Hardwood Pulpwood definition
Examples of Hardwood Pulpwood in a sentence
The Timberlands provided Pine Pulpwood, Hardwood Pulpwood, Chip-n-saw and Pine Sawlogs, all of which have been used in connection with the production of paperboard and lumber products at the ▇▇▇▇▇ Mill and the Cottonton Mill.
Plum Creek warrants and covenants that it will use its best commercially reasonable efforts to cause all Chips to meet the Chip Quality Specifications, and to cause all Pine Pulpwood and Hardwood Pulpwood to meet the Pulpwood Quality Specifications.
Plum Creek shall sell and Riverwood shall purchase each calendar year the quantity of Hardwood Pulpwood specified for such year in Annex A.
All Hardwood Pulpwood purchased pursuant to this Agreement shall satisfy the specifications for Hardwood Pulpwood set forth in the Pulpwood Quality Specifications.
Seller agrees to sell, and Buyer agrees to purchase, receive and pay for, in each calendar year (a “Calendar Year”), the Annual Volumes, as defined herein, of Pine Pulpwood and Hardwood Pulpwood.
The term "Stumpage Price" means, for Pine Pulpwood or Hardwood Pulpwood, the fair market price paid "at the ▇▇▇▇▇" for such Product in the Region.
The Division has been and is a significant source of wood fiber products for Riverwood, consisting of pine pulpwood ("Pine Pulpwood"), chips ("Chips") and hardwood pulpwood ("Hardwood Pulpwood," and together with Pine Pulpwood, "Pulpwood," and together with Pine Pulpwood and Chips, "Products"), all of which have been used in connection with the production of paper products by Riverwood at its West Monroe, Louisiana paper mill (the "West Monroe Facility").
Subject to the terms of Section 7 above, any payments made pursuant to this Section 8.3 shall be calculated separately for Pine Pulpwood and Hardwood Pulpwood.
Notwithstanding the foregoing, the fair market value of Pine Pulpwood or Hardwood Pulpwood shall be calculated by determining the Stumpage Price (as defined below) of such Product and adding to such amount the amount of Delivery Cost (as defined below).
Riverwood shall have an option to purchase in each calendar year any quantity of Hardwood Pulpwood produced by Plum Creek in excess of such quantity thereof so specified in Annex A.