Common use of Blanket Bond Clause in Contracts

Blanket Bond. If Purchaser furnishes an acceptable bond, or deposits securities, in accordance with B4.3, to guarantee payment for timber from this and other timber sales within the same National Forest, the amount of such bond or deposited securities shall be al- located to such timber sales by Forest Service. When there is to be no timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this timber sale shall be reallocated to other timber sales at Purchaser’s request. Purchaser shall not start cutting hereunder until this timber sale re- ceives an allocation that will meet the obligation for pay- ment guarantee.

Appears in 89 contracts

Samples: Service Timber Sale Contract, Service Timber Sale Contract, Service Timber Sale Contract

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Blanket Bond. If Purchaser furnishes an acceptable bond, or deposits securities, in accordance with B4.3BT4.3, to guarantee payment for timber from this and other timber sales within the same National Forest, the amount of such bond or deposited securities shall be al- located to such timber sales by Forest Service. When there is to be no timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this timber sale shall be reallocated to other timber sales at Purchaser’s request. Purchaser shall not start cutting hereunder until this timber sale re- ceives an allocation that will meet the obligation for pay- ment guarantee.

Appears in 59 contracts

Samples: Service Timber Sale Contract, Timber Sale Contract, Timber Sale Contract

Blanket Bond. If Purchaser furnishes an acceptable bond, or deposits securities, in accordance with B4.3BT4.3, to guarantee payment for timber from this and other timber sales within the same National Forest, the amount of such bond or deposited securities shall be al- al­ located to such timber sales by Forest Service. When there is to be no timber cutting hereunder for 30 days or more and payment of current charges has has' been made, the allocation to this timber sale shall be reallocated to other timber sales at Purchaser’s 's request. Purchaser shall not start cutting hereunder until this timber sale re- re­ ceives an allocation that will meet the obligation for pay- pay­ ment guarantee.

Appears in 1 contract

Samples: citeseerx.ist.psu.edu

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Blanket Bond. If Purchaser furnishes an acceptable bond, or deposits securities, in accordance with B4.3BT4.3, to guarantee payment for timber from this and other timber sales within the same National Forest, the amount of such bond or deposited securities shall be al- al­ located to such timber sales by Forest Service. When there is to be no timber cutting hereunder for 30 days or more and payment of current charges has been made, the allocation to this timber sale shall be reallocated to other timber sales at Purchaser’s 's request. Purchaser shall not start cutting hereunder until this timber sale re- re­ ceives an allocation that will meet the obligation for pay- pay­ ment guarantee.

Appears in 1 contract

Samples: Timber Sale Contract

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