Shortfall Acres definition

Shortfall Acres means that area of Land, expressed in acres (including all existing Minerals in respect thereof) to be hereafter Purchased and set apart as an Entitlement Reserve or Entitlement Reserves, the exact acreage of which is referred to in section 2.06 (which Land is, for greater certainty, in addition to the Band's existing Reserve land), and which the parties agree is 6,144 acres;

Shortfall Acres in respect of a particular Entitlement Band, means that area of Land (including all existing Minerals in respect thereof), the total acreage of which is set forth in column 4 of Schedule 1;

Shortfall Acres means, in respect of a particular Entitlement Band or the Nekaneet Band, that area of land (including all existing minerals and improvements in respect thereof), the total acreage of which is set forth in respect of each such Entitlement Band and the Nekaneet Band in Schedule 1;

Examples of Shortfall Acres in a sentence

• 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.

• The parties agree that, from and after the Shortfall Acres Acquisition Date, freehold or federally held Minerals, or any interests therein, may be Purchased without the Band having to Purchase the surface of the Land.

• From and after the Shortfall Acres Acquisition Date, the surface of Land may be Purchased without acquiring all, or any, of the underlying Minerals, provided, however, eligibility of such Land for creation as an Entitlement Reserve shall be subject to the terms and conditions of this Article and Article 11.

• From and after the Band's Shortfall Acres Acquisition Date, the surface of Land may be Purchased without acquiring all, or any, of the underlying Minerals, provided, however, eligibility of such Land for creation as an Entitlement Reserve shall be subject to the terms and conditions of this Article and Article 11.

• Ms. Potter noted that thorough all types of planning, there are always issues with accuracy of data.

• Notwithstanding the definition of "Entitlement Land" herein, after its Shortfall Acres Acquisition Date, Land, Minerals or Improvements Purchased by the Onion Lake Band in the Province of Xxxxxxx xxx be acquired as Entitlement Lands and thereafter be eligible to be set apart as a Reserve in the Province of Alberta according to Canada's policies respecting Reserve creation.

• The parties agree that, from and after an Entitlement Band's Shortfall Acres Acquisition Date, freehold or federally held Minerals, or any interest therein, may he Purchased without the Entitlement Band having to Purchase the surface of the Land.

• The Borrower shall maintain its chief executive office and principal place of business in the United States of America and shall not change its jurisdiction of formation except upon not less than fifteen (15) days prior written notice to the Administrative Agent.

• From and after an Entitlement Band's Shortfall Acres Acquisition Date, the surface of Land may be Purchased without acquiring all, or any, of the underlying Minerals, provided, however, eligibility of such Land for creation as an Entitlement Reserve shall be subject to the terms and conditions of this Article and Article 11.

• The Entitlement Bands agree that, prior to their Shortfall Acres Acquisition Date, all Entitlement Land Purchased shall include all Minerals and shall be free and clear of all Mineral Dispositions and, in the case of Land in respect of which all the underlying Minerals are owned by the provincial or federal Crown, such Minerals shall not, in the case of provincial Crown Minerals, be the subject of any Public Purposes Plan.

More Definitions of Shortfall Acres

Shortfall Acres means that area of Land (including all existing Minerals in respect thereof) expressed in acres, the surface area of which is set forth in section

Shortfall Acres means the area of Land (including all existing Minerals in respect thereof), expressed in acres other than the Band’s existing Reserve that is, as of the Execution Date, to be set apart as an Entitlement Reserve pursuant to Treaty Number Four as set out in section 2.03;