Cutting Contracts definition

Cutting Contracts means any of the Contracts pursuant to which the Sellers have the right to harvest timber from property owned by another Person, including any Governmental Authority, regardless of whether such Contract includes a conveyance of stumpage to the Sellers, but excluding the Timber Tenures.
View Source

Examples of Cutting Contracts in a sentence

  • The Seller shall not and shall not allow others to remove or in any way permit the removal of any timber, harvestable crops, improvements, or other items from the Property other than as provided in the Timber Cutting Contracts or as specifically agreed in writing by Purchaser.

  • Seller shall not extend any Timber Cutting Contracts without the permission of Purchaser.

  • On [date of closing under Purchase and Sale Agreement], Seller and Buyer entered into a Master Stumpage Agreement calling for the parties to enter into a Cutting Contract during each calendar quarter of the term of the Master Stumpage Agreement, and providing substantially all of the terms of the Cutting Contracts except for the designation of Tracts to be cut under the Cutting Contract.