Shortfall Acres Acquisition Date definition
Examples of Shortfall Acres Acquisition Date in a sentence
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.
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 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 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.
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 ▇▇▇▇▇▇▇ ▇▇▇ 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.
Prior to the Band's Shortfall Acres Acquisition Date the Trustees shall not mortgage, pledge, hypothecate or in any way encumber that portion of the Trust Property in the Trust Account or any interest therein, for any purpose whatsoever and, except as may be specifically authorized in the Trust Agreement, the Trustees shall not lend, invest, release, distribute or advance the Trust Property.
No Purchase of Entitlement Land (which, for greater certainty, must include all Minerals and Improvements) shall be made prior to the Shortfall Acres Acquisition Date if the average Price per acre (including all amounts required to Purchase the associated Minerals and Improvements and to pay related Acquisition Costs) for that Purchase would exceed the amount of the Entitlement Monies divided by the Shortfall Acres, which Canada and the Band agree is $485.85 per acre.
The parties agree that, from and after the Band's Shortfall Acres Acquisition Date, freehold or federally held Minerals, or any interest therein, may he Purchased without the Band having to Purchase the surface of the Land.