Surrender of Native Title Rights and Interests Sample Clauses

The 'Surrender of Native Title Rights and Interests' clause serves to formally extinguish or relinquish any native title rights and interests held by Indigenous groups over a specified area of land or waters. In practice, this clause typically outlines the process by which native title holders agree to give up their legal rights, often as part of a negotiated agreement, such as a land use or compensation deal. Its core function is to provide legal certainty for future land use or development by ensuring that native title claims cannot be asserted over the area in question, thereby resolving potential conflicts between native title holders and other parties.
Surrender of Native Title Rights and Interests. (a) The Parties agree to and consent to the Surrender. (b) The Surrender will take effect: (i) on the date that is 30 Business Days after the earlier of: A. the Deemed Settlement Effective Date; and B. the Settlement Effective Date; or (ii) immediately before the State and SWALSC file with the Federal Court executed Consent Orders, together with supporting affidavits and supporting joint submissions, in accordance with clause 6.3(c)(v) of this Agreement, whichever is the earlier.
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Related to Surrender of Native Title Rights and Interests

  • Certificates and Transfer of Interests Section 4.01. Initial Ownership 12 Section 4.02. The Certificates 12 Section 4.03. Execution, Authentication and Delivery of Certificates 12 Section 4.04. Registration of Transfer and Exchange of Certificates 12 Section 4.05. Mutilated, Destroyed, Lost or Stolen Certificates 13 Section 4.06. Persons Deemed Owners 14 Section 4.07. Access to List of Certificateholders’ Names and Addresses 14 Section 4.08. Maintenance of Office or Agency 14 Section 4.09. Restrictions on Transfers of Certificates 14

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  • Trust Certificates and Transfer of Interests Section 3.01 [Reserved].

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests. (a) No Limited Partner may offer, sell, assign, hypothecate, pledge or otherwise transfer all or any portion of his Limited Partnership Interest, or any of such Limited Partner’s economic rights as a Limited Partner, whether voluntarily or by operation of law or at judicial sale or otherwise (collectively, a “Transfer”) without the consent of the General Partner, which consent may be granted or withheld in its sole and absolute discretion. Any such purported Transfer undertaken without such consent shall be considered to be null and void ab initio and shall not be given effect. (b) No Limited Partner may withdraw from the Partnership other than as a result of a permitted Transfer of all of its Partnership Interest pursuant to this Article 9. Upon the permitted Transfer or redemption of all of a Limited Partner’s Partnership Interest, such Limited Partner shall cease to be a Limited Partner.