Tsleil. Waututh represents and warrants to British Columbia, with the intent and understanding that British Columbia will rely on such representations and warranties in entering into this Agreement, that:
Tsleil. Waututh has taken all necessary actions and has obtained allnecessary approvals to enter into this Agreement on behalf of the Members; and
Tsleil. Waututh Nation will establish and throughout the Term maintain a bank account in the name of Tsleil-Waututh Nation (or the Designate, as the case may be) at a Canadian financial institution into which direct deposits can be made by British Columbia for the purpose of receiving monies payable by British Columbia pursuant to this Agreement (the “Payment Account”). Tsleil-Waututh Nation will provide to British Columbia sufficient address and account information respecting the Payment Account to enable British Columbia to make direct deposit payments to the Payment Account.
Tsleil. Waututh Nation covenants and agrees as follows:
Tsleil. Waututh Nation agrees that the province is not obligated, unless requested by the Tsleil-Waututh Nation, to inform the Tsleil-Waututh Nation of the Delegated Decision Maker’s decision for decisions on which the consultation level has been level three (3) or lower.
Tsleil. Waututh being in compliance with all of their material obligations under this Agreement, including annual reporting requirements in accordance with section; and
Tsleil. Waututh and the Designated Company have agreed that, as a condition of the transfer of the Lands, the Designated Company will execute and deliver this Agreement on the terms set out below.
