Common use of Amount Payable for Timber Clause in Contracts

Amount Payable for Timber. Except as provided in DT.1, Current Contract Rates and Required Deposits in effect when a Payment Unit is Released for Cutting shall be applied to the timber quantities to determine the amount Contractor shall pay. A “Payment Unit” is a portion of Contract Area established for payment purposes.

Appears in 9 contracts

Sources: Integrated Resource Contract, Integrated Resource Contract, Integrated Resource Contract

Amount Payable for Timber. Except as provided in DT.1BT3.1, Current Contract Rates and Required Deposits in effect when a Payment Unit is Released for Cutting shall be applied to the timber quantities to determine the amount Contractor Pur- chaser shall pay. A “Payment Unit” is a portion of Contract Sale Area established for payment purposes.

Appears in 2 contracts

Sources: Timber Sale Contract, Timber Sale Contract