TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES Sample Clauses

TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES. (a) The procedures set forth in Schedule 6 and in sections 11.02 to 11.04 inclusive (in this section the "Entitlement Reserve Creation Procedures") shall, unless otherwise agreed to in writing by Canada, Saskatchewan and the Band, be in effect for a period of at least fifteen (15) years from the Execution Date. (b) The parties agree to enter into good faith negotiations at the time and as part of the negotiations under subsection 11.12(b) of the Framework Agreement to determine what additional period of time, if any, the Entitlement Reserve Creation Procedures shall continue to be effective and what amendments, if any, are required thereto. (c) In the event that the parties are unable to agree in writing upon an extension of the applicable time period or any required amendments on or before the expiration of the fifteen (15) year period referred to in subsection (a), the Entitlement Reserve Creation Procedures shall continue to be applicable thereafter for a further period of three (3) years, at which time, unless otherwise agreed in writing amongst the parties, Canada's then current policy on Reserve creation shall thereafter be substituted as the procedure for Entitlement Reserve creation.
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TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES a) The procedures set forth in Schedule 5 and in sections 11.02 to 11.04 inclusive (in this section the "Entitlement Reserve Creation Procedures") shall, unless otherwise agreed to in writing by Canada, Saskatchewan and the Band, be in effect for a period of at least fifteen (15) years from the Execution Date.

Related to TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES

  • Audit Rights Period for Construction-Related Accounts and Records Accounts and records related to the design, engineering, procurement, and construction of Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades shall be subject to audit for a period of twenty-four months following Connecting Transmission Owner’s issuance of a final invoice in accordance with Article 12.2 of this Agreement.

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