Timber Sale Agreement Template

1. LIABILITY – The Buyer undertakes to exempt the Seller from any claim, penalty or expense of any kind, nature or description resulting from the performance of this Contract, whether it is itself or an individual, organization or governmental authority or subdivision. 2. THE WORK INDEMNITY INSURANCE is purchased and maintained by the Buyer, if necessary, and at least within the minimum limit prescribed by law, in order to fully protect the Buyer and seller against all claims for breach or death resulting from the performance of this contract. 3. THIS AGREEMENT MAY NOT BE ASSIGNED IN WHOLE OR IN PART BY EITHER PARTY WITHOUT THE WRITTEN CONSENT OF THE OTHER PARTY. 4. ALL TIMBER INCLUDED IN this contract remains the property of the seller until full payment. 5.

SELLER WARRANTS OWNERSHIP BOUNDARIES THAT ARE MARKED OR OTHERWISE MARKED. The seller also guarantees that the seller has the right and ownership of the wood contained in this sale. 6. WHERE THE CUT PRODUCTS ARE MODULATED, the Buyer undertakes to pay or the Seller undertakes to reimburse, within thirty (30) days of the end of the harvest, any difference in value from the initial payment on the basis of the actual scale at the rates indicated in Section V. 7. THE SELLER SHALL REIMBURSE ANY PERFORMANCE GUARANTEE OR inform the Buyer of its intention to withhold this deposit within thirty (30) days of the expiry of the sale. Seller may suspend or cancel any transaction for breach of any provision of this Agreement by Buyer and, for any reason, withhold all deposited funds. 8. All duties on the remaining products, cut or uncut, decrease at the expiration of the sale to the seller. 8. Safety Protocol: The Buyer undertakes to keep and keep at all times at the place of harvest a daily loading sheet which is displayed in the form of an Annex “B” and which is provided by the Seller or his representative. .

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