Job Corps Parcel Lands Sample Clauses

Job Corps Parcel Lands. The Parties contemplate that all or part of the Job Corps Parcel lands may be transferred out of federal ownership in the future. The Parties agree that, pursuant to the Exchange Act, such lands may be added to or removed from the Trust, as determined by mutual agreement of the Parties, in one or more Closing Phases of this exchange, provided that for each Closing Phase involving Job Corps Parcel lands, the Commission makes the findings required by section 7 of the Exchange Act and the Closing Phase is approved by the Commission and TIDA. Prior to such approval, the Parties shall cause to be prepared necessary revisions to the exhibits to this Agreement to reflect the inclusion of the applicable portions of the Job Corps Parcel in the exchange, which exhibits shall be deemed to replace the existing exhibits upon the approval by both Parties. The Trust shall be terminated in, or established on, any Job Corps Parcel lands to be included in the exchange in the same manner as provided in this Agreement for other Trust Termination Lands and Public Trust lands.
Sample 1
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