CAPITAL TRANSFER. 8.1.1 Canada shall make a capital transfer to the Gwich’in Tribal Council in accordance with the schedule of payments as set forth in schedule I to this chapter.
CAPITAL TRANSFER. Without prior written consent from the other party and approval by the approving authorities, neither party hereto shall transfer to any third party all or part of its share in the JV. If one party intends to transfer all or part of its share in the JV to any third party, the other party shall have the preemptive right to buy the share on conditions not more austere than those for transferring the share to the said third party. It is hereby stated by the other party that if it does not exercise the preemptive right to buy the share, it shall be regarded as consent to the above-mentioned transfer.
CAPITAL TRANSFER. If any Party desires to transfer all or part of its capital contributed in the Company, such Party (“Transferring Party”) shall first offer such amount of its capital contributed in the Company by a written notice to the other Party (“Offeree Party”), specifying the price and other terms and condition of transfer. The Offeree Party shall have a right of first refusal to such offer, and shall have sixty (60) days upon the receipt of such notice (“Acceptance Period”) to respond in writing. If the Offeree Party accepts the offer, the Transferring Party and the Offeree Party shall apply for the registration of such transfer with the Licensing Authority. If the Offeree Party refuses the offer or fails to respond within the Acceptance Period, the Transferring Party may transfer its capital contributed to the Company to any third party, provided that: The sales and purchase must not be made at a price less than, or on terms and conditions more favorable than, those specified in the original offer to the Offeree Party, and the sales and purchase must not be offered to any company that competes with the Company; and The Transferring Party shall cause the transferee to execute and deliver to the other Party a written undertaking, in the form and substance acceptable to the other Party, to effect that the transferee shall observe and be bound by all provisions of this JV Contract and any agreement related hereto, and of the Charter and the Investment Certificate, as if such transferee were a party hereto and thereto. Any such transfer mentioned above shall not be valid unless approved in writing by the Members’ Council of the Company and registered with the Licensing Authority, if so required by the Laws of Vietnam. If any capital gains should be realized in connection with such transfer, the Transferring Party shall pay the applicable tax in accordance with the Laws of Vietnam. No Party shall pledge or hypothecate any of its capital contributed in the Company, nor otherwise use such capital as collateral or for any other purpose unless otherwise approved in writing by the Members’ Council.
CAPITAL TRANSFER. 6.1 A payment out of a Capital Transfer Settlement Trust in a Fiscal Year to or for the benefit of Yale First Nation will be Yale First Nation own source revenue except to the extent that:
CAPITAL TRANSFER. 17.1.1 The Capital Transfer to Sechelt will not be taxable.
CAPITAL TRANSFER. The Final Agreement provides the Tla’amin Nation with a capi- tal transfer of approximately $33.9 million over 10 years. Tla’amin Nation will pay back to Canada, over the same period, the loans taken to negotiate the treaty. Tla’amin Nation also received an Economic Devel- opment Fund of approximately $7.9 million and a Fishing Ves- sel Fund of $285,585. PROGRAMS AND SERVICES The Tla’amin Government is delivering agreed upon programs and services under the terms of a Fiscal Financing Agreement. The agreement provides transfers from Canada and British Columbia to support the delivery of agreed upon programs and services by Tla’amin Nation to its mem- bers, as well as funding to sup- port activities to implement the treaty. It will be renegotiated every five years. The Fiscal Financing Agree- ment provides for one-time and ongoing funding: • One-time federal funding of $4.7 million; • Federal funding of approxi- mately $9 million per year for the first five years; and • Provincial funding of ap- proximately $446,000 per year for the first five years. For programs and services provided by Canada or British Columbia that are not included in the Fiscal Financing Agree- ment, Tla’amin Citizens will continue to be able to access those programs and services for which they are eligible. RESOURCE REVENUE SHARING Each year for 50 years, Tla’amin Nation will receive a resource revenue sharing payment of approximately $738,889. Canada and British Columbia will each pay half the costs of these payments. All resource revenue sharing payments will be indexed to inflation. TLA’AMIN CONTRIBUTION TO PROGRAMS, SERVICES Tla’amin Nation will contribute to the funding of agreed-upon programs and services from its own sources of revenue. The Own Source Revenue Agreement negotiated among Canada, British Columbia and Tla’amin Nation sets out how Tla’amin Nation’s contribu- tion will change in step with its increasing capacity to generate revenues. *All figures in 2016 $ If you would like more information about the Tla’amin Final Agreement, contact: Canada Indigenous and Northern Affairs Canada 000 - 0000 Xxxxxxxx Xxxxxx Xxxxxxxxx, XX X0X 0X0 1-800-567-9604 xxxxx-xxxxx.xx.xx xxxxxxxx@xxxxx-xxxxx.xx.xx Tla’amin Nation 0000 Xxxxxxxx Xxxx Xxxxxx Xxxxx, BC V8A 0B6 604-483-9646 xxxxxxxxxxxxxxxxxxx.xxx British Columbia Ministry of Aboriginal Relations and Reconciliation XX Xxx 0000 Xxx Xxxx Xxxx Xxxxxxxx, XX X0X 0X0 0-000-000-0000 xxx.xx.xx/xxx XXXXxxx@xxx.xx.xx
CAPITAL TRANSFER. 6.1.1 Canada and Ontario shall make a Capital Transfer of $300 million (three hundred million dollars) (December 2011$) to an Algonquin Institution in accordance with Schedule 6.1.1.
CAPITAL TRANSFER. 14.1 If any Party desires to transfer all or part of its capital contributed in the Company, such Party (“Transferring Party”) shall first offer such amount of its capital contributed in the Company by a written notice to the other Party (“Offeree Party”), specifying the price and other terms and condition of transfer. The Offeree Party shall have a right of first refusal to such offer, and shall have sixty (60) days upon the receipt of such notice (“Acceptance Period”) to respond in writing. If the Offeree Party accepts the offer, the Transferring Party and the Offeree Party shall apply for the registration of such transfer with the Licensing Authority.
CAPITAL TRANSFER. 16.1.1 The cash component of the Capital Transfer from Canada and British Columbia to Sechelt will be $40 million and will be paid in accordance with the provisions of this Chapter.
