Price of Chiplogs and Sawmill Residues Sample Clauses

Price of Chiplogs and Sawmill Residues. (1) As to all chiplogs made available to and accepted by the Company for the purpose of the manufacture of and particle board the Company shall pay to the State in respect thereof: — (a) the several rates of stumpages set out in the Schedule hereto; (b) the costs and expenses of felling, extraction and cartage of chiplogs to the loading points at the rates or prices set out in the tenders respectively accepted therefor; but if such tender includes logs other than chiplogs then as otherwise agreed or failing agreement as determined by arbitration; (c) 5 percentum of the costs and expenses referred to in paragraph (b) of this clause as representing the costs: (i) directly incurred in controlling and supervising the work of contractors engaged in the felling, extraction and cartage of chiplogs to the loading points, plus (ii) 15 percentum of the costs referred to in sub‑paragraph (i) of this paragraph to cover overheads and other indirect costs associated with such work. Should circumstances arise which render the provisions of this paragraph unfair or inequitable either party may from time to time request the other party to amend the said percentage of 5 percentum so as to reflect a fair and equitable reimbursement of the costs referred to in sub‑paragraphs (i) and (ii) of this paragraph. If the parties fail to agree as to the amount of adjustment the question shall be referred to arbitration. No such request shall be made prior to the 1st January, 1982 and no request shall be made at intervals of less than 3 years. (2) The Company shall pay to the State a fair and reasonable price for all sawmill residues made available to and accepted by the Company bearing in mind the prices prevailing at the time for similar raw materials elsewhere in Australia. (3) Any damage to roads or tracks within the pine plantations resulting from the cartage of chiplogs and sawmill residues by the Company or its contractors shall be repaired by the Company at its own expense to the satisfaction of the Conservator.
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