Reserved Timber Sample Clauses

Reserved Timber. Reserved timber is that timber including trees, snags, and logs on the timber sale area, which is not sold to PURCHASER. The following is reserved timber and shall not be damaged, cut, or removed by PURCHASER, unless otherwise approved in writing by STATE. Failure to leave the required reserved timber shall be handled as described under Damages below. Down Material Down trees and logs. At least 3 and not more than 5 logs per acre, of which 50 percent or more must be conifer, and containing a minimum of 10 cubic feet of volume and no shorter than 16 feet in length, and having a diameter of at least 12 inches measured at the large end, to be selected by PURCHASER. Trees or logs shall be well distributed across the timber sale area. Existing down logs shall not be yarded. Trees and Snags Trees other than Xxxxxxx-fir and red alder, except those within rights-of-way, skid roads, cable corridors, waste areas, and landings. All snags unless determined to be a safety hazard. Felled snags shall not be yarded or removed. Felled snags shall not be yarded. Trees and snags within the Green Tree Retention Areas shown on Exhibit A. Bearing (witness) trees. Trees and snags marked "W" with red paint. As directed by STATE, PURCHASER shall leave acceptable substitute trees or snags for trees or snags which must be cut. Substitution of trees or snags without approval by STATE is prohibited. Boundary Trees Trees posted with "Timber Sale Boundary" signs are reserved from cutting. Damages PURCHASER shall be exclusively responsible for any damage to, or removal of, reserved timber. If damage to reserved timber occurs and is determined unavoidable by STATE, no charge will be made for damage. If PURCHASER's activities result in avoidable damage to reserved timber as determined by STATE, PURCHASER shall pay for such damage at the following rates:
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Reserved Timber. Reserved timber is that timber including trees, snags, and logs on the timber sale area, which is not sold to PURCHASER. The following is reserved timber and shall not be damaged, cut, or removed by PURCHASER, unless otherwise approved in writing by STATE. Failure to leave the required reserved timber shall be handled as described under Damages below.
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Reserved Timber. Plum Creek and its Affiliates, agents, contractors and assigns shall have the right to continue to conduct ongoing timber harvesting and post-harvest clean-up operations on the Timberlands until Closing on the timber stands and on the terms described on Exhibit J (“Reserved Timber”). Harvesting and post-harvest clean-up operations on the tracts containing Reserved Timber will be conducted consistent with the industry standards in the region and with Plum Creek’s standards on other similarly situated tracts harvested on behalf of Plum Creek. The Company acknowledges and agrees that Plum Creek, its Affiliates, agents and contractors, may enter and exit the Timberlands following Closing as reasonably necessary to complete all harvest and post-harvest clean-up operations on the tracts containing Reserved Timber and remove logs and other forest products that have been decked or stacked on the Timberlands for removal. Plum Creek will enter into a Temporary Timber Reservation and License Agreement in the form attached Exhibit J with Contribution LLC or Sale LLC, as applicable, as of the Contribution Date documenting the same.
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Reserved Timber. Reserved timber is that timber including trees, snags, and logs on the timber sale area, which is not sold to PURCHASER. The following is reserved timber and shall not be damaged, cut, or removed by PURCHASER, unless otherwise approved in writing by STATE. Failure to leave the required reserved timber shall be handled as described under Damages below. Down Material At least 2 and not more than 4 trees or logs per acre, of which 50 percent or more must be conifer, and containing a minimum of 10 cubic feet of volume and no shorter than 6 feet in length, and having a diameter of at least 12 inches measured at the large end, to be selected by PURCHASER. Trees or logs shall be well distributed across the timber sale area. Trees and Snags Trees other than scorched white fir and Shasta red fir less than 31 inches DBH, except those within rights-of-way, skid roads, cable corridors, waste areas, and landings. All cull snags unless determined to be a fire or safety hazard. Felled snags shall not be yarded or removed. Felled cull snags shall not be yarded. Bearing (witness) trees. Boundary Trees Trees posted with boundary signs are reserved from cutting. Damages PURCHASER shall be exclusively responsible for any damage to, or removal of, reserved timber. If damage to reserved timber occurs and is determined unavoidable by STATE, no charge will be made for damage. If PURCHASER's activities result in avoidable damage to reserved timber as determined by STATE, PURCHASER shall pay for such damage at the following rates:
Sample 1
Reserved Timber. Buyer shall have the unrestricted right to sever and remove the Reserved Timber without paying Seller therefor. Buyer's logging operations with respect to the Reserved Timber shall be performed pursuant to the provisions of Article V of this Agreement governing logging operations associated with the Timber.
Sample 1

Related to Reserved Timber

  • Reserved Shares The number of Shares, if any, to be reserved for sale by each Soliciting Dealer may be decided by the mutual agreement, from time to time, of the Dealer Manager and the Company. The Dealer Manager reserves the right to notify Soliciting Dealer by United States mail or by other means of the number of Shares reserved for sale by Soliciting Dealer, if any. Such Shares will be reserved for sale by Soliciting Dealer until the time specified in the Dealer Manager’s notification to Soliciting Dealer. Sales of any reserved Shares after the time specified in the notification to Soliciting Dealer or any requests for additional Shares will be subject to rejection in whole or in part.

  • Reserved Matters In these Conditions, “

  • Reserved Rights (a) The state, for itself and others, reserves all rights not expressly granted to the lessee by this lease. These reserved rights include, but are not limited to:

  • Reserved Shares; Valid Issuance The Company covenants that it will at all times from and after the date hereof reserve and keep available such number of its authorized shares of Common Stock, free from all preemptive or similar rights therein, as will be sufficient to permit the exercise of this Warrant in full. The Company further covenants that such shares as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issuance thereof.

  • RIGHTS RESERVED TO LANDLORD Landlord may exercise at any time any of the following rights respecting the operation of the Project without liability to the Tenant of any kind:

  • Board Size Each Stockholder shall vote, or cause to be voted, at a regular or special meeting of stockholders (or by written consent) all Voting Shares owned by such Stockholder (or as to which such Stockholder has voting power) to ensure that the size of the Board shall be set and remain at nine (9) directors; provided, however, that such Board size may be subsequently increased or decreased pursuant to an amendment of this Agreement in accordance with Section 5.7 hereof.

  • Authorized Capital; Options, etc The Company had, at the date or dates indicated in the Registration Statement, the Pricing Disclosure Package and the Prospectus, the duly authorized, issued and outstanding capitalization as set forth therein. Based on the assumptions stated in the Registration Statement, the Pricing Disclosure Package and the Prospectus, the Company will have on the Closing Date the adjusted stock capitalization set forth therein. Except as set forth in, or contemplated by, the Registration Statement, the Pricing Disclosure Package and the Prospectus, on the Effective Date, as of the Applicable Time and on the Closing Date and any Option Closing Date, there will be no stock options, warrants, or other rights to purchase or otherwise acquire any authorized, but unissued shares of Common Stock of the Company or any security convertible or exercisable into shares of Common Stock of the Company, or any contracts or commitments to issue or sell shares of Common Stock or any such options, warrants, rights or convertible securities.

  • Options, Warrants, Reserved Shares Except for (i) the warrant issued to Value Partners Greater China High Yield Income Fund in March 2019, (ii) any A Shares (and options and warrants therefor) reserved for issuance to the employees, directors, and consultants of the Group Companies pursuant to any equity incentive plan that may be adopted from time to time by the Company, (iii) as provided in the Restated Articles, and (iv) any A Shares to be issued to certain potential investors for this financing round on or around April 30, 2019, including the transactions contemplated herein, there are no options, warrants, conversion privileges, agreements, or rights of any kind with respect to the issuance or purchase of the Purchased Shares or any other securities of the Company. Apart from any exceptions noted in the Restated Articles, no outstanding shares (including the Purchased Shares), or shares issuable upon exercise or exchange of any outstanding options, warrants, or other shares issuable by the Company, are subject to any preemptive rights, rights of first refusal, or other rights of any kind to purchase such shares (whether in favor of the Company or any other person).

  • Stock and Stock Options Subject to vesting, as set forth on Exhibit B, the Company will issue to Director stock and options as set forth and described on Exhibit B. Company shall issue said stock and options within sixty (60) days from the execution of this Agreement by both parties.

  • Company to Reserve Common Stock The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock, for the purpose of effecting the conversion of Securities, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Securities.

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