Timber Harvesting Sample Clauses

Timber Harvesting. Buyer shall harvest (i.e. cut and remove) in each Harvesting Year, all merchantable Timber as identified in the Harvesting Plan for the Actual Designated Tracts for such Harvesting Year, subject to a Force Majeure Event. Such harvesting operations shall be conducted in accordance with all Applicable Laws, in a manner consistent with established industry logging practices, and in compliance with any reasonable additional guidelines which may be established from time to time by Seller. Buyer shall repair all fences or structures damaged by its harvesting operations and shall leave all roads, fire breaks, property lines, lakes, streams, and drainage ditches clear of logs, timber, limbs or other debris. All oil drums, cans, bottles, cartons, delimbing bars, loading decks, abandoned equipment and other debris resulting from Buyer’s operations shall be removed from the applicable portions of the Timberlands upon completion of the harvesting operations at Buyer’s expense. If repairs are not made or if the debris is not removed and cleared within thirty (30) days after notice from Seller to Buyer, then Seller may undertake such repair or removal for Buyer’s account, and Buyer shall be liable to Seller for any expense incurred in repairing or removing same. Buyer shall not, under any circumstance, bury any material underground nor discharge, release or otherwise cause the Timberlands or any portion thereof to be affected by hazardous wastes or hazardous substances. Buyer shall use normal and customary care while conducting its harvesting operations so as not to materially damage the Timberlands. Buyer acknowledges that a higher degree of care is required when the site is abnormally wet and that such circumstances may require Buyer to halt all harvesting activities. Seller reserves the right to suspend Buyer’s harvesting operations when Seller deems site damage will result from continued operations; provided, however, that in the event of such suspension, Buyer shall be entitled to an extension of the time allotted for its harvesting operations equal to the number of days that the suspension continues. Seller also reserves the right to suspend Buyer’s harvesting operations on an Actual Designated Tract when Seller determines, in the exercise of its reasonable discretion, that Buyer is not conducting harvesting operations on the Actual Designated Tract in accordance with the relevant Harvesting Plan. In the event Buyer conducts harvesting operations in violation of t...
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Timber Harvesting. The Grantor shall not harvest timber on the Protected Property except as specifically allowed in Section III.
Sample 1
Timber Harvesting. Except as otherwise specifically permitted in Exhibit C, the taking or harvesting of timber, standing or downed, on the Property, except for disease or insect control or to prevent property damage or personal injury, is prohibited. In no event may timber be collected for or used for commercial purposes. EXHIBIT E
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Timber Harvesting. Currently, and in the short term, timber has the potential to be the most tangible and readily available asset. The inventory of this resource is based upon the Ministry of Forests’ forest cover mapping, currently administered by the Ministry of Sustainable Resource Management. The need to update this database will be assessed from time to time. The next Timber Supply Review process will help to identify inventory gaps, and will allow for the testing of the accuracy of these Subalpine fir 17% Spruce 41% C edar 15% Pine 6% D eciduous 11% D ouglas fir 4% H em lock 6% Figure 2 . Leading species by area w ithin the T im ber Harvesting Land Base. inventories. Projects such as Total Chance Planning, Total Resource Design or Ecosystem Management Plans will be evaluated for use in locally developed Scenario Planning Models. Harvesting priorities will be conducive to meeting the objectives of integrated resource management including maintaining long-term sustained harvesting levels and ensuring profitability of the operation. Harvesting methods will be developed based upon site specific requirements. They will be further described as site plans and logging plans are prepared. The following objectives and strategies provide the foundation for guiding timber harvesting priorities and methods (2.02 (d) (i) of “the Agreement”). Objective Strategy Timber should remain in the Xxxxxx Valley and be utilized for value added and specialty production. Offer a proportion of available tenures or sales to local operators based upon proposals which include the creation of something in the order of one full time job per 1,000 m3 as well as guaranteeing the production of value added or specialty products. Profit from timber harvesting to fund the Corporation and its activities. Negotiate to have a portion of the stumpage fees collected by BC to be returned directly to the Community Forest to aid in planning and inventories, and to enhance other opportunities such as recreation, tourism, education or research as directed by the Board of Directors. To maintain cash flow and maximize profitability from a portion of the allowable annual cut, offer not less than 20% of the volume harvested from the Agreement Area for sale on the open market. Maximize diversity of products and tenures. Provide a tenure or sale structure which provides for a range of volumes, species and products including possible enhanced or super utilization and special (timber) forest products. Include timber harvesti...
Sample 1
Timber Harvesting. 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. Buyer shall implement harvesting practices consistent with recommended BMPs on the Timberlands established by the applicable state forestry commission in the state where the Tract is located. Buyer shall comply with the guidelines applicable to the operations of Buyer contemplated by this Agreement set forth in the Sustainable Forestry Initiative Standard 2005-2009, or such other successor standard to the extent commercially reasonable, and including providing third party certification of same, or such other third party certification program as is mutually approved in writing from time to time by Buyer and Owner. Buyer hereby certifies that logging professionals which harvest Qualifying Timber under this Agreement shall maintain third-party certification organization standards from professional logger programs in their respective states. Owner shall have the right to suspend all harvesting operations when the harvesting site is abnormally wet and Owner determines that site damage will result from continued operations, but, in the event of any such suspension, Buyer shall be entitled to an extension of the time allotted under the relevant Cutting Contract for its harvesting operations equal to the term of such suspension.
Sample 1
Timber Harvesting. Timber harvests are only allowed if a Forest Management Plan has been provided to and approved by the Holder. The plan must be provided to the Holder for review at least forty-five (45) days prior to any harvest activities, marking of trees, and/or construction of access roads. The Holder may require modifications to such plan to be consistent with the purposes of this Conservation Easement. The Forest Management Plan must be prepared by a reputable and qualified forester with at least five years professional experience in the practice of forestry and a degree from an accredited school of forestry.
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Timber Harvesting 
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Related to Timber Harvesting

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  • Property or Properties As the context requires, any, or all, respectively, of the Real Property acquired by the Company, either directly or indirectly (whether through joint venture arrangements or other partnership or investment interests).

  • Transferred Assets (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

  • The Properties 3.1 All of the Properties are in England, Wales or Scotland.

  • Rent Rolls; Operating Histories The Seller has obtained a rent roll (the “Certified Rent Roll(s)”) other than with respect to hospitality properties certified by the related Mortgagor or the related guarantor(s) as accurate and complete in all material respects as of a date within 180 days of the date of origination of the related Mortgage Loan. The Seller has obtained operating histories (the “Certified Operating Histories”) with respect to each Mortgaged Property certified by the related Mortgagor or the related guarantor(s) as accurate and complete in all material respects as of a date within 180 days of the date of origination of the related Mortgage Loan. The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the Mortgagor or an affiliate for less than three years then for such shorter period of time, it being understood that for mortgaged properties acquired with the proceeds of a Mortgage Loan, Certified Operating Histories may not have been available.

  • Acquired Assets 11 Upon the terms and subject to the conditions set forth in this Agree- ment, at the Closing Seller shall sell, assign, transfer, convey and deliver to Buyer free and clear of all Liens, and Buyer shall purchase, acquire and take assignment and delivery of, all right, title and interest of Seller in and to the Acquired Assets, including the following:

  • Purchaser Can Protect Its Interest Purchaser represents that by reason of its, or of its management’s, business or financial experience, Purchaser has the capacity to protect its own interests in connection with the transactions contemplated in this Agreement, and the Related Agreements. Further, Purchaser is aware of no publication of any advertisement in connection with the transactions contemplated in the Agreement.

  • Contributed Assets In accordance with Section 704(c) of the Code, income, gain, loss and deduction with respect to any property contributed to the Company with an adjusted basis for federal income tax purposes different from the initial Asset Value at which such property was accepted by the Company shall, solely for tax purposes, be allocated among the Members so as to take into account such difference in the manner required by Section 704(c) of the Code and the applicable Regulations.

  • Existence, Properties, Etc (a) The Company shall do, or cause to be done, all things, or proceed with due diligence with any actions or courses of action, that may be reasonably necessary (i) to maintain Company's due organization, valid existence and good standing under the laws of its state of incorporation, and (ii) to preserve and keep in full force and effect all qualifications, licenses and registrations in those jurisdictions in which the failure to do so could have a Material Adverse Effect (as defined below); and (b) the Company shall not do, or cause to be done, any act impairing the Company's corporate power or authority (i) to carry on the Company's business as now conducted, and (ii) to execute or deliver this Agreement or any other document delivered in connection herewith, including, without limitation, any UCC-1 Financing Statements required by the Secured Party to which it is or will be a party, or perform any of its obligations hereunder or thereunder. For purpose of this Agreement, the term "

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

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