Pacific Lumber Sample Clauses

Pacific Lumber has transferred to Scotia Pacific title to and the right in perpetuity to harvest all trees and timber now or in the future growing on approximately 11,100 acres of the Pacific Lumber Property (the "Scotia Pacific/PL Timber Rights").
Sample 1
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Pacific Lumber. Scotia Pacific and Salmon Creek now desire to provide for reciprocal rights of access over, entry onto and use of the lands of the other parties hereto in connection with the exercise of the Scotia Pacific Timber Rights and the Pacific Lumber Timber Rights, the performance of the New Services Agreement, the New Master Purchase Agreement and related log purchase agreements, and the New Additional Services Agreement and for various other purposes related to the operation, management and utilization of the lands and the timber owned by each, and on terms differing from the Old Reciprocal Rights Agreement.
Sample 1
Pacific Lumber. Scotia Pacific and Salmon Creek each agree to carry out all activities permitted by the terms of this Agreement on the lands of the other parties hereto in compliance with all local, state and federal laws, ordinances, rules and regulations and regulatory permits or plans, or agreements with regulatory authorities, applicable to such lands and otherwise in a manner consistent in all material respects with the prudent business practices which, in the reasonable judgment of the acting party, are (i) consistent with then current applicable industry standards, and (ii) in compliance in all material respects with applicable laws. Each party shall supervise its employees, agents, representatives, servants and invitees while on the lands of the other party in a reasonably prudent manner.
Sample 1

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