Pine Pulpwood definition
Examples of Pine Pulpwood in a sentence
The Timberlands provided Pine Pulpwood, Hardwood Pulpwood, Chip-n-saw and Pine Sawlogs, all of which have been used in connection with the production of paperboard and lumber products at the ▇▇▇▇▇ Mill and the Cottonton Mill.
Notwithstanding the foregoing, : (i) if adverse weather conditions during the last ninety (90) days of any Calendar Year prevent Buyer from purchasing the Annual Volumes of Natural Hardwood or Pine Pulpwood for said Calendar Year, the payments provided for in this Section 8.1 shall not apply unless and to the extent said volumes (together with any volumes required with respect to the first quarter of the following Calendar Year) are not purchased on or before March 31 of the following Calendar Year.
Plum Creek warrants and covenants that it will use its best commercially reasonable efforts to cause all Chips to meet the Chip Quality Specifications, and to cause all Pine Pulpwood and Hardwood Pulpwood to meet the Pulpwood Quality Specifications.
Seller agrees to sell, and Buyer agrees to purchase, receive and pay for, in each calendar year (a “Calendar Year”), the Annual Volumes, as defined herein, of Pine Pulpwood and Hardwood Pulpwood.
Buyer and Company shall cooperate in good faith to resolve any dispute, controversy or claim arising out of, relating to or in connection with this Agreement, including with respect to the formation, applicability, breach, termination, validity or enforceability thereof (a “Dispute”).
The term "Stumpage Price" means, for Pine Pulpwood or Hardwood Pulpwood, the fair market price paid "at the ▇▇▇▇▇" for such Product in the Region.
For purposes of this Agreement, each cord of Pine Pulpwood shall weigh not less than five thousand two hundred (5,200) pounds.
The Division has been and is a significant source of wood fiber products for Riverwood, consisting of pine pulpwood ("Pine Pulpwood"), chips ("Chips") and hardwood pulpwood ("Hardwood Pulpwood," and together with Pine Pulpwood, "Pulpwood," and together with Pine Pulpwood and Chips, "Products"), all of which have been used in connection with the production of paper products by Riverwood at its West Monroe, Louisiana paper mill (the "West Monroe Facility").
Subject to the terms of Section 7 above, any payments made pursuant to this Section 8.3 shall be calculated separately for Pine Pulpwood and Hardwood Pulpwood.
Notwithstanding the foregoing, the fair market value of Pine Pulpwood or Hardwood Pulpwood shall be calculated by determining the Stumpage Price (as defined below) of such Product and adding to such amount the amount of Delivery Cost (as defined below).