Lump sum sale definition

Lump sum sale means any sale offered with a single total price applying to all the material conveyed.
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Lump sum sale means any sale offered with a sin- gle total price applying to all the material conveyed.
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Lump sum sale means a sale of Products where payment is to be made in one or more Instalments, each payment being made in advance of the harvesting of that part of the standing trees or other Products to which it relates.
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Examples of Lump sum sale in a sentence

  • Lump sum sale contracts must be paid in full prior to beginning any operations.

  • Lump sum sale) To pay the seller the sum of $ for the above described trees.

  • Minimum recovery requirements—one hundred percent of adjus- ted gross scale in firm useable chips.(((15))) (14) Lump sum sale.

  • There are two basic meth- ods of sale: Lump sum sale or pay- as-cut sale (also called unit or scaled sale).

  • Financial / price bid - Cover B shall contain the Lump sum sale amount for the whole work excluding GST.

  • Lump sum sale — In a lump sum sale, you receive a single payment for the timber before the harvest begins.


More Definitions of Lump sum sale

Lump sum sale means, with respect to any sale of Company Timber, any agreement or arrangement pursuant to which the Issuer receives full cash payment in advance for the purchase price for a specified quantity of Company Timber (or Company Timber covered by one or more Timber Harvesting Plans or contained on one or more parcels of land), and is required to provide, subsequent to the date of such payment, the quantity of timber provided therein (or covered by such Timber Harvesting Plans or contained on such parcels).
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Lump sum sale means a sale of Products where payment is to be made in one or more instalments as set out in the Lot Information and Conditions, each payment being made in advance of the dispatch of that part of the Total Quantity of Products to which it relates.
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Lump sum sale. The Purchaser shall pay Seller an amount of $ , to be paid in full prior to the commencement of timber cut- ting, based on the volume estimates and unit values in paragraph 18 Timber Products Table. The Seller is not obligated to return the payment or any portion of it in the event the Purchaser fails to remove all timber or forest products authorized for removal. OR
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Lump sum sale means a sale of Products where payment is to be m ade in one or m ore Instalments, each payment being made in ad vance of the ha rvesting of that part o f the standing trees or other Products to which it relates.
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Related to Lump sum sale

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan.

  • Termination Benefit means the benefit set forth in Article 7.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Actuarial equivalent means a benefit of equal value when

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to: