Common use of Damage by Catastrophe Clause in Contracts

Damage by Catastrophe. All timber within the logging unit of the species and minimum merchantability specified in the contract which is damaged but not rendered unmerchantable by insects, disease, windthrow, fires or by other forces subsequent to the date the contract is approved, shall be termed merchantable. In contracts for the sale of predetermined volumes in which minimum merchantability standards are not specified, merchantability shall be determined in accordance with customary standards. The Purchaser shall cut and pay for damaged merchantable timber as expeditiously as possible and as the Approving Officer may direct, except as otherwise provided for in Parts B4.26 and B6.4 herein.

Damage by Catastrophe. ‌ All timber within the logging unit of the species and minimum merchantability specified in the contract which is damaged but not rendered unmerchantable by insects, disease, windthrow, fires or by other forces subsequent to the date the contract is approved, shall be termed merchantable. In contracts for the sale of predetermined volumes in which minimum merchantability standards are not specified, merchantability shall be determined in accordance with customary standards. The Purchaser shall cut and pay for damaged merchantable timber as expeditiously as possible and as the Approving Officer may direct, except as otherwise provided for in Parts B4.26 and B6.4 herein.