Contract Extensions. If extensions of this Contract are deemed reasonable by the Seller, the stumpage price agreed upon herein shall be adjusted as follows: a. First extension: b. Second extension: c. Additional extensions: d. Other applicable charges or fees:
Appears in 5 contracts
Sources: Timber Sales Contract, Timber Sales Contract, Timber Sales Contract
Contract Extensions. If extensions of this Contract are deemed reasonable by the Seller, the stumpage price agreed upon herein shall be adjusted as follows:
a. First extension:: 5%
b. Second extension:: 10%
c. Additional extensions:: there will be no additional extensions sale will be closed and bond will be forfeited.
d. Other applicable charges or fees:
Appears in 2 contracts
Sources: Timber Sales Contract, Timber Sales Contract