TRACT DESIGNATION Sample Clauses

TRACT DESIGNATION. (a) During each of calendar years 2000 and 2001, Seller shall designate to Buyer one or more Tracts within the supply area of the Fernandina Mill on which sufficient pine timber is available for harvest to produce 1,275,000 tons, and Seller shall designate one or more Tracts within the supply area of the Brewton Mill on which sufficient pine timber is available for harvest to produce 560,000 tons. Prior to Seller's designating any Tract, both Seller and Buyer must have received the timber cruise data for the Tract from the Independent Consultant as provided in Section 4.02. (b) Tracts designated by Seller shall represent an estimated aggregate volume of one hundred ten percent (110%) of the annual volume commitments set forth in Section 4.01(a) above for the relevant calendar year. Tract selection will be made by district, including six (6) or seven (7) districts that are logical combinations of Buyer's historic districts with those of Seller in the Fernandina region, and three new districts in Alabama. Taking into account Seller's objective of having Timber harvested with respect to a designated Tract within the calendar year of designation, and Buyer's objective of achieving Timber harvests consistent with Buyer's supply and production requirements, Seller and Buyer shall collaborate in good faith to achieve a mutually acceptable schedule of Tract designations. The total volume of Timber on the Tracts designated in any calendar year will be prorated among the districts in approximate proportion to each district's share of the total volume scheduled for harvest in such calendar year from the Timberlands. The mix of Tracts designated will fairly represent the mix of Tracts available for harvest within each district of the Timberlands, except that, upon agreement of Seller and Buyer the designated Timber may, in the aggregate, contain a higher than average percentage of pulpwood.