OIL AND GAS/MINING Sample Clauses

OIL AND GAS/MINING. (a) Subject to subsection (b), Canada and each of the Entitlement Bands agree that they will not authorize or permit the production or disposition of oil or gas underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Oil and Gas Regulations, C.R.C. 1978, c. 963.
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OIL AND GAS/MINING. (a) Subject to subsection (b), Canada and the Band agree that they will not authorize or permit the production or disposition of oil or gas underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Oil and Gas Regulations, C.R.C. 1978, c. 963. (b) If the requirements of section 4 of the said Indian Oil and Gas Regulations are amended or repealed, in whole or in part, then, subject to enactment of amending or replacement federal legislation relating to the production of oil and gas situate on Entitlement Reserve land, Canada, Saskatchewan, and the Band agree to enter into good faith negotiations to alter the obligations of Canada and the Band under subsection (a). (c) Subject to subsection (d), Canada and Band agree that they will not authorize or permit the production or disposition of Minerals (other than oil or gas) underlying an Entitlement Reserve except in accordance with the requirements of section 4 of the Indian Mining Regulations, C.R.C. 1978, c. 956. (d) If the requirements of section 4 of the said Indian Mining Regulations are repealed, in whole or in part, then subject to enactment of amending or replacement federal legislation relating to the extraction of Minerals located on Entitlement Reserve land, Canada, Saskatchewan, and the Band agree to enter into good faith negotiations to alter the obligations of Canada and the Band under subsection (c).

Related to OIL AND GAS/MINING

  • Minerals The seller’s share of minerals (if any) will NOT transfer with the surface at closing.

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