SALE OF MERCHANTABLE TIMBER. STATE sells to PURCHASER, and PURCHASER purchases from STATE, all of the Timber, whether standing or down, within the Timber Sale Area as depicted on Exhibit A and described in Exhibit B, at the price and upon the terms set forth herein, whether harvested or not, subject to the provisions under Section 11C (Risk of Loss).
SALE OF MERCHANTABLE TIMBER. Seller contracts and agrees to sell to Buyer, and Buyer contracts and agrees to buy from Seller, merchantable pulpwood, logs, timber and other forest products (“Timber”) as more specifically set forth on Exhibit A, which Timber shall be harvested from the timberlands described on Exhibit B attached hereto and incorporated herein by reference (the “Timberlands”).
