Common use of Length of Member Commitment Clause in Contracts

Length of Member Commitment. 21 Each Member hereby agrees that each of its Permits will remain enrolled in the Sector for 22 the entire fishing year following the date on which such Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that if NMFS shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may be amended, for any fishing 25 year during a Member’s Commitment Period, then the obligation of such Member shall 26 terminate on the last day of the last fishing year for which the Sector’s Operation Plan 27 and Agreement shall have received approval from NMFS.

Appears in 13 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

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Length of Member Commitment. 21 Each Member hereby agrees that each of its Permits and the related Participating Vessels will remain enrolled in the Sector for 22 the entire fishing year following the date on which such Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that if NMFS shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may be amended, for any fishing 25 year during a Member’s Commitment Period, then the obligation of such Member shall 26 terminate on the last day of the last fishing year for which the Sector’s Operation Plan 27 and Agreement shall have received approval from NMFS.

Appears in 7 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

Length of Member Commitment. 21 23 Each Member hereby agrees that each of its Permits and the related Participating Vessels 24 will remain enrolled in the Sector for 22 the entire fishing year following the date on which 25 such Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that 26 if NMFS shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may 27 be amended, for any fishing 25 year during a Member’s Commitment Period, then the 28 obligation of such Member shall 26 terminate on the last day of the last fishing year for 29 which the Sector’s Operation Plan 27 and Agreement shall have received approval from 30 NMFS.

Appears in 3 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

Length of Member Commitment. 21 23 Each Member hereby agrees that each of its Permits and the related Participating Vessels will 24 remain enrolled in the Sector for 22 the entire fishing year following the date on which such 25 Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that if NMFS 26 shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may be amended, for 27 any fishing 25 year during a Member’s Commitment Period, then the obligation of such Member 28 shall 26 terminate on the last day of the last fishing year for which the Sector’s Operation Plan 27 and 29 Agreement shall have received approval from NMFS.. 30

Appears in 2 contracts

Samples: Membership Contract, Membership Contract

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Length of Member Commitment. 21 19 Each Member hereby agrees that each of its Permits and the related Participating Vessels will 20 remain enrolled in the Sector for 22 the entire fishing year following the date on which such 21 Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that if NMFS 22 shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may be amended, for 23 any fishing 25 year during a Member’s Commitment Period, then the obligation of such Member 24 shall 26 terminate on the last day of the last fishing year for which the Sector’s Operation Plan 27 and 25 Agreement shall have received approval from NMFS.. 26

Appears in 1 contract

Samples: Membership Contract

Length of Member Commitment. 21 23 Each Member hereby agrees that each of its Permits and the related Participating Vessels 24 will remain enrolled in the Sector for 22 the entire fishing year following the date on which 25 such Member enrolled in the Sector 23 (the “Commitment Period”); provided, however, that 26 if NMFS shall not approve the 24 Sector’s Operations Plan and Agreement, as the same may 27 be amended, for any fishing 25 year during a Member’s Commitment Period, then the 28 obligation of such Member shall 26 terminate on the last day of the last fishing year for 29 which the Sector’s Operation Plan 27 and Agreement shall have received approval from 30 NMFS.. 31

Appears in 1 contract

Samples: Membership Contract

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