Merchantable stand of timber definition

Merchantable stand of timber means a stand of trees that will yield logs and/or fiber:
Sample 1Sample 2Sample 3
Merchantable stand of timber means any stand on forestlands containing living or
Sample 1Sample 2Sample 3
Merchantable stand of timber means a stand of trees that will yield logs and/or fiber: Suitable in size and quality for the production of lumber, plywood, pulp or other forest products;
Sample 1Sample 2Sample 3

More Definitions of Merchantable stand of timber

Merchantable stand of timber means any stand on forestlands containing living or dead timber which is being or can be harvested.
Sample 1Sample 2Sample 3
Merchantable stand of timber means a stand of trees that will yield logs and/or fiber: Suitable in size and quality for the production of lumber, plywood, pulp or other forest products; Of sufficient value at least to cover all the costs of harvest and transportation to available markets.
Sample 1

Related to Merchantable stand of timber

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • 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.

  • Gaming Equipment means any and all gaming devices, gaming device parts inventory and other related gaming equipment and supplies used in connection with the operation of a casino, including (without limitation), slot machines, gaming tables, cards, dice, chips, tokens, player tracking systems, cashless wagering systems, electronic betting systems, mobile gaming systems and associated equipment which are located at the Casino Components, owned or leased by Operating Company or Mortgage Borrower and used or useable exclusively in the present or future operation of slot machines and live games at the Casino Component, together with all improvements and/or additions thereto.

  • Leased Equipment means the machinery, equipment, furniture, tools and test sets, associated spare parts and supplies, if any, and all other tangible personal property leased by the Designated Seller or the Sellers and used primarily in the Operations, which is listed, and is located at the locations referenced on Schedule 1.1(125), but excludes equipment used in Shared Labs and Leased PC Equipment.

  • Farm equipment means equipment used directly for farming

  • The Equipment means any equipment, computer hardware or software, materials, goods and vehicles and associated services necessarily required for the implementation of the Services, which the Supplier cannot reasonably be expected to provide, which are financed or provided by DFID for use by the Supplier.

  • Watertight means capable of preventing the passage of water through the structure in any direction under a head of water for which the surrounding structure is designed.

  • Habitable room means any room in a dwelling unit used for or capable of being used for living, cooking, sleeping or eating purposes.

  • Containers means any ISO standard container(s) with a maximum height of 9’6” including any reefer and/or other special containers, provided they meet ISO standards.

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Metering Equipment means the potential transformers, current transformers, meters, interconnecting wiring and recorders used to meter any Metered Quantity.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

  • Serviceable when used to describe an Engine or Part, means in an airworthy condition within the limits defined in the applicable Engine manuals, specification and/or publications by the type certificate holder.

  • Consumable means any component of a good that is used up recurrently and needs to be replaced for the good to function as intended;

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Contaminated means the actual existence on or under any real property of Hazardous Substances, if the existence of such Hazardous Substances triggers a requirement to perform any investigatory, remedial, removal or other response action under any Environmental Laws or if such response action legally could be required by any governmental authority; "Facility" means any property currently owned, leased or occupied by the Company.