Sale of Timber Sample Clauses

Sale of Timber. Under the terms and conditions of this contract, STATE sells to PURCHASER, and PURCHASER buys from STATE, that Board of Forestry timber designated and described in the section titled, “Designated Timber,” which for all purposes of this contract is hereinafter referred to as "timber." The location of designated timber is shown on Exhibit A. PURCHASER shall pay STATE the "purchase price for timber" set forth in Section 44. The purchase price shall be paid to STATE in accordance with the payment schedule in Section 42. This is a sale of "State timber" as defined in OAR 629-031-0005 and may not be exported. The Forest Resources Conservation Amendments Act of 1993 authorizes Oregon and other western states to prohibit the export of unprocessed timber from public lands. PURCHASER must comply with the provisions of the federal act, ORS 526.801 through 526.831, and OAR 629-031-0005 through 629-031-0045 in disposing of State timber from this timber sale.
Sample 1Sample 2Sample 3See All (165)
AutoNDA by SimpleDocs
Sale of Timber. Seller hereby agrees to sell and Buyer agrees to buy any dead or live standing trees individually designated by Seller's representative within the timber sale boundaries as marked on the ground by roads, ownership boundaries, or flagged lines. The approximate location of the sale boundaries and salvage tree locations are shown on the attached maps marked Exhibits “A” and “A1” and “A2” (the “Sale Area”). These maps are hereby made a part of this timber sale contract (the “Contract”). Seller and Buyer agree that the designation of trees to be cut will be governed by the following criteria:
Sample 1
Sale of Timber. Xxxxxxxx agrees to sell and Xxxxxxxxx agrees to purchase the estimated volumes and species of timber at the following prices: Species Price/Unit Estimated Net Volume Total Estimated Value Grand Fir $ /mbf 895 mbf $ Western Hemlock $ 240/mbf 0 mbf $ Xxxxxxx-Fir $ /mbf 897 mbf $ Larch $ /mbf 38 mbf $ Cedar $ /mbf 576 mbf $ Ponderosa Pine $ /mbf 627 mbf $ White Pine $ 315/mbf 0 mbf $ Lodgepole Pine $ 215/mbf 4 mbf $ Xxxxxxxxx Spruce $ 215/mbf 0 mbf $ Subalpine Fir $ 215/mbf 0 mbf $ Total Net Saw 3,037 mbf $ Cedar Products (req.) $ 95/mbf 138 mbf $ Pulp (req.) $ 10/ton 609 tons $ Tonwood (opt) $ 10/ton 40 tons $ Total Estimated Gross Sale Value $ Development Costs $ 0 Total Estimated Net Sale Value $
Sample 1
Sale of Timber. Potlatch agrees to sell and Xxxxxxxxx agrees to purchase the estimated volumes and species of timber at the following prices: Species Price/Unit Estimated Net Volume Total Estimated Value Grand Fir $ /mbf mbf $ Western Hemlock $ /mbf mbf $ Xxxxxxx-Fir $ /mbf mbf $ Larch $ /mbf mbf $ Cedar $ /mbf mbf $ Ponderosa Pine $ /mbf mbf $ White Pine $ /mbf mbf $ Lodgepole Pine $ /mbf mbf $ Xxxxxxxxx Spruce $ /mbf mbf $ Subalpine Fir $ /mbf mbf $ Total Net Saw mbf $ Cedar Products $ /mbf mbf $ Pulp (opt./req.) $ /ton tons $ Tonwood (opt./req.) $ /ton tons $ Total Estimated Gross Sale Value $ Development Costs $ Total Estimated Net Sale Value $
Sample 1
Sale of Timber. Section 1010. Definitions of Terms. Anchor Xxxxx - a xxxxx used to tie off or wrap a cable or line to firmly secure it. Archaeological or Historical Resource - those sites, buildings, structures, and artifacts, which possess material evidence of human life and culture of prehistoric and historic past. Areas of Operations - the locations where PURCHASER performs the Operations described in the Contract. Each Area of Operation usually has specific operating requirements. At Price Above – material will be charged at the highest rate for that species. Authorized Representative - a representative of the PURCHASER authorized to receive any notice or instructions from STATE on behalf of PURCHASER and to take any action required in regard to performance of PURCHASER under this Contract. Basal Area - a measure of the cross-sectional area of a Tree Bole, in square feet, measured 4½ feet above the ground on the uphill side of the tree. Bidder – is a person, business, corporation, or other entity recognized by the STATE that submits a bid to enter into a contract with the STATE to purchase forest products, and that certifies that the timber will be harvested. Bunk – a bed for logs with a pair of stakes at each end. Contract - the entire written agreement between the parties, including but not limited to the Notice of Timber Sale, Invitation to Bid or Request for Proposal, Instructions to Bidders, specifications, terms, and conditions, Exhibits, Operations Plan, change notices, if any, and the accepted bid. Cultural Resource - an Archaeological or Historical Resource. They may include objects, structures, or sites used by people in the past. DBH (Diameter at Breast Height) - the diameter of a standing tree inclusive of the bark measured 4½ feet above the ground on the uphill side of the tree. Down Timber - timber that is down as of the date of this Contract, as determined by STATE. Down Wood - trees and logs on the ground. Fire Season - when the State Forester has declared that conditions of fire hazard exist in a forest protection district or any part thereof. The State Forester designates for each district or any part thereof the date of the beginning of a Fire Season for that year. The Fire Season continues for each district or part thereof until ended by order of the State Forester when conditions of fire hazard no longer exist in that district or part thereof. Green Tree Retention - the practice of leaving live, growing trees on a site during timber harvest as a f...
Sample 1
Sale of Timber. If any timber is required to be cleared from the Lands in order that Coalhunter may conduct exploration, development and mining operations on the Lands, Coalhunter shall have right to clear and sell such timber on reasonable commercial terms for the account of the Peace River Partnership.
Sample 1
Sale of Timber 
Sample 1Sample 2Sample 3See All (21)
AutoNDA by SimpleDocs

Related to Sale of Timber

  • Purchase and Sale of the Property Subject to the terms of this Agreement, Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, the Property for the Purchase Price.

  • Merger Sale Conveyance and Lease Section 10.01. Issuer May Consolidate on Certain Terms 44 Section 10.02. Issuer Successor to Be Substituted 44 Section 10.03. Guarantor May Consolidate on Certain Terms 44 Section 10.04. Guarantor Successor to Be Substituted 45 Section 10.05. Assumption by Guarantor 45

  • Sale of Equipment During the period from the date of such notice given pursuant to Section 10.1 to the Termination Date, Lessee, as non-exclusive agent for Lessor and, except as provided in Section 10.3, at Lessee's sole cost and expense, shall use reasonable best efforts to obtain bids from Persons other than Lessee, the Manager or any of their respective Affiliates for the cash purchase of the Terminated Units, and Lessee shall promptly, and in any event at least five Business Days prior to the proposed date of sale, certify to Lessor in writing the amount and terms of each such bid, the proposed date of such sale and the name and address of the party submitting such bid. Unless Lessor shall have elected to retain the Terminated Units in accordance with Section 10.3, on the Termination Date: (i) Lessee shall deliver the Terminated Units (excluding any optional Severable Modifications removed by Lessee pursuant to Section 9.2) to the bidder (which shall not be Lessee or Manager or an Affiliate of Lessee or Manager (for the avoidance of doubt the bidder may be a Customer, or a customer of the Manager, and neither the Manager nor any Affiliate shall be prohibited from managing the Units for such bidder after the purchase by such bidder)) that shall have submitted the highest cash bid prior to such date (or to such other bidder as Lessee and Lessor shall agree) and (ii) subject to the prior or concurrent receipt (x) by Lessor of all amounts owing to Lessor pursuant to the next sentence and (y) by the Persons entitled thereto of all unpaid Supplemental Rent due on or before the Termination Date, Lessor shall, without recourse or warranty (except as to the absence of any Lessor's Lien) simultaneously therewith transfer all of its right, title and interest in and to the Terminated Units to such bidder. The net proceeds of sale realized at such sale shall be paid to Lessor and, in addition, on the Termination Date, Lessee shall pay to Lessor (A) all Basic Rent with respect to such Terminated Units due and payable prior to the Termination Date (exclusive of any Basic Rent with respect to the Terminated Units due on such date), (B) the excess, if any, of (1) the Termination Amount for the Terminated Units computed as of the Termination Date over (2) the net cash sales proceeds (after the deduction of all applicable sales, transfer or similar taxes) of the Terminated Units, (C) an amount equal to any unpaid Late Payment Interest in respect of any Rent in respect of the Terminated Units not paid when due (including, for the avoidance of doubt, Rent corresponding to the principal amount of the Equipment Notes to be prepaid in accordance with Section 2.10(a) of the Indenture) and (D) all other Rent in respect of the Terminated Units (exclusive of any Basic Rent on the Terminated Units due on such date) then due and payable hereunder (which shall include, without limitation, a portion of the Policy Provider Amounts and Policy Provider Reimbursement Costs, if any, equal to the product obtained by multiplying the unpaid Policy Provider Amounts and Policy Provider Reimbursement Costs by a fraction, the numerator of which shall be the Equipment Cost of the Terminated Units and the denominator of which shall be the aggregate Equipment Costs of all Units then subject to this Lease and Late Payment Interest related thereto), so that, after receipt and application of all such payments, but without withdrawal from any CAA Accounts other than the applicable Non-Shared Payments Account, (i) Lessor shall be entitled under the terms of the Collateral Agency Agreement to receive, and does receive, taking into account all payments of Basic Rent, in respect of all such Units, the sum of the portion of the Accumulated Equity Deficiency Amount allocable to the Terminated Units and Late Payment Interest related thereto and any other amounts then due to Lessor and (ii) the Policy Provider has received the portion of Policy Provider Amounts and Policy Provider Reimbursement Costs calculated above. If no sale shall have occurred, whether as a result of Lessee's failure to pay all of the amounts hereinabove required or otherwise, this Lease shall continue in full force and effect with respect to such Units and Lessee agrees to reimburse Lessor, Policy Provider and the Indenture Trustee for all reasonable costs and expenses (including reasonable legal fees and expenses) incurred by any thereof in connection therewith. Lessee, in acting as agent for Lessor, shall have no liability to Lessor for failure to obtain the best price, shall act in its sole discretion and shall be under no duty to solicit bids publicly or in any particular market. Owner Participant shall have the right, but not the obligation, to obtain bids either directly or through agents other than Lessee.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!