Liquidated Damages Schedule and Schedule Amendments. The loss, costs and damages which may be suffered or incurred by Members as the result of any Member harvesting Sector ACE in excess of the amount such Member is authorized to harvest under this Agreement, or otherwise breaching this Agreement, will be difficult to calculate. The loss, costs and damages the Members and the Sector could suffer as the result of a Member harvesting more Sector ACE than its Harvest Share, or otherwise breaching this Agreement, are likely to substantially exceed the market value of the excess harvest. Consequently, the Sector may impose and assess upon any breaching Member the liquidated damages amounts as established under Section 10.3, below.
Liquidated Damages Schedule and Schedule Amendments. The loss, costs 14 and damages which may be suffered or incurred by Members as the result of any Member harvesting 15 Sector ACE in excess of the amount such Member is authorized to harvest under this Agreement, or 16 otherwise breaching this Agreement, will be difficult to calculate. The loss, costs and damages the 17 Members and the Sector could suffer as the result of a Member harvesting more Sector ACE than its 18 Harvest Share, or otherwise breaching this Agreement, are likely to substantially exceed the market
Liquidated Damages Schedule and Schedule Amendments. Not Applicable 8 since there will be no‐active vessels in FY 2018
Liquidated Damages Schedule and Schedule Amendments