Common use of Resource Revenue-Sharing Clause in Contracts

Resource Revenue-Sharing. 8.1 The Parties will identify and negotiate potential revenue and benefits sharing arrangements between them within the SDM Area where these arrangements are supported by required policies and mandates of both Parties. 8.2 In the event that the Parties enter into a revenue sharing agreement including a replacement or renewal of the existing Interim Agreement on Forest and Range Opportunities which took effect on June 21, 2007, the Province may reduce funds that would otherwise be provided for Engagement capacity under any such agreements in consideration of funding provided under this Agreement.

Appears in 4 contracts

Samples: Land and Resource Management Agreement, Land and Resource Management Agreement, Land and Resource Management Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!