Examples of Ejido in a sentence
During the year ended December 31, 2009, the Company also purchased 41 surface rights in the Cinco de Mayo area for $660,000 from local Ejido members, who along with the Federal Agrarian Authority ratified the purchase.
During the third quarter of 2010, the Company received notice that the Mulatos Ejido had filed a complaint with the Unitary Agrarian Court to nullify the 2008 land purchase agreement.
The Company was awaiting formal title transfer of the surface rights, when certain members of the Ejido challenged the purchase claiming the 41 rights purchased represented a 41/421 undivided interest in the Ejido owned surface rights, rather than rights to exclusive areas of the property.
The Company also has an obligation to pay the local Ejido 300,000 Mexican pesos per year for surface access on the San Rafael concessions.
During the second quarter of 2008, the Company entered into a land purchase agreement with the Mulatos Ejido, the local landowners.
This purchase was ratified by an official Assembly of the Ejido and registered and ratified by the Federal Agrarian Authority.
The new surface area covers approximately 710 Ha. The Company has reduced its mineral rights on Ejido land by 7,403 Ha from the previous 12,992 Ha package due to limited mineral discovery potential and to compliment overall cost cutting strategies.
Land tenure Name of either Ejido or communityArea of eligible site for carbon capture (ha) socio-environmental factors, including land tenure secu- rity, local disturbance factors, or legal regulations, while Bastin et al.
Potential of Aboveground Tree Carbon Capture (Mg C) According to Land Tenure and Legal Criteria.Legal situation of the property Community (Mg C) Ejido (Mg C) Private property (Mg C) Total (Mg C) Regularized land tenure93.3316,534.280.0016,627.61Land tenure under litigation7,922.1612,977.970.0020,900.13Information not available0.000.0031,279.7831,279.78Total8,015.4929,512.2531,279.7868,807.52 tenure (42.9%), and 8,015.5 Mg C for the community land tenure (11.7%).
The Company is awaiting formal title transfer of the surface rights, as certain members of the Ejido have since challenged the purchase and prevented the Company from obtaining the surface access permission required as part of a Federal Government exploration permit process.