Common use of Payment Schedule Clause in Contracts

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 13; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 137; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 25 and 63 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 135; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 25 and 63 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price Total Purchase Price for timber sold under this contract Contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification notice of high bid intent to award or before operatingbeginning Operations, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 10. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices Purchase Prices given in Section 44 1740, "Log Prices," less the amount value of the project work plus the total price of hardwoodsProject Work. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half of an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 138; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices Purchase Prices given in Section 44 1740, "Log Prices," less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38the Project Work. In addition, and 63 notwithstanding the above schedule, a minimum of 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods estimated bid value shall be paid on or before August 31, 20068/8/2022. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is must be paid before logging resumesOperations resume. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price Total Purchase Price shall be calculated after all log scale is reported by multiplying prices in Section 44 1740, "Log Prices," by the scaled volume plus the total price of hardwoodsvolume. STATE shall refund any advance payment in excess of the total priceTotal Purchase Price, or PURCHASER shall pay any deficit within 30 thirty (30) days of notice. PURCHASER's deposit account Deposit Account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 1315; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing work plus the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 132; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 135; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work44. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 1311; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 25 and 63 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 135; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log haulinghauling from Areas 1, 4, or 5, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 30 and 63 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31April 30, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 134; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work44. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 45. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 1315, 3830, 45, and 63 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August May 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 13; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing work plus the total purchase price of hardwoods. The total price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38In addition, and 63 not withstanding the above schedule, a minimum of 40 percent of the purchase price of hardwoods. The full purchase price for hardwoods estimated bid value shall be paid on or before August 31March 1, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 132; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work44. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment with by 1311; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing work plus the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 13; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38In addition, and 63 not withstanding the above schedule, a minimum of 40 percent of the purchase price of hardwoods. The full purchase price for hardwoods estimated bid value shall be paid on or before August 31September 1, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue minus the total price of hardwoods, divided by 10, plus the total price of hardwoods. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 139; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing work plus the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 139; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 44, less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 30 and 63 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31December 15, 20062005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 1311; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38In addition, and 63 not withstanding the above schedule, a minimum of 40 percent of the purchase price of hardwoods. The full purchase price for hardwoods estimated bid value shall be paid on or before August 31January 2, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuebid. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 137; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less plus the amount total price of the project workhardwoods. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 25 and 63 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 137; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 43. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, 30 and 63 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31April 30, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 135; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work44. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 1325, 3850, and 63 75 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification notice of high bid intent to award or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 13; with and less the total estimated conifer bid value being the sum obtained price of hardwoods by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work7. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 136; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work44. Installments for hardwoods shall be calculated by dividing the The total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20062003. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue minus the total price of hardwoods, divided by 12, plus the total price of hardwoods. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 1311; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing plus the total purchase price of hardwoods. The total price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38In addition, and 63 not withstanding the above schedule, a minimum of 40 percent of the purchase price of hardwoods. The full purchase price for hardwoods estimated bid value shall be paid on or before August 311, 20062003. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 13; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 42. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments The second installment shall be paid when the value of hardwood timber removed equals 13, 38, and 63 35 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 139; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work. Installments for hardwoods shall be calculated by dividing plus the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.