Common use of ACE Transfer Clause in Contracts

ACE Transfer. 35 Members acknowledge that ACE transfer from the Sector to another sector will only be carried 36 out in a manner authorized by NMFS and in accordance with this Agreement. If a Member seeks 37 to transfer ACE attributed to its permit to another sector, that Member shall submit an ACE 38 transfer request to the Manager at least seven (7) days in advance of the desired transfer 39 date. Transfer requests to be completed sooner than seven (7) days may be accepted by the 40 Manager and approved on a case-by-case basis. Such transfer request must receive approval of 41 the Board and will only be transmitted to NMFS after such Board approval. An ACE transfer from 42 the Sector will only be finalized after NMFS approval and all parties are notified. Any ACE transfer 43 must adhere to any internal transfer policies. This provision should be considered exclusive to 44 the administration of the Sector and would therefore not be subject to NMFS enforcement.

ACE Transfer. 35 Members acknowledge that ACE transfer from the Sector to another sector will only be carried 36 out in a manner authorized by NMFS and in accordance with this Agreement. If a Member seeks 37 to transfer ACE attributed to its permit to another sectorpermit, that Member shall submit an ACE 38 transfer request to the Manager in writing at least seven (7) days in advance of the desired transfer 39 date. Transfer requests to be completed sooner than seven (7) days may will be accepted by the 40 Manager and approved on a case-by-case basis. Such transfer request must receive approval of 41 the Board and will only be transmitted to NMFS after such Board approval. An ACE transfer from 42 the Sector will only be finalized after NMFS approval and all parties are notified. Any ACE transfer 43 must adhere to any internal transfer policies. This provision should be considered exclusive to 44 the administration of the Sector and would therefore not be subject to NMFS enforcement.