Common use of Distribution of ACE Clause in Contracts

Distribution of ACE. Each member acknowledges that the sector’s ACE is composed of 16 allocations for each northeast multispecies groundfish allocated by Amendment 16 and any 17 subsequent Framework or Amendment. All members will receive a harvest share of sector ACE 18 for all allocated stocks. This harvest share will be comprised of 100 % of their individual ACE 19 based on the PSC associated with all MRIs owned minus any Board adopted and/or voluntary 20 reserve. In addition, any individual overages from the previous fishing year will be deducted 21 from the member’s harvest share.

Distribution of ACE. Each member acknowledges that the sector’s ACE is composed of 16 allocations for each northeast multispecies groundfish allocated by Amendment 16 and any 17 subsequent Framework or Amendment. All members will receive a harvest share of sector ACE 18 for all allocated stocks. This harvest share will be comprised of 100 % of their individual ACE 19 based on the PSC associated with all MRIs owned minus any Board adopted and/or voluntary 20 reserve. In addition, any individual overages from the previous fishing year will be deducted 21 from the member’s harvest share.

Distribution of ACE. Each member acknowledges that the sector’s ACE is composed of 16 20 allocations for each northeast multispecies groundfish allocated by Amendment 16 and any 17 21 subsequent Framework or Amendment. All members will receive a harvest share of sector ACE 18 22 for all allocated stocks. This harvest share will be comprised of 100 % of their individual ACE 19 23 based on the PSC associated with all MRIs owned minus any Board adopted and/or voluntary 20 24 reserve. In addition, any individual overages from the previous fishing year will be deducted 21 25 from the member’s harvest share.