Common use of Title Passage Clause in Contracts

Title Passage. All right, title, and interest in and to any Included Timber shall remain in Forest Ser- vice until it has been cut, Scaled, removed from Sale Area or other authorized cutting area, and paid for, at which time title shall vest in Purchaser. For purposes of this Subsection, timber cut under cash deposit or pay- ment guarantee under B4.3 shall be considered to have been paid for. Title to any Included Timber that has been cut, Scaled, and paid for, but not removed from Sale Area or other authorized cutting area by Purchaser on or prior to Termination Date, shall remain in Forest Service.

Appears in 100 contracts

Sources: Timber Sale Contract, Timber Sale Contract, Timber Sale Contract

Title Passage. All right, title, and interest in and to any Included Timber shall remain in Forest Ser- vice until it has been cut, ScaledMeasured, removed from Sale Area or other authorized cutting area, and paid for, at which time title shall vest in Purchaser. For purposes of this Subsection, timber cut under in Payment Units Released for Cutting covered by cash deposit or pay- ment payment guarantee under B4.3 BT4.3 shall be considered to have been paid for. Title to any Included Timber that has been cut, Scaled, Measured and paid for, but not removed from Sale Area or other authorized cutting area by Purchaser on or prior to Termination Date, shall remain in Forest Service.

Appears in 70 contracts

Sources: Timber Sale Contract, Timber Sale Contract, Timber Sale Contract

Title Passage. All right, title, and interest in and to any Included Timber shall remain in Forest Ser- vice until it has been cut, ScaledMeasured, removed from Sale Contract Area or other authorized cutting area, and paid for, at which time title shall vest in PurchaserContractor. For purposes of this Subsection, timber cut under in Payment Units Released for Cut- ting covered by cash deposit or pay- ment payment guarantee under B4.3 BT4.3 shall be considered to have been paid for. Title to any Included Timber that has been cut, Scaled, Measured and paid for, but not removed from Sale Contract Area or other authorized cutting area by Purchaser Contractor on or prior to Termination Date, shall remain in Forest Service.

Appears in 7 contracts

Sources: Integrated Resource Contract, Integrated Resource Contract, Integrated Resource Timber Contract

Title Passage. All right, title, and interest in and to any Included Timber shall remain in Forest Ser- Ser­ vice until it has been cut, ScaledMeasured, removed from Sale Area or other authorized cutting area, and paid for, at which time title shall vest in Purchaser. For purposes of this Subsection, timber cut under in Payment Units Released for Cutting covered by cash deposit or pay- ment payment guarantee under B4.3 BT4.3 shall be considered to have been paid for. Title to any Included Timber that has been cut, Scaled, Measured and paid for, but not removed from Sale Area or other authorized cutting area by Purchaser on or prior to Termination Date, shall remain in Forest Service.

Appears in 1 contract

Sources: Timber Sale Contract