Timber Removal. Lessee will not interfere with the removal of timber purchased by a third party prior to or subsequent to the issuance of this Lease. The cutting or removal of timber is prohibited, other than that expressly permitted and authorized by Lessor in writing, which approval will not be unreasonably withheld, conditioned, or delayed. Requests for authorization for cutting or clearing operation must be made at least three (3) months prior to any proposed cutting or clearing operation. Lessee will reimburse Lessor for the value of any merchantable timber and pre-merchantable timber cut or cleared from the Leased Premises. The value for such timber will be established by Lessor using accepted fair market value appraisal techniques. Upon payment to Lessor, title to the timber shall pass to Lessee.
Appears in 1 contract
Sources: Commercial Lease
Timber Removal. Lessee will not interfere with the removal of timber purchased by a third party prior to or subsequent to the issuance of this Lease. The cutting or removal of timber is prohibited, other than that expressly permitted and authorized by Lessor in writingLessor, which approval will not be unreasonably withheld, conditioned, or delayed. Requests for authorization for Prior to Lessee cutting or clearing operation removing timber from the Leased Premises, Lessor must be made given written notice at least three (3) months prior to any proposed in advance of the intended cutting or clearing operation. Lessee will reimburse Lessor for the value of any merchantable timber and pre-merchantable timber cut or cleared from the Leased Premises. The value for such timber will be established by Lessor using accepted fair market value appraisal techniques. Upon payment to Lessor, title to the timber shall pass to Lessee.
Appears in 1 contract
Sources: Alternative Energy Lease
Timber Removal. Lessee will not interfere with the removal of timber purchased by a third party prior to or subsequent to the issuance of this Lease. The cutting or removal of timber is prohibited, other than that expressly permitted and authorized by Lessor in writingLessor, which approval will not be unreasonably withheld, conditioned, or delayed. Requests for authorization for Prior to Lessee cutting or clearing operation removing timber from the Land, Lessor must be made given written notice at least three (3) months prior to any proposed in advance of the intended cutting or clearing operation. Lessee will reimburse Lessor for the value of any merchantable timber and pre-merchantable timber cut or cleared from the Leased PremisesLand. The value for such timber will be established by Lessor using accepted fair market value appraisal techniques. Upon payment to Lessor, title to the timber shall pass to Lessee.
Appears in 1 contract
Sources: Commercial Ground Lease Agreement