Common use of Minimum Volume Clause in Contracts

Minimum Volume. The Bureau will make a reasonable and conscientious effort to keep scaling current, but the volume presented for scaling by the Purchaser within the contract year will not be counted as part of the minimum volume unless actually scaled. Cutting performance in any contract year beyond the minimum required shall not be applied against the cutting requirements of subsequent contract years. The shortfall in required annual production will be added to the minimum volume required for the following year. If Purchaser fails to meet the minimum cutting requirements, the volume of timber scaled during the following contract year shall not be applied to the minimum requirements for that year until the existing deficiency has been made up.

Minimum Volume. ‌ The Bureau will make a reasonable and conscientious effort to keep scaling current, but the volume presented for scaling by the Purchaser within the contract year will not be counted as part of the minimum volume unless actually scaled. Cutting performance in any contract year beyond the minimum required shall not be applied against the cutting requirements of subsequent contract years. The shortfall in required annual production will be added to the minimum volume required for the following year. If Purchaser fails to meet the minimum cutting requirements, the volume of timber scaled during the following contract year shall not be applied to the minimum requirements for that year until the existing deficiency has been made up.