Timber Deed definition

Timber Deed means any timber deed or similar instrument conveying rights in Domestic Timber to any Subsidiary Guarantor from time to time, in form and content acceptable to the Administrative Agent in its sole discretion, together with any replacement or modification thereof.
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Timber Deed and “Timber Deeds” have the meaning set forth in Section 3.2(a).
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Timber Deed means a deed conveying trees and timber on a portion of the Property and appearing as a title exception in a Completed Title Commitment, together with the Contract for the Sale and Purchase of Timber pursuant to which the Timber Deed was executed and delivered.
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Examples of Timber Deed in a sentence

  • Each Landholder shall, from time to time, use its best efforts to obtain from the lessor under any Timber Lease or any grantor or current owner of the property encumbered by any Timber Deed such certificates of estoppel with respect to compliance by such Landholder with the terms of the Timber Lease as may be requested by the Administrative Agent.

  • Buyer will pay to Seller a single lump sum amount for all trees designated for harvest by the Sellers’ agent in full at the time the Contract and Timber Deed are both executed.

  • Subject to strict compliance with the applicable legal authorities, to place on the Asheboro City Council’s meeting agenda a formal request for authorization to execute a General Warranty Timber Deed, or Timber Sale Agreement, when presented.

  • This Timber Deed conveyed the rights to harvest merchantable pine stands to CF Florida, LLC in the “designated” Forest Management Zones.

  • Timber DeedImmediately after acquisition in October 2006, TNC executed a Timber Deed that encumbered a portion of the western 621.6 acres of the property.

  • To submit to the Asheboro City Council for approval in accordance with the North Carolina General Statutes a General Warranty Timber Deed, or Timber Sale Agreement, when presented.

  • Rayonier utilizes nine depletion pools, which are East Central Pine and Hardwood (includes Florida, Georgia, Alabama and Mississippi timber), Southwest Pine and Hardwood (Texas and Louisiana timber), Oklahoma Pine and Hardwood, Timber Deed Pine and Hardwood (includes Arkansas and Louisiana timber deeds, plus Rayonier’s ownership in Tennessee), and the Pacific Northwest depletion pool (Washington and Oregon timber).

  • To provide to Purchaser clear title to the merchantable timber by Warranty Timber Deed on payment of the full purchase price; said deed having an attachment setting forth the cutting boundaries as set forth on Exhibit A-1.

  • Closing Costs Paid by Purchaser: Purchaser shall pay all recording costs of the Statutory Warranty Timber Deed and one-half (1/2) of the escrow fee (not to exceed $950.00) in connection with the closing.

  • The Court awards [Remote Woodyards] a Judgment against the estate of Romie Neisler and Francis Neisler for $28,000, plus prejudgment interest at the rate of 7% per annum, from the date of the Timber Deed, June 3, 2003, until September 26, 2008, which interest amount totals $10,417.55 for a total judgment of $38,417.55 as of September 26, 2008.


More Definitions of Timber Deed

Timber Deed means, collectively (i) that certain Timber Deed, dated as of April 11, 2014, by and between ForesTree VI, LP and CatchMark TRS Harvesting Operations, LLC regarding certain Timber located in Xxxxxxx County, Georgia, and (ii) any other timber deed or similar instrument conveying rights in Timber to any Landholder from time to time, in form and content acceptable to the Administrative Agent in its sole discretion, together with any replacement thereof.
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Related to Timber Deed

  • JOA means the joint operating agreement currently in force in respect of operations pursuant to a Licence and identified as such in Schedule 1;

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Completion Schedule means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract;

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Supplemental Deed means a deed supplemental to this Deed, executed by the Management Company and the Trustee, after seeking approval of the SECP, to modify, add to, alter and amend or amend and restate the provisions of this Deed or any other Supplemental Deed in such manner and to such extent as may be considered expedient for all purposes, which shall be consolidated, read and construed together with this Deed.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Plant Site (Works, Factory) means the local integration of one or more plants, with any intermediate administrative levels, which are under one operational control, and includes common infrastructure, such as:

  • Accession Deed means a document substantially in the form set out in Schedule 6 (Form of Accession Deed).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Intercreditor Deed means the intercreditor deed dated on or about the date of this Agreement initially by and among the Security Agent, the Lender, the Junior Investor, the Individual Obligor, the Onshore Parent Guarantor and the Borrower, as amended and supplemented from time to time pursuant to the terms thereto.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Dry well means a type of infiltration practice that allows storm water run-off to flow directly into the ground via a bored or otherwise excavated opening in the ground surface.

  • Tax Deed means a tax deed prepared under section 379 and includes the title conferred by the registration of the tax deed.

  • Subject Properties has the meaning specified in Section 5.13(a).