Common use of Fourth Priority Clause in Contracts

Fourth Priority. To the extent that appropriations are available after ap- plying the first priority in § 296.20, the second priority in § 296.21, and the third priority in paragraph (a) of this sec- tion, the fourth priority is for any other vessel that is eligible to be in- cluded in an MSP Operating Agreement under § 296.11(a).

Appears in 5 contracts

Samples: MSP Operating Agreement, MSP Operating Agreement, MSP Operating Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!