Common use of Transitional Clause in Contracts

Transitional. 7.14.1 On the effective date, the Dogrib Treaty 11 Council, the Dog Rib Rae band, the Whati First Nation band, the Gameti First Nation band and the Dechi Laot’i First Nations band cease to exist and are succeeded by the Tåîchô Government. 7.14.2 On the effective date, the assets and liabilities of the bands referred to in 7.14.1 become the assets and liabilities of the Tåîchô Government. 7.14.3 Any monies held by the Government of Canada for the use and benefit of the bands referred to in 7.14.1 shall be transferred to the Tåîchô Government as soon as practicable after the effective date. 7.14.4 On the effective date, (a) any assets or liabilities of the Dogrib Treaty 11 Council become the assets and liabilities of the Tåîchô Government; and (b) the Executive of the Dogrib Treaty 11 Council that is in office immediately before that date becomes the governing body of the Tåîchô Government until replaced in accordance with the Tåîchô Constitution. CHAPTER 8‌

Transitional. 7.14.1 On the effective date, the Dogrib Treaty 11 Council, the Dog Rib Rae band, the Whati First Nation band, the Gameti First Nation band and the Dechi Laot’i First Nations band cease to exist and are succeeded by the Tåîchô Government. 7.14.2 On the effective date, the assets and liabilities of the bands referred to in 7.14.1 become the assets and liabilities of the Tåîchô Government. 7.14.3 Any monies held by the Government of Canada for the use and benefit of the bands referred to in 7.14.1 shall be transferred to the Tåîchô Government as soon as practicable after the effective date. 7.14.4 On the effective date, (a) any assets or liabilities of the Dogrib Treaty 11 Council become the assets and liabilities of the Tåîchô Government; and (b) the Executive of the Dogrib Treaty 11 Council that is in office immediately before that date becomes the governing body of the Tåîchô Government until replaced in accordance with the Tåîchô Constitution. CHAPTER 8‌.