Common use of RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION OF CONTRACT Clause in Contracts

RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION OF CONTRACT. A. Rights in Timber Sale Area. Upon the termination or expiration of this Contract, any claim or right PURCHASER may have in and to the Timber Sale Area, to any Merchantable Timber or logs remaining in the Timber Sale Area or to the Roads and Related Facilities and the Timber Sale Areas shall terminate.

RIGHTS AND OBLIGATIONS UPON EXPIRATION OR TERMINATION OF CONTRACT. A. Rights in Timber Sale Area. Upon the termination or expiration of this Contractcontract, any claim or right PURCHASER may have in and to the Timber Sale Area, to any Merchantable Timber merchantable timber or logs remaining in the Timber Sale Area or to the Roads roads and Related Facilities related facilities and the Timber Sale Areas shall terminate.