{"id":12396,"date":"2025-08-12T12:28:49","date_gmt":"2025-08-12T19:28:49","guid":{"rendered":"https:\/\/www.fnfa.ca\/?post_type=fnfa_faq&p=12396"},"modified":"2025-10-24T11:11:24","modified_gmt":"2025-10-24T18:11:24","slug":"what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv","status":"publish","type":"fnfa_faq","link":"https:\/\/fnfa.ca\/en\/fnfa-faq\/what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv\/","title":{"rendered":"What happens if one of the participating First Nations wants to leave the SPV?"},"template":"","class_list":["post-12396","fnfa_faq","type-fnfa_faq","status-publish","hentry"],"acf":{"answer":"

The governance of the SPV will determine the terms and conditions of participation, including the wishes of any participant to leave the SPV. They would require the consent of all SPV members and need to determine who would take on their portion of the debt\/equity. However, an SPV that is a borrowing member of FNFA with an unpaid loan could not change its ownership without the prior written consent of the Authority, to ensure it remains a \u201cqualified SPV\u201d and wholly owned by Indigenous groups.<\/p>\n"},"yoast_head":"\nWhat happens if one of the participating First Nations wants to leave the SPV? - FNFA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fnfa.ca\/en\/fnfa-faq\/what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What happens if one of the participating First Nations wants to leave the SPV? - FNFA\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fnfa.ca\/en\/fnfa-faq\/what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv\/\" \/>\n<meta property=\"og:site_name\" content=\"FNFA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theFNFA\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-24T18:11:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fnfa.ca\/wp-content\/uploads\/2026\/02\/fnfa-logo.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/fnfa-faq\\\/what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv\\\/\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/fnfa-faq\\\/what-happens-if-one-of-the-participating-first-nations-wants-to-leave-the-spv\\\/\",\"name\":\"What happens if one of the participating First Nations wants to leave the SPV? 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