Common use of WHOLLY ENCLOSED WATERBODIES Clause in Contracts

WHOLLY ENCLOSED WATERBODIES. (a) If a surface or subsurface Waterbody is wholly enclosed within the boundaries of any Entitlement Lands and has no Discernible Surface Outlet beyond the boundaries of the Entitlement Lands, Saskatchewan shall, without compensation, transfer to Canada all water, beds and shores of that Waterbody, effective upon creation of the Entitlement Reserve with respect to those Entitlement Lands.

Appears in 9 contracts

Samples: Resources Transfer Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.