Payment to Address Outstanding Obligations. Notwithstanding any other provision in this Indenture, where the Community Council directs the Trustees by Council Resolution to make payments from the Trust Funds for the purpose of addressing commitments incurred by the Community Council before the Memorandum of Understanding of February 14, 2000 associated with claims against Manitoba and Hydro, as certified by the Community Council, the Trustees shall make the payments in accordance with any terms and conditions included in the direction, to a maximum of fifty thousand ($50,000) dollars in total, to be allocated from the Community Development Account.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement