Common use of TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES Clause in Contracts

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.

Appears in 5 contracts

Samples: Treaty Land Entitlement Settlement Agreement, Treaty Land Entitlement Settlement Agreement, Treaty Land Entitlement Settlement Agreement

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TERM OF ENTITLEMENT RESERVE CREATION PROCEDURES. (a) The procedures set forth in Schedule 6 3 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 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.

Appears in 2 contracts

Samples: Treaty Land Entitlement Settlement Agreement, Treaty Land Entitlement Settlement Agreement

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