Tenures. (i) Each of the Tenures is recorded in the records of the appropriate Governmental Entity in the name of the Seller and no material rentals, stumpage, royalty or scale accounts and other Taxes, assessments or costs arising under the Tenures are overdue or in dispute with any Governmental Entity.
Tenures. (i) Other than immaterial claims, no Seller nor any of its Affiliates has received any notice of breach of the Tenures, any of the timber cutting rights or permits or operating or development plans issued or filed pursuant to any of the Tenures other than breaches which individually or in the aggregate would not be material to the Business.
Tenures. This Forest Stewardship Plan applies to the following tenure. Tenure held by BLCF:
Tenures. Tenures generally refer to the ways interests in land are held. This means interests other than title or ownership of the land itself There are many types of tenures. There are leases which allow for certain types of uses like residency or commercial business activity. There are easements and rights of way which permit access to land for the purpose of servicing hydro installations or railways and also for the purpose of allowing those installations to be present on reserve lands. Off reserve it may be possible to negotiate some interest (tenure) or authority for Lheit Lit’en to lands which are part of the traditional territory but not reserve land. Some examples could be forestry tenures such as Tree Farm Licences and Wood Lot Licences. There is also the possibility of negotiating interests in minerals or other subsurface resources. In the Nisga’a example there are provisions dealing with fishing fights as well which could be considered a type of tenure. For reserve lands, the Lheit Lit’en community are part of a group of 14 First Nations who have signed an agreement with Canada which recognizes the Bands’ authority to manage its reserve lands. This includes the surface and subsurface resources such as minerals, forests and sand and gravel. It also recognizes the authority of the Band to be the law makers for the purposes of regulating member and non-member rights to land and any resources attached to that particular reserve land that previously was under federal jurisdiction. This is an important distinction which makes Lheit Lit’en and the 4 other B.C. Bands very different cases than other Bands in the treaty process. The land management agreement with Canada clarifies that the title to Lheit Lit’en reserve lands will remain with the Minister of Indian Affairs. This was to ensure that no land would be able to be lost in future from surrendering it for sale and to continue the fiduciary relationship between the Minister of Indian Affairs and the Band. It also makes it clear that the Band has all of the jurisdiction in deciding what interests in reserve land (tenures) will be allotted to who and what laws will apply to those land interests. In other words Lheit Lit’en could take the position at the treaty negotiation table that reserve lands are not up for negotiation. This would prevent the application of provincial laws or authority to the current land base. If Lheit Lit’en chooses to take the position of “reserve lands not being on the table for negoti...
Tenures. Except as disclosed in the Company Financial Statements:
