Common use of Liquidated Damages Base Value and Multiplier Adoption Clause in Contracts

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ over- 6 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 23 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 24 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), ) and transmit 1 25 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 26 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 27 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 28 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 29 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 30 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 31 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 14 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 15 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 16 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 17 into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 18 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 19 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 20 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 21 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 22 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 22 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 23 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 24 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 25 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 26 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 27 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 28 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 29 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 30 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 24 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 25 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 26 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 27 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 28 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 29 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 30 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 31 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 1 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), ) and transmit 1 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ over- 6 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 27 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 28 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 29 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 30 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 31 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 1 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 2 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 3 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 4 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 2 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 3 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 4 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 5 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 6 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 7 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 8 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 9 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 10 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 25 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 26 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 27 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 28 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 29 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 30 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 31 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 1 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 2 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 20 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 21 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 22 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 23 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 24 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 25 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 26 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 27 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 28 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 23 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 24 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 25 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 26 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 27 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 28 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 29 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 30 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 31 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 5 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 6 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 7 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 8 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 9 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 10 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 11 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 12 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 13 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 14 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 15 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 16 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 17 into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 18 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 19 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 20 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 21 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 22 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 18 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 19 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 20 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 21 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 22 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 23 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 24 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 25 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 26 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 15 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 16 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 17 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 18 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 19 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 20 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 21 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 22 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 23 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 20 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 21 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 22 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 23 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 24 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 25 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 26 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 27 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 28 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 12 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 13 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 14 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 15 into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 16 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 17 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 18 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 19 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 20 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 2 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 3 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), ) and transmit 1 4 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 5 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 6 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 7 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 8 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 9 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 10 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 22 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 23 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 24 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 25 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 26 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 27 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 28 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 29 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 30 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 4 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 5 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 6 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 7 into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 8 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 9 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 10 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 11 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 12 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 14 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 15 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 16 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 17 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 18 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 19 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 20 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 21 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 22 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 16 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 17 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 18 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 19 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 20 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 21 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 22 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 23 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 24 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 15 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 16 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 17 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 18 into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 19 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 20 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 21 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 22 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 23 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 28 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 29 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 30 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 31 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 1 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 2 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 3 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 4 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 5 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) 15 days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an 16 unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such 17 Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take 18 into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 19 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 20 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 21 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 over- 22 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 23 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 20 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 21 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 22 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 23 take into account both the direct costs and the opportunity costs associated with an over‐harvest over-harvest of the 3 24 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 25 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 27 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 28 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.