Common use of ANNUAL CATCH ENTITLEMENT Clause in Contracts

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 members agree that once an annual ACE is reached no member will fish commercially with any 4 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 under plan within the applicable area(s): except in those situations where a member is participating 6 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 document has been approved by NMFS. The Sector members may resume fishing activities if 8 additional ACE is secured through inter-sector ACE transfer.

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 12 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 13 members agree that once an annual ACE is reached no member will fish commercially with any 4 14 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 15 under plan within the applicable area(s): except in those situations where a member is participating 6 16 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 1 document has been approved by NMFS. The Sector members may resume fishing activities if 8 2 additional ACE is secured through inter-sector ACE transfer.

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 14 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 15 members agree that once an annual ACE is reached no member will fish commercially with any 4 16 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 17 under plan within the applicable area(s): except in those situations where a member is participating 6 18 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 19 document has been approved by NMFS. The Sector members may resume fishing activities if 8 20 additional ACE is secured through inter-sector inter‐sector ACE transfer.

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 4 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 5 members agree that once an annual ACE is reached no member will fish commercially with any 4 6 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 7 under plan within the applicable area(s): except in those situations where a member is participating 6 8 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 9 document has been approved by NMFS. The Sector members may resume fishing activities if 8 10 additional ACE is secured through inter-sector ACE transfer.

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 15 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 1 members agree that once an annual ACE is reached no member will fish commercially with any 4 2 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 3 under plan within the applicable area(s): except in those situations where a member is participating 6 4 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 5 document has been approved by NMFS. The Sector members may resume fishing activities if 8 6 additional ACE is secured through inter-sector ACE transfer.

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 2 12 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 3 13 members agree that once an annual ACE is reached no member will fish commercially with any 4 14 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 5 15 under plan within the applicable area(s): except in those situations where a member is participating 6 16 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 7 17 document has been approved by NMFS. The Sector members may resume fishing activities if 8 18 additional ACE is secured through inter-sector inter‐sector ACE transfer.