Common use of ACE and Annual Distribution Clause in Contracts

ACE and Annual Distribution. 7 Each Member agrees that the ACE of multispecies authorized by NMFS to the Sector 8 (the “ACE”) shall be harvested in accordance with the Harvesting Rules, which are set 9 forth below. Individual sector members will be allocated a portion of the Sector’s total 10 allocation based on the proportion of each stock that they contribute to the Sector’s initial 11 ACE.

Appears in 12 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

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ACE and Annual Distribution. 7 Each Member agrees that the ACE of multispecies authorized by NMFS to the Sector 8 (the “ACE”) shall be harvested in accordance with the Harvesting Rules, which are set 9 forth below. Individual sector members will be allocated a portion of the Sector’s total 10 allocation based on the proportion of each stock that they contribute to the Sector’s initial 11 ACE.

Appears in 7 contracts

Samples: Sustainable Harvest, Sustainable Harvest, Membership Contract

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ACE and Annual Distribution. 6 7 Each Member agrees that the ACE of multispecies authorized by NMFS to 8 the Sector 8 (the “ACE”) shall be harvested in accordance with the 9 Harvesting Rules, which are set 9 forth below. Individual sector members 10 will be allocated a portion of the Sector’s total 10 allocation based on the 11 proportion of each stock that they contribute to the Sector’s initial 11 ACE.

Appears in 2 contracts

Samples: Membership Contract, Membership Contract

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