LANDS ELIGIBLE FOR RESERVE STATUS Sample Clauses

LANDS ELIGIBLE FOR RESERVE STATUS. Canada agrees that the Minister will recommend that Entitlement Land up to, but not exceeding, the Band's Equity Quantum shall be set apart as Entitlement Reserve, subject to the following: (a) the acquisition of the Entitlement Land has been approved by the Chief and Council of the Band; (b) wherever applicable there has been full compliance with this Agreement; (c) title to all Entitlement Land is in form and in substance satisfactory to Canada; (d) the Terms and Conditions of Entitlement Reserve Creation have been complied with and, in any case where Article 9 is applicable, such additional requirements of Article 9 as are applicable have also been complied with; (e) the Land, Minerals and Improvements have been determined to be environmentally suitable to be set apart as an Entitlement Reserve after the completion of an Environmental Screening or, where applicable, an Environmental Review, in accordance with the process set out in the Terms and Conditions of Entitlement Reserve Creation; and (f) save and except for those Environmental Screening and outer boundary survey costs to be paid by Canada pursuant to section 11.07, the Band has made all required payments in respect of the relevant Entitlement Land including, where applicable: (i) the purchase Price for the acquisition of the Entitlement Land (including any Improvements and Minerals in respect thereof); (ii) Acquisition Costs; (iii) the satisfaction or accommodation of all Occupants of Crown Land; (iv) the satisfaction or accommodation of all Interests in a Mineral Disposition and Third Party Interests; and
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  • REQUIREMENT ON ELIGIBILITY AND REGISTRATION OF E-BIDDERS 1.1. Any interested party who intend to participate in the online public auction ("E-Bidders") auction can register as a user by logging onto PAH Website 1.2. To participate in the online public auction, the party shall: a) be an individual: 18 years and above, of sound mind and not a bankrupt; b) be a corporate body: incorporated under the laws of Malaysia and must not be in liquidation and be able to take, fulfil and perform all necessary actions, conditions and matters (including obtaining any necessary consents) in terms of law to enable E-bidders to participate in the public auction and complete the purchase in the event of successful bid. 1.3. To register as a user, a party is required to submit/upload the following documents through PAH Website: a) Individual: Photocopy of NRIC/Passport b) Corporate: i) Memorandum and Articles of Association/Constitution of company ii) Board of Directors Resolution iii) Form 24, Form 44, From 49 or equivalent under companies Act 2016 or other applicable laws and a duly signed Board of Director's Resolution. 1.4. E-Bidders eligibility requirements are also subject to the existing Federal and State legal provisions. Foreign nationals or companies are also advised to take note of restrictions applicable on foreign purchase imposed by the relevant authorities. 1.5. E-Bidders only need to register once with true, current and accurate information provided and this registration can be applied for future auctions on PAH Website. 1.6. E-bidders are responsible to identify the property correctly and to ensure that all the details and description are correct and accurate before bidding. 1.7. It is the sole and absolute responsibility of all intending E-Bidders and at the E-Bidders' own costs and expenses, seek and obtain from the Developer and/or the relevant authorities or bodies, all confirmations and/or consents as may be required or as may be applicable in respect of the purchase of the Property and to satisfy themselves on the physical condition of the Property and all matters in connection with the Property prior to the bidding(including and not limited to verifying the identity, particulars, state and condition of the Property and the terms of the conditions and restrictions affecting the Property if any, whether or not the Property is reserved for Bumiputera or Malay Reserved only and/or is a low cost property, and matters relating to the ownership and transfer of the Property, the status of the separate document of title to the Property and its particulars, the liabilities including amounts of outstanding service or maintenance charges owing and other obligations pertaining to the Property and the E-bidders' eligibility and qualification to purchase the Property). E-Bidders shall be deemed to have full knowledge of all of the matters aforesaid. The Auctioneer,the Assignee/Bank, the Assignee/Bank's solicitors, PAH website and their respective agents or servants do not in any way make representation or warranty in respect of any of the aforesaid and shall not in any way be responsible or liable to the E-Bidders in respect of any of the aforesaid. 1.8. The registration of an individual or company as an E-Bidder on the PAH website shall not be construed as approval of eligibility of the intended bidder to conclude the auction sale.

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