan Treaty Land Entitlement Framework Agreement, Saskatchewan Treaty Land Entitlement Framework Agreement

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