Equity Quantum means that area of Land, expressed in acres, referred to in section 2.02, and which Canada and the Band have agreed is 38, 971.10 acres;
Equity Quantum means the maximum area of Land expressed in acres, which the Band is entitled to Purchase or have Purchased on its behalf to be set apart as Entitlement Reserve in accordance with the terms of this Agreement, and which Canada and the Band have agreed is 27,327 acres;
Equity Quantum means, in respect of a particular Entitlement Band, the total area of Land, expressed in acres, which has been calculated in accordance with section 2.02, and which is set forth in column 7 of Schedule 1;
Examples of Equity Quantum in a sentence
Canada and the Band agree that the Band's Equity Quantum is 38,971.10 acres.
E-15 ("Goods and Services Tax"), as the same relates to the purchase price incurred in acquiring Entitlement Lands, Minerals or Improvements up to, but not exceeding, the Band's Equity Quantum.
The Band agrees that the area of any Undeveloped Road Allowance or Provincial Road which has been transferred to Canada under this Article shall not be used in determining whether the Band has attained its Shortfall Acres or Equity Quantum for the purposes of this Agreement.
If Land in excess of the Band's Equity Quantum is Purchased, such Land may be set apart as a Reserve at the sole discretion of Canada under its Additions to Reserves Policy as amended from time to time.
More Definitions of Equity Quantum
Equity Quantum means that area of Land (with or without Minerals in respect thereof) expressed in acres, the surface area of which is set forth in section 2.02 of the TLE Settlement Agreement as 29,394.18 acres;