Common use of LESSOR'S RIGHT TO SELL Clause in Contracts

LESSOR'S RIGHT TO SELL. Lessor shall have the right at all times during the Initial Lease Term to sell all or any portion of the Timberlands subject to this Lease and the Purchase Option without the consent or approval of Lessee;

Appears in 2 contracts

Sources: Timber Lease (Tenneco Inc /De), Timber Lease (New Tenneco Inc)