Examples of Qualifying timber in a sentence
Subject to the terms and conditions of this Agreement, Seller agrees to sell and Buyer agrees to purchase for each Harvesting Year during the Term of this Agreement all Qualifying Timber harvested from the Actual Designated Tracts (as hereinafter defined).
Promptly after harvest all Qualifying Timber shall be weighed at the Mill or at one of Buyer’s remote woodyards.
Promptly after harvest all Qualifying Timber shall be weighed (or, with respect to sawtimber, ) at the Mill, Piketon Merchandising Yard, or other outside location as determined by Buyer.
Owner and Buyer may also by mutual agreement contract for the purchase and sale of timber other than Qualifying Timber on terms that are identical to or different from those applicable to Qualifying Timber sales under this Agreement.
Buyer shall harvest (i.e., cut and remove) within 12 months (or such other period provided under a Cutting Contract) in accordance with each Cutting Contract, all Qualifying Timber designated for cutting by Owner in said Cutting Contract, subject to a Force Majeure event.