Merchantable stand of timber definition

Merchantable stand of timber means a stand of trees that will yield logs and/or fiber:
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Merchantable stand of timber means any stand on forestlands containing living or
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Merchantable stand of timber means any stand on forestlands containing living or dead timber which is being or can be harvested.
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More Definitions of Merchantable stand of timber

Merchantable stand of timber means a stand of trees that will yield logs and/or fiber: Suitable in size and quality for the production of lumber, plywood, pulp or other forest products;
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Merchantable stand of timber means a stand of trees that will yield logs and/or fiber: Suitable in size and quality for the production of lumber, plywood, pulp or other forest products; Of sufficient value at least to cover all the costs of harvest and transportation to available markets.
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Related to Merchantable stand of timber

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Timber means forest trees, standing or down, of a commercial species, including Christmas trees. However, "timber" does not include Christmas trees that are cultivated by agricultural methods, as that term is defined in RCW 84.33.035.

  • Farm equipment means equipment used directly for farming

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement. Minimum State of Charge:

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as, but not limited to, provisions in storerooms, refrigerators, pantries and kitchens; beverages in wine cellars and bars; other merchandise intended for sale; fuel; mechanical supplies; stationery; and other expensed supplies and similar items.

  • Serviceable when used to describe an Engine or Part, means in an airworthy condition within the limits defined in the applicable Engine manuals, specification and/or publications by the type certificate holder.