Final Harvest Plan Sample Clauses

Final Harvest Plan. (a) When a Proposed Harvest Plan has been approved (including approval of any proposed modifications pursuant to Section 5.3(c) and resolution of any disputes pursuant to Section 5.3(b)) ("Harvest Plan"), Potlatch and Partnership shall cause their respective Authorized Officers to sign the cover pages of two (2) counterparts of the Harvest Plan, and each party shall take possession of one such counterpart. Notwithstanding the preceding sentence, failure of either party to so evidence its approval shall not affect the validity or effect of the Harvest Plan. Each Harvest Plan upon completion and approval in accordance with this Article 5 shall become a part of this Agreement as if attached hereto. Either party may propose amendments to a Harvest Plan during the applicable Harvest Year, subject to the approval of the other party, which approval shall not be unreasonably withheld or delayed. (b) In the event any dispute described in Section 5.3(b) remains pending (or in the event a Harvest Plan has not been finalized for any other reason) as of the beginning of the applicable Harvest Year, harvest operations shall be carried out in a manner consistent with the undisputed portions of the Proposed Harvest Plan until the Harvest Plan is finalized. (c) If Partnership fails to deliver any Proposed Harvest Plan in accordance with Section 5.1(a), Potlatch shall have the right, during the first calendar year to which such Proposed Harvest Plan would apply, to harvest Timber designated to be harvested during such calendar year pursuant to the previous two-year Harvest Plan (under which such calendar year was the second year of the two-year Harvest Plan).
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