Common use of 217 Extension Deposits Clause in Contracts

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “Extension Deposit.” Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Purchaser shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Operat- ing Season(s) during the extension period. Extension De- posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Purchaser earns Con- tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE B4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written agreement, Forest Service shall perform all or portions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement.

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operating Season(s) 117 within the extension period to determine the amount of each “Extension Deposit.” Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Purchaser shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Operat- ing Season(s) during the extension period. Extension De- posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Purchaser earns Con- tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE B4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written agreement, Forest Service shall perform all or portions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement.

217 Extension Deposits. In the event of Contract Term ExtensionExtenSion, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance bal­ ance of any deposit made pursuant to B4.213 BT4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “"Extension Deposit.” " Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- modifica­ tion. In response to Forest Service billing under B4.21BT4.21, Purchaser shall make advance cash deposits. Such de- posits de­ pOSits shall at least equal each Extension Deposit re- re­ quired for each whole month remaining in Normal Operat- Operat­ ing Season(s) during the extension period. Extension De- De­ posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that any Payment Unit is covered by such deposits has been Scaledto be released. Due dates for Extension Deposits during the exten- exten­ sion period may be delayed when Purchaser earns Con- Con­ tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE B4.218 BT4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written writ­ ten agreement, Forest Service shall perform all or portions por­ tions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest For­ est Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest request of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement.

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “Extension Deposit.” Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Purchaser shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Operat- ing Season(s) during the extension period. Extension De- posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Purchaser earns Con- tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE B4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written agreement, Forest Service shall perform all or portions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement. B4.213, or B4.217. If Purchaser plans no cutting within the next 60 days, Forest Service may refund the entire unencumbered cash balance, except as provided in this Subsection. After a refund for a shutdown, deposits shall be made to meet the requirements of B4.212 before addi- tional timber may be cut.

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance bal­ ance of any deposit made pursuant to B4.213 BT4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “"Extension Deposit.” " Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- modifica­ tion. In response to Forest Service billing under B4.21BT4.21, Purchaser shall make advance cash deposits. Such de- de­ posits shall at least equal each Extension Deposit re- re­ quired for each whole month remaining in Normal Operat- Operat­ ing Season(s) during the extension period. Extension De- , posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that any Payment Unit is covered by such deposits has been Scaledto be released. Due dates for Extension Deposits during the exten- exten­ sion period may be delayed when Purchaser earns Con- Con­ tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE B4.218 BT4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written writ­ ten agreement, Forest Service shall perform all or portions por­ tions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest For­ est Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest request of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement.

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit balance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operating Season(s) within the extension period to determine the amount of each “Extension Deposit.” Purchaser shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Purchaser shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Operat- ing Season(s) during the extension period. Extension De- posits shall be due by the last day of each month during Normal Operating Season whether or not the volume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Purchaser earns Con- tract Term Adjustment if Termination Date, as adjusted, results in one or more additional complete months within Normal Operating Season(s). SAMPLE DRAFT B4.218 Cooperative Deposits. On a basis of cooperation or assistance (16 USC 572) and by a written agreement, Forest Service shall perform all or portions of the work that Purchaser is obligated to perform under this contract, as well as furnish other services in connection with activities under this contract. When Forest Service is to perform such work, Purchaser shall make one or more deposits to cover the estimated cost of the work. On re- quest of Purchaser, Forest Service shall render monthly accounts, as may be specified in such agreement.