Common use of Title to Timber Clause in Contracts

Title to Timber. During the period of this contract, and any extension, PURCHASER shall have the right to cut and remove the timber. Such right shall be conditioned upon PURCHASER complying with the provisions of this contract. The ownership of and title to the timber shall pass to PURCHASER as the timber is paid for and removed from the timber sale area. Any right of PURCHASER to cut and remove the timber shall expire and end at the time this contract, or any extension, terminates. All rights and interests of PURCHASER in and to the timber and logs remaining on the timber sale area shall, at that time, automatically revert to and revest in STATE, without compensation to PURCHASER.

Title to Timber. During the period of this contractContract, and any extension, PURCHASER shall have the right to cut and remove the timber. Such right shall be conditioned upon PURCHASER complying with the provisions of this contractContract. The ownership of and title to the timber shall pass to PURCHASER as the timber is paid for and removed following removal from the timber sale areaTimber Sale Area. Any right of PURCHASER to cut and remove the timber shall expire and end at the time this contractContract, or any extension, terminates. All rights and interests of PURCHASER in and to the timber and logs remaining on the timber sale area Timber Sale Area shall, at that time, automatically revert to and revest in STATE, without compensation to PURCHASER.