Common use of Payment Schedule Clause in Contracts

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 2; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 25; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 25, 50, and 75 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 27; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 25 and 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20042005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 29; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44, less the amount of project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 30 and 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31December 15, 20042005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 24; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 5. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 15, 30, 45, and 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August May 31, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 25; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log haulinghauling from Areas 1, 4, or 5, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 30 and 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31April 30, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 2; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue minus the total price of hardwoods, divided by 10, plus the total price of hardwoods. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 29; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The 44 less the amount of the project work plus the total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004hardwoods. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification notice of high bid intent to award or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 2; with and less the total estimated conifer bid value being the sum obtained price of hardwoods by multiplying the estimated conifer timber volumes by the prices given in Section 447. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment with by 211; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The 44 less the amount of the project work plus the total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004hardwoods. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 211; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods In addition, and not withstanding the above schedule, a minimum of 40 percent of the estimated bid value shall be paid on or before August 31January 2, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuebid. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 27; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 plus the total price of hardwoods. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 25 and 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price Total Purchase Price for timber sold under this contract Contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification notice of high bid intent to award or before operatingbeginning Operations, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 10. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices Purchase Prices given in Section 44 plus 1740, "Log Prices," less the total price value of hardwoodsthe Project Work. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half of an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 28; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices Purchase Prices given in Section 441740, "Log Prices," less the value of the Project Work. The total price for hardwoods shall be paid prior to log haulingIn addition, except for and notwithstanding the removal above schedule, a minimum of trees which are felled for road construction required by this contract. The full purchase price for hardwoods 50 percent of the estimated bid value shall be paid on or before August 31, 20048/8/2022. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is must be paid before logging resumesOperations resume. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price Total Purchase Price shall be calculated after all log scale is reported by multiplying prices in Section 44 1740, "Log Prices," by the scaled volume plus the total price of hardwoodsvolume. STATE shall refund any advance payment in excess of the total priceTotal Purchase Price, or PURCHASER shall pay any deficit within 30 thirty (30) days of notice. PURCHASER's deposit account Deposit Account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 213; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 4. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 13, 38, and 63 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 213; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work plus the total price of hardwoods. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods In addition, and not withstanding the above schedule, a minimum of 40 percent of the estimated bid value shall be paid on or before August 31March 1, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 25; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 25 and 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20042005. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 6. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 25; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 211; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 25 and 50 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue minus the total price of hardwoods, divided by 12, plus the total price of hardwoods. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 211; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 plus the total price of hardwoods. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods In addition, and not withstanding the above schedule, a minimum of 40 percent of the estimated bid value shall be paid on or before August 311, 20042003. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 213; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods In addition, and not withstanding the above schedule, a minimum of 40 percent of the estimated bid value shall be paid on or before August 31September 1, 2004. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid valuevalue divided by 8. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 27; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 3. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. Subsequent installments shall be paid when the value of hardwood timber removed equals 30 and 60 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31April 30, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 26; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 20042003. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 29; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The 44 plus the total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004hardwoods. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 215; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44. The 44 less the amount of the project work plus the total price for hardwoods shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The full purchase price for hardwoods shall be paid on or before August 31, 2004hardwoods. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

Payment Schedule. The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 44 less the amount of the project work plus the total price of hardwoods. Cash bid deposits shall be applied to the initial payment. Subsequent payments for conifers shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of conifer timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated conifer bid value less the initial payment by 213; with the total estimated conifer bid value being the sum obtained by multiplying the estimated conifer timber volumes by the prices given in Section 4444 less the amount of the project work. The Installments for hardwoods shall be calculated by dividing the total purchase price for hardwoods by 2. The first installment shall be paid prior to log hauling, except for the removal of trees which are felled for road construction required by this contract. The second installment shall be paid when the value of hardwood timber removed equals 35 percent of the purchase price of hardwoods. The full purchase price for hardwoods shall be paid on or before August 31, 20042006. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume plus the total price of hardwoods. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.