Common use of FOREST RESOURCES Clause in Contracts

FOREST RESOURCES. Lheidli T’enneh will own all timber on Lheidli T’enneh Lands, with the exception of four parcels in the Shelley area. On these four parcels, British Columbia will reserve ownership of the coniferous timber for approximately 10 years. During this time the harvest of this timber will be managed in accordance with the ▇▇▇▇▇▇▇ Timber Agreement, agreed to between British Columbia and Lheidli T’enneh. The agreement provides that Lheidli T’enneh either harvest the coniferous timber or purchase it from British Columbia. At the end of the Shelley Timber Agreement, Lheidli T’enneh will own all forest resources on these four parcels. Lheidli T’enneh will receive replaceable forest tenures totalling approximately 107,000 cubic metres of timber. The tenures will be issued under provincial law and will not be part of the constitutionally- protected treaty.