Timber LLC definition

Timber LLC means Boise Land & Timber, L.L.C., a Delaware limited liability company and wholly owned subsidiary of Timber Co., which as of the date hereof is treated as a disregarded entity and as a division of Timber Co. for federal income tax purposes. Timber LLC is a Permitted Affiliate Purchaser with respect to the Timberlands. At Holdings' option, and consistent with the LC Commitment Letters, Timber LLC may consist of two such Delaware limited liability companies, in order to accommodate multiple Credit Enhancement Banks, and collectively such limited liability companies will perform the obligations of Timber LLC hereunder.
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Timber LLC means Longview Timber LLC, a Delaware limited liability company.
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Timber LLC means up to two (2) Delaware limited liability companies to be formed by Seller prior to the Closing, pursuant to organizational documents reasonably satisfactory to Seller and Purchasing Parties, for the purposes described in Article 2.4, and any successor to such entity.
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Examples of Timber LLC in a sentence

  • The owner of the property is Blenheim Timber, LLC, A Delaware Corporation.

  • Southern Timber, L.L.C. shall have executed and delivered the Southern Timber Assumption Agreement substantially in the form of Exhibit D hereto thereby becoming an obligor in respect of a portion of the indebtedness of the Company (all as more particularly described in Exhibit D).

  • Southern Diversified Timber, LLC (SDT or the Company) is a Delaware limited liability company formed on October 1, 2008.

  • On October 9, 2008, Longview Timber LP converted to a limited liability company, Longview Timber LLC, pursuant to and in accordance with the Delaware Limited Liability Company Act upon which Longview GP LLC became the special member and Longview Timber Holdings LLC became the initial member.

  • Longview Timber LLC is taxable as a partnership and is generally not subject to income taxes on its stand-alone taxable income from operations and investments; such taxes are the responsibility of the individual members.

  • Longview Timber LLC has no participation in any pension, retiree medical, or health care insurance plans.

  • Longview Timber LLC has a matching defined contribution 401k plan.

  • Longview Timber LLC had designated these swaps as cash flow hedges.

  • Timber LLC shall have obtained one or more standby letters of credit from the Credit Enhancement Banks and entered into the related agreements substantially consistent with the terms of the LC Commitment Letters and shall have tendered delivery of the Timber Notes and the standby letter(s) of credit to Parent and Southern.

  • Longview Timber LLC accounts for its investment in IFA Nurseries, Inc.


More Definitions of Timber LLC

Timber LLC means each Delaware limited liability company to be formed by the Selling Parties prior to the Closing, pursuant to organizational documents reasonably satisfactory to the Selling Parties and Buying Parties, for the purposes described in Section 1.2, and any successor to each such entity. Each Timber LLC will be wholly owned by one Selling Party.
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Timber LLC means any one of the Delaware limited liability companies listed on Schedule B attached hereto under the caption “Timber LLCs” (collectively, the “Timber LLCs”).
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Related to Timber LLC

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • GP means Gottbetter & Partners, LLP.

  • Seller Parent has the meaning set forth in the Preamble.

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • Operating Partnership has the meaning set forth in the preamble.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • EMG means the Executive Management Group of SSgA.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • Seller Affiliate means any Affiliate of Seller.

  • Contributors has the meaning set forth in the Preamble.

  • SHC means Sears Holdings Corporation.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • EBS means Electronic Bid Submission.

  • Seller has the meaning set forth in the Preamble.

  • Seller Affiliates has the meaning ascribed thereto in Section 2.8.

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Operating Partnership Agreement means the Amended and Restated Partnership Agreement of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;