Timber Deeds definition

Timber Deeds shall have the meaning ascribed thereto in Section 6.1(b)(i) hereof.
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Timber Deeds have the meaning set forth in Section 3.2(a).
Sample 1

Examples of Timber Deeds in a sentence

  • Owner hereby waives its right to allege or pursue any remedy or cause of action with respect to any conflict of interest that St. Xxx xxx have in its dual capacities hereunder and as “Grantor” under the Timber Deeds, and Owner agrees that any exercise by St. Xxx of its rights under the Timber Deeds, in its capacity as “Grantor” therein, shall not constitute or give rise to a breach of St. Joe’s obligations to Owner hereunder.

  • The Parties acknowledge that, as of the date of this Agreement, the timber on a portion of the Timberlands located in Attala, Leake, Madison, Xxxxxx and Xxxxx Counties, Mississippi has been conveyed to Plum Creek pursuant to certain Plum Creek Timber Deeds listed on Schedule 7.8 attached hereto and hereby made a part hereof (said conveyed timber, the “Plum Creek Timber”).

  • Upon receipt of the Purchase Price, Pioneer shall deliver to Frontier the timber deeds in the form attached hereto as Exhibits B-1 and B-2 (collectively the "Timber Deeds") and all other documents reasonably requested by Frontier to effect the intent of this Agreement.

  • Prior to Closing, Seller shall use its commercially reasonable efforts to (a) cause the Plum Creek Timber Deeds to be terminated or amended as of the Effective Time, such that the Plum Creek Timber located on the Timberlands conveyed to Purchaser shall no longer be subject to such Plum Creek Timber Deeds; and (b) execute and deliver, and cause to be executed and delivered, new Plum Creek Timber Deeds with respect to the Plum Creek Timber (the “New Plum Creek Timber Deeds”).

  • The Parties acknowledge that, as of the date of this Agreement, certain timber and trees on portions of the Property have been conveyed to third parties pursuant to those certain Timber Deeds listed on Schedule 7.9 attached hereto and hereby made a part hereof.

  • Seller shall use commercially reasonable efforts to obtain executed estoppel certificates from the counterparties to the Timber Deeds and the Supply Agreements (the “Estoppel Certificates”).

  • Rasor President and CEO Executive Vice President EXHIBIT "A" Summary Pricing Formula _ Illustrative Example for sawtimber in SEARK and MS March April May Total GPG PAP & Deed Volume 2.7 6.1 8.7 17.5 Amount $530 $526 $517 $522 TTC Timber Volume 2.2 2.2 1.5 5.9 Sales * Amount $546 $551 $498 $536 Total Volume 23.4 (* Excludes Timber Deeds Sold to GPG) Prem.

  • Notwithstanding anything to the contrary set forth in the Timber Deeds (as defined below), if St. Xxx or its agents, contractors or employees damage timber belonging to Owner in connection with St. Joe’s performance of this Agreement, St. Xxx shall pay to Owner the fair market value of the pre-merchantable and merchantable timber that was impaired or destroyed by St. Joe’s activities, to the extent such destruction or impairment was not paid for under the terms of this Agreement.

  • Seller agrees to convey to Purchaser title to the Timber by, and subject to the terms of, the Timber Deeds, free and clear of all liens, encumbrances, assessments, agreements, options and covenants, except for the Permitted Encumbrances set forth on Exhibit E attached hereto (the “Permitted Encumbrances”).

  • Each of Exhibits A-2, B and C contains a list, and Seller has made available to Purchaser copies, of the following documents in effect on the date of this Agreement: (i) each Timberland Lease, (ii) each Assumed Contract, (iii) the Existing Supply Agreements; (iv) the Real Property Leases; (v) the Plum Creek Timber Deeds; (vi) the Timber Deeds; and (vii) each material amendment, supplement, and modification in respect of any of the foregoing.

Related to Timber Deeds

  • 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.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Submerged lands means those lands which are inundated by water on a seasonal or more frequent basis.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Subject Leases means, for any Asset Review, all 2019-B Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • JOA means the joint operating agreement currently in force in respect of operations pursuant to a Licence and identified as such in Schedule 1;

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Plant Site (Works, Factory) means the local integration of one or more plants, with any intermediate administrative levels, which are under one operational control, and includes common infrastructure, such as:

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Partnership Documents means any contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements to which the Partnership or any of its subsidiaries is a party or by which the Partnership or any of its subsidiaries is bound or to which any of the property or assets of the Partnership or any of its subsidiaries is subject.

  • Subject Lands means the lands subject to or covered by the oil and gas leases described in Exhibit A, insofar and only insofar as they are located within the AMI Area and cover the Target Formation, subject to the exceptions, exclusions and reservations set forth on such Exhibit A.

  • Master Declaration means a written instrument, however named, (i) recorded on or after June 1, 1994, and (ii) complying with section 515B.2-121, subsection (e).

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.