Company Timber definition

Company Timber means (i) all trees and timber, including, without limitation, standing timber and crops, now located on or hereafter planted or growing in the soil of any Company Timber Property (other than the Pacific Lumber Timber Rights Property), or any part or parcel thereof, and all additions, substitutions and replacements thereof (including timber to be cut pursuant to a Purchase Agreement) and (ii) any and all Harvested Timber.
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Company Timber means (i) all trees and timber, including, without limitation, standing timber and crops, now located on or hereafter planted or growing in the soil of any Company Owned Timberlands, or any part or parcel thereof, and all additions, substitutions and replacements thereof and (ii) any and all Harvested Timber.
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Company Timber shall have the meaning for such term set forth in the Indenture.
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Examples of Company Timber in a sentence

  • The trenches are lined with 80-mil HDPE geomembrane, geotextile, and contain high transmissivity granular material.

  • The PFA was established to provide for the financing of public improvements, obligations, working capital and liability or other insurance programs of the county and the RDA.

  • The Issuer shall not create, incur, assume, suffer or permit to exist any Lien on the Company Owned Timberlands or Company Timber Rights or any portion thereof or any interest therein other than (x) the Lien of the Deed of Trust or (y) other Permitted Encumbrances.

  • Seller grants Purchaser such access over Seller's timberlands as Purchaser may reasonably require in order to harvest the Specified Company Timber and otherwise exercise its rights hereunder.

  • The parties agree that Pacific Lumber will continue to be the licensed timber operator with respect to each Timber Harvesting Plan relevant to the Specified Company Timber, and agree that Pacific Lumber will (either directly, or though its subcontractors to the extent permitted by applicable law) perform all of the functions of a licensed timber operator with respect to the Specified Company Timber.

  • Therefore, the final list of contracts retained for the audit of FMCs was as follows: Company Timber Sale Contracts A Timber Sale Contract is a short-term Forest Resources License issued by the Government under Section 5.4 of the National Forestry Reform Law that allows a Person to harvest Timber from a specified tract of Forest Land.

  • The Mendocino Redwood Company Timber Management Plan (the “TMP”) describes how MRC will achieve the maximum sustained production of high quality timber projects within the Plan Area, taking into account biologic and economic factors.

  • All harvesting of the Specified Company Timber hereunder shall be conducted pursuant to a valid Timber Harvesting Plan.

  • The Purchaser, at its own expense, agrees to cut and remove the Specified Company Timber in a manner consistent in all material respects with prudent business practices which, in the reasonable judgment of the Purchaser (i) are consistent with then current applicable industry standards and (ii) are in compliance in all material respects with Section 3.2 hereof and all applicable Timber Laws, Environmental Laws and General Laws.

  • The Issuer shall provide each Rating Agency with a notice, on or about June 30 and December 31 of each year, of all Transactions with any Affiliate of the Issuer (other than sales of Company Timber or Transactions excepted by the first proviso in the preceding paragraph) entered into during the preceding six-month period which do not require Rating Agency Confirmation under clause (a) of the preceding paragraph.

Related to Company Timber

  • Timber means forest trees, standing or down, of a commercial species, including Christmas trees. However, "timber" does not include Christmas trees that are cultivated by agricultural methods, as that term is defined in RCW 84.33.035.

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • Timber owner means any person having all or any part of the legal interest in timber. Where such timber is subject to a contract of sale, "timber owner" shall mean the contract purchaser.

  • Diameter at breast height (dbh) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • Tree means any object of natural growth.

  • Harvest lot means a specifically identified quantity of marijuana that is, cultivated utilizing the same growing practices and harvested within a 72 hour period at the same location and cured under uniform conditions.

  • Copper Loop A stand-alone Local Loop comprised entirely of copper wire or copper cable. Copper Loops include two-wire and four-wire analog voice-grade Copper Loops, digital Copper Loops (e.g., DS0s and Integrated Services Digital Network lines), as well as two-wire and four-wire Copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the Copper Loops are in service or held as spares. A Copper Loop includes attached electronics using Time Division Multiplexing (TDM) technology, but does not include packet, cell or frame switching capabilities.

  • Fresh water means water, such as tap water, that has not been previously used in a process operation or, if the water has been recycled from a process operation, it has been treated and meets the effluent guidelines for chromium wastewater.

  • Shellfish means those species of marine and freshwater

  • Harvest means the act of removing a marine species with the intention of not returning it to the water.

  • Asphalt means a dark brown to black cement-like material (solid, semisolid, or liquid in consistency) in which the predominating constituents are bitumens which occur in nature as such or which are obtained as residue in refining petroleum.

  • Hardwood means any tree or tall shrub with broad leaves. Examples include alder, elderberry, big leaf maple, vine maple, madrone, cottonwood, cherry, and willow.

  • Crop Tree means the largest undamaged conifer trees with good form and free of disease.

  • Timberlands means all the timberlands from time to time owned by the Loan Parties.

  • Drum means any cylindrical metal shipping container of 13 to 110 gallon capacity.

  • Metallic coating means a coating which contains more than five grams of metal particles per liter of coating, as applied. Metal particles are pieces of a pure elemental metal or a combination of elemental metals.

  • Mercury means elemental mercury (Hg(0), CAS No. 7439-97-6);

  • Edge of any water means the outer edge of the water's bankfull width or, where applicable, the outer edge of the associated channel migration zone.

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Greywater means all liquid wastes from showers, baths, sinks, kitchens and domestic washing facilities, but does not include toilet wastes;

  • Park model recreational vehicle means a unit that:

  • Gray water means sewage from bathtubs, showers, bathroom sinks, washing machines, dishwashers, and kitchen sinks. It includes sewage from any source in a residence or structure that has not come into contact with toilet wastes.

  • Freshwater means all waters not defined as saltwater

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • LPG means liquefied petroleum gas.

  • Gold means (i) Physical Gold held by the Custodian or any Sub-Custodian under this Agreement and/or (ii) any credit to an account, including a Fund Unallocated Account, on an Unallocated Basis, as the context requires.