Common use of 213 Periodic Payment Schedule Clause in Contracts

213 Periodic Payment Schedule. Contractor shall make periodic payments for stumpage value, as shown in A19.‌‌ In the event Contractor has not paid the amount(s) stated in A19 as stumpage for volume removed by the periodic payment determination date(s), Forest Service shall issue a bill for collection for the difference between the required amount and payments made by Contrac- tor. If payment(s) fall due on a date other than a normal billing date, the payment date shall be extended to co- incide with the next Integrated Resource Account billing date.‌‌ The amount of the periodic payment(s) will be re- duced if the payment(s) would result in Contractor’s credit balance for timber charges exceeding the Current Contract Value.‌ Only cash may be used for this purpose. No other form of payment is acceptable. Forest Service will apply the payments to subsequent charges on this contract under the terms of B4.212. Except for Contract Term Extensions under B8.23, periodic payment determination date(s) that have not been reached shall be adjusted one day for each addi- tional day of contract time granted.‌ B4.214 Deposits for Charges Subject to Escalation. Deposits requested to cover estimated charges for timber subject to escalation under B3.2 shall be based upon Current Contract Rates and related deposits in effect during the previous calendar quarter. B4.215 Deposits When Payment Guar-‌ anteed. To the extent payment guarantee is provided under B4.3, requirements for advance cash deposits under B4.212 shall be waived for the value of timber on Contract Area that is cut, but not removed, and for the value of products removed from Contract Area for not more than a monthly billing period, subject to the provi- sions of B4.4.‌

213 Periodic Payment Schedule. Contractor shall make periodic payments for stumpage value, as shown in A19.‌‌ A19. In the event Contractor has not paid the amount(s) stated in A19 as stumpage for volume removed by the periodic payment determination date(s), Forest Service shall issue a bill for collection for the difference between the required amount and payments made by Contrac- tor. If payment(s) fall due on a date other than a normal billing date, the payment date shall be extended to co- incide with the next Integrated Resource Account billing date.‌‌ date. The amount of the periodic payment(s) will be re- duced if the payment(s) would result in Contractor’s credit balance for timber charges exceeding the Current Contract Value.‌ Value. Only cash may be used for this purpose. No other form of payment is acceptable. Forest Service will apply the payments to subsequent charges on this contract under the terms of B4.212. SAMPLE Except for Contract Term Extensions under B8.23, periodic payment determination date(s) that have not been reached shall be adjusted one day for each addi- tional day of contract time granted.‌ granted. B4.214 Deposits for Charges Subject to Escalation. Deposits requested to cover estimated charges for timber subject to escalation under B3.2 shall be based upon Current Contract Rates and related deposits in effect during the previous calendar quarter. B4.215 Deposits When Payment Guar-‌ Guar- anteed. To the extent payment guarantee is provided under B4.3, requirements for advance cash deposits under B4.212 shall be waived for the value of timber on Contract Area that is cut, but not removed, and for the value of products removed from Contract Area for not more than a monthly billing period, subject to the provi- sions of B4.4.‌B4.4.

213 Periodic Payment Schedule. Contractor shall make periodic payments for stumpage value, as shown in A19.‌‌ A19.‌‌‌‌‌‌‌‌ In the event Contractor has not paid the amount(s) stated in A19 as stumpage for volume removed by the periodic payment determination date(s), Forest Service shall issue a bill for collection for the difference between the required amount and payments made by Contrac- tor. If payment(s) fall due on a date other than a normal billing date, the payment date shall be extended to co- incide with the next Integrated Resource Account billing date.‌‌ The amount of the periodic payment(s) will be re- duced if the payment(s) would result in Contractor’s credit balance for timber charges exceeding the Current Contract Value.‌ Only cash may be used for this purpose. No other form of payment is acceptable. Forest Service will apply the payments to subsequent charges on this contract under the terms of B4.212. SAMPLE Except for Contract Term Extensions under B8.23, periodic payment determination date(s) that have not been reached shall be adjusted one day for each addi- tional day of contract time granted.‌ B4.214 Deposits for Charges Subject to Escalation. Deposits requested to cover estimated charges for timber subject to escalation under B3.2 shall be based upon Current Contract Rates and related deposits in effect during the previous calendar quarter. B4.215 Deposits When Payment Guar-‌ anteed. To the extent payment guarantee is provided under B4.3, requirements for advance cash deposits under B4.212 shall be waived for the value of timber on Contract Area that is cut, but not removed, and for the value of products removed from Contract Area for not more than a monthly billing period, subject to the provi- sions of B4.4.‌Guar-‌