Means of Payment. 1. The CONTRACTOR and COUNTY shall enter a third party agreement with log delivery locations to pay CONTRACTOR and COUNTY directly for timber delivered. (Mill Direct Payment, Split Payment) 2. When logging is completed, the actual value and volume of timber cut shall be determined based on log load receipts received by COUNTY. The sale value shall then be adjusted and any additional sums due COUNTY shall be billed to CONTRACTOR or any amount due CONTRACTOR shall be refunded by COUNTY.
Appears in 4 contracts
Sources: Logging Contract, Logging Contract, Timber Sale Logging Contract