Termination by Contractor. This contract shall be terminated, upon election and written notice by Contractor, if Catastrophic Damage rate redetermination under D.3.2 shows that the appraised weighted average In- dicated Advertised Rate of all Included Timber remaining immediately prior to the catastrophe has been reduced through Catastrophic Damage by an amount equal to or more than the weighted average Current Contract Rate. “Indicated Advertised Rates” are Forest Service estimates of fair market value of the timber.
Appears in 21 contracts
Samples: Contract Road Maintenance Requirements Summary, www.fs.usda.gov, www.fs.usda.gov
Termination by Contractor. This contract shall be terminated, upon election and written notice by Contractor, if Catastrophic Damage rate redetermination under D.3.2 DT.3.2 shows that the appraised weighted average In- dicated Indicated Advertised Rate of all Included Timber remaining immediately prior to the catastrophe has been reduced through Catastrophic Damage by an amount equal to or more than the weighted average Current Contract Rate. “Indicated Advertised Rates” are Forest Service estimates of fair market value of the timber.
Appears in 9 contracts
Samples: National Forest Timber, www.fs.usda.gov, www.fs.usda.gov
Termination by Contractor. This contract shall be terminated, upon election and written notice no- xxxx by Contractor, if Catastrophic Damage rate redetermination redetermi- nation under D.3.2 BT3.32 shows that the appraised weighted average In- dicated Indicated Advertised Rate of all Included Timber remaining immediately prior to the catastrophe has been reduced through Catastrophic Damage by an amount equal to or more than the weighted average Current Contract Con- tract Rate. “Indicated Advertised Rates” are Forest Service estimates esti- mates of fair market value of the timber.
Appears in 6 contracts
Samples: Integrated Resource Timber Contract, Integrated Resource Timber Contract, Integrated Resource Timber Contract
Termination by Contractor. This contract shall be terminated, upon election and written notice by Contractor, if Catastrophic Damage rate redetermination under D.3.2 shows that the appraised weighted average In- dicated Advertised Rate of all Included Timber remaining immediately prior to the catastrophe has been reduced through Catastrophic Damage by an amount equal to or more than the weighted average Current Contract Rate. “Indicated Advertised Rates” are Forest Service estimates of fair market value of the timber.. SAMPLE
Appears in 3 contracts
Samples: www.fs.usda.gov, www.fs.usda.gov, www.fs.usda.gov