Stumpage definition

Stumpage means the quantity of merchantable tim- ber by product and species as listed in s. NR 46.30.
Stumpage means the value of timber as it exists, uncut, within a harvest unit, expressed in terms of dollars per thousand board feet, dollars per ton, or other appropriate value per unit designation.
Stumpage means standing tree.

Examples of Stumpage in a sentence

  • The purchaser must submit an Advance Stumpage Payment prior to cutting any timber.

  • The Purchaser must submit an Advance Stumpage Payment prior to cutting any timber.

  • Stumpage price shall be adjusted under B3.31 to account for differences between replacement timber and deleted timber.

  • Stumpage fees and Forest Improvement fees are not subject to a downward adjustment under this clause.

  • Taxable Stumpage = Total Delivered Value – (Harvest Cost + Estimated Haul Cost + ARRF).


More Definitions of Stumpage

Stumpage means the trees standing on the xxxxx prior to harvest activities.
Stumpage means the value of timber as it exists, uncut, within a harvest unit, expressed in
Stumpage means the sale value of uncut trees in a defined forest section.
Stumpage means the price payable for Pulpwood under Schedule 9 which excludes other costs and charges as detailed in Schedule 10.
Stumpage means the price payable to the Province of British Columbia per m3 as stumpage pursuant to the Licence.
Stumpage means the value of chiplogs as they stand in the pine plantations immediately before being cut;
Stumpage means timber in unprocessed form as it is found in the woods.