SECTION 1020. Sale of Timber. Under the terms and conditions of this Contract, STATE sells to PURCHASER, and PURCHASER buys from STATE, that Board of Forestry timber designated and described in Section 2210, "Designated Timber," which for all purposes of this Contract is hereinafter referred to as "timber." The location of Designated Timber is shown on Exhibit A. PURCHASER shall pay STATE the Total Purchase Price for timber set forth in Section 1710, "Purchase Price," or 1740, "Log Prices." The Total Purchase Price shall be paid to STATE in accordance with the payment schedule in Section 1720, 1751, 1752, or 1753, "Payment Schedule." This is a sale of "State Timber" as defined in OAR 629-031-0005 and timber harvested or sold under this Contract must not be exported from the United States. PURCHASER must comply with the provisions of the Forest Resources Conservation and Shortage Relief Amendments Act of 1993, which authorizes Oregon and other western states to prohibit the export of unprocessed timber from public lands, and with ORS 526.801 through 526.831 and OAR 629-031-0005 through 629-031-0045, in disposing of timber from this timber sale.
SECTION 1020. LIMITATION ON LINES OF BUSINESS..............................84
SECTION 1020. Limitation on Transactions with Affiliates........................................................66 Section 1021. Change in Nature of Business......................................................................66 Section 1022. Additional Collateral.............................................................................66 Section 1023. CRDA Investments..................................................................................67
SECTION 1020. Waiver of Certain Covenants......................................................... 63
SECTION 1020. Transactions with Affiliates and Related Persons....... 80 SECTION 1021. Limitation on Designations of Unrestricted Subsidiaries......................................... 80
SECTION 1020. Limitation on Investments in Unrestricted Subsidiaries................. 86 SECTION 1021. Limitation on Sale-Leaseback Transactions.............................. 87 SECTION 1022.
SECTION 1020. Statement by Officers as to Default; Compliance Certificates.................................. 76 SECTION 1021.
SECTION 1020. [Intentionally Omitted].........................................................................47 Section 1021. [Intentionally Omitted].........................................................................47 Section 1022. [Intentionally Omitted].........................................................................47 Section 1023. [Intentionally Omitted].........................................................................47
SECTION 1020. Payment for Consent ................................ 80 SECTION 1021. Limitation on Guarantees of Indebtedness by Restricted Subsidiaries .......................... 80 SECTION 1022. Line of Business ................................... 81
SECTION 1020. Sale of Timber. Under the terms and conditions of this Contract, STATE sells to PURCHASER, and PURCHASER buys from STATE, that Federal timber designated and described in Section 2210, "Designated Timber," which for all purposes of this Contract is hereinafter referred to as "timber." The location of Designated Timber is shown on Exhibit A. PURCHASER shall pay STATE the Total Purchase Price for timber set forth in Section 1710, "Purchase Price," or 1740, "Log Prices." The Total Purchase Price shall be paid to STATE in accordance with the payment schedule in Section 1720, 1751, or 1752, "Payment Schedule." This is a sale of Federal Timber and timber harvested or sold under this Contract must not be exported from the United States. PURCHASER must comply with the provisions of the Forest Resources Conservation and Shortage Relief Act of 1990, as amended (16 USC 620, et seq.), which authorizes the U.S. Forest Service, Oregon and other western states to prohibit the export of unprocessed timber from public lands and prohibit export in disposing of timber from this timber sale.
