MLCN definition

MLCN means Muskeg Lake Cree Nation, a “band” within the meaning of the
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Examples of MLCN in a sentence

  • For greater certainty, any income (including rent) realized on, or in respect of, Land, Minerals or Improvements purchased by the Corporate Nominee pursuant to this Agreement, prior to or after Reserve Creation, if applicable, shall be that of MLCN and not of the Trust (unless and until they are deposited into the Trust Account (as a contribution to the Trust)).

  • The Trustee, and each Replacement Trustee, shall, prior to such appointment being effective, enter into a Trustee Services Agreement with MLCN.

  • At the end of each Fiscal Year and at any other time determined by MLCN, the Trustee shall review the terms of all Investment Management Agreements in effect and, with the consent of the Investment Manager, Council by way of a Band Council Resolution and the Advisory Committee by way of an Advisory Committee Resolution make any necessary or desirable amendments to the Investment Management Agreements to ensure that the agreements are consistent with this Agreement and the Trustee Act.

  • If the Trustee, MLCN or the Advisory Committee changes its address, facsimile number or email address, such party shall provide notice of the change to the others in the manner set out herein.

  • MLCN and the occupants of the Land shall have the same rights, remedies and recourse against the Board as would be available to them if the Land was non-reserve land.

  • If the Trust is terminated in accordance with Section 17.1, the Trustee shall pay any outstanding Authorized Expenses and transfer the remaining balance of the Trust Property, if any, to MLCN to be resettled in a new trust where the sole beneficiary of the new trust is MLCN.

  • For greater certainty, the audit of the Revenue Account shall be reported separately, and not on a consolidated basis with other MLCN accounts, to Members.

  • Where the party applying to the court is the Trustee, notice must be served by the Trustee to MLCN.

  • For greater certainty, the Compensation Balance received from Canada shall be received at and upon the direction of MLCN and is therefore a contribution made by MLCN as Settlor.

  • All monies, securities, property or other assets as may be paid or transferred to the Trustee upon these trusts shall be irrevocably made by MLCN as Settlor.