Timber Federal Property Until Paid In Full Sample Clauses

Timber Federal Property Until Paid In Full a. If merchantable timber is destroyed or damaged by an unexpected event that significantly changes the nature of Included Timber, such as fire, wind, flood, insects, disease, or similar cause, the party holding title shall bear the timber value loss resulting from such destruction or damage; except that such losses after removal of timber from sale area, but before scaling, shall be borne by Contractor at rates and required deposits. Deterioration or loss of value of salvage timber is not an unexpected event.
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Related to Timber Federal Property Until Paid In Full

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