Payment Unit definition
Examples of Payment Unit in a sentence
However, the rate of logging used in such adjustment of Payment Unit size shall not be less than a rate necessary for removal of all Included Timber during Normal Operating Seasons prior to Termination Date.
The boundaries of “Sale Area” and any Payment Unit thereof, are as shown on the attached “Sale Area Map” that is made a part hereof, and were, before timber sale advertisement, designated on the ground by Forest Service to meet the anticipated needs of the parties.
When all contractual work of Purchaser has been accepted for any Payment Unit or cutting unit identified on Sale Area Map, Payment Unit or cutting unit shall be eliminated from Sale Area on written notice of either party to this contract.
Unless otherwise spe- cifically provided herein, Purchaser shall fell trees desig- nated for cutting and shall remove the portions that meet Utilization Standards, as provided in BT2.2, prior to ac- ceptance of Payment Unit for completion of logging under BT6.36.
Except as pro- vided in BT3.1, Current Contract Rates and Required De- posits in effect when a Payment Unit is Released for Cut- ting shall be applied to the timber quantities to determine the amount Purchaser shall pay.
The Forest Service may, at its option, permit the Purchaser to remove such material subsequent to Payment Unit acceptance, but prior to the Termination Date.
When all contractual work of Contractor has been accepted for any Payment Unit or stewardship project area, it shall be eliminated from Contract Area on written notice of either party to this contract.
However, the rate of logging used in such ad- justment of Payment Unit size shall not be less than a rate necessary for removal of all Included Timber during Nor- mal Operating Seasons prior to Termination Date.
In event there are more than two Payment Units from which timber removal has not been completed on the effec- tive date, the rates in effect at the time of Release for Cutting shall apply to the two units from which the greatest es- timated proportions of Payment Unit quantities have been removed.
Unless there is agreement in writing to postpone specific requirements, all contractual requirements on a Payment Unit shall be accepted by Forest Service prior to the release of an additional Payment Unit.