NUMBER OF VESSELS Sample Clauses

NUMBER OF VESSELS. This Agreement entitles Cotton Club to dock no more than one (1) casino vessel at the Yacht Club. However, Cotton Club shall be permitted to furnish and position one or more additional vessels to be owned by Yacht Club across the front of Cotton Club’s and Yacht Club’s vessels for use in boarding those vessels.
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NUMBER OF VESSELS. By the Ninth Annual Meeting of the PNA in Nauru in April 1990, a provisional limit had been set of 164 purse seine vessels that could be licensed in the region, with vessel numbers allocated by flag with an additional allocation for domestic and foreign, but locally based vessels. This number was progressively increased at annual PNA meetings, mainly as a reaction to increasing demand for licenses to be issued by the Parties, particularly to the Taiwanese and Korean fleets. The current vessel capacity level of 205 was reached at the Twelfth Annual Meeting of the PNA in Palau in April 1993 and has not been exceeded to date. Changes in the complexion of the fleet are shown in Table 20. Table 20: Vessels Permitted Under the Palau Arrangement Agreed 4/97 4/99 4/02 4/03 5/04 Multi Lateral Access US Treaty 50 50 29 40 40 Bilateral Foreign Access Japan 35 35 35 35 35 Taiwan 40 40 (+2) 41 41 33 South Korea 29 29 27 27 27 Philippines 10 10 10 10 10 Domestic / Locally Based All Parties 41 41 (-2) 40 45 52 New Bilateral Access European Union 0 0 0 4 4 TOTAL 205 205 183 205 205 Source: Rodwell op cit To give this fleet size some context, the majority of the purse seine fleet is between 50 and 80 m. long, and 1,200 and 2,000 tonnes, with the largest vessel approximately 90 m. in length and 2,400 GT. The Palau Arrangement received little support from distant water fishing nations, particularly Japan, as these nations had no say in the decision making process. However, the importance of access to the EEZs of the Parties to the Palau Arrangement in the purse seine fishery meant that the scheme could be effectively implemented. The PNA and the Parties to the Palau Arrangement have met annually to review vessels numbers. In addition to the revisions that saw the limit rise from 164 vessels to 205 vessels, a major change was made at the 13th Annual Meeting of PNA in Honiara in April 1994. At that meeting it was agreed to substantially revise vessel numbers reducing by 10% the number of bilateral licenses available to each DWFN and to increase the number of licenses assigned to the ““domestic/locally based”” category by an equivalent amount.
NUMBER OF VESSELS. 1. See Attachment 1 to this Operating Plan.

Related to NUMBER OF VESSELS

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

  • Number of Units The Participant is granted the number of RSUs as specified in the Participant’s account under the 0000 XXX grant, administered by Fidelity Investments or any successor thereto (“Fidelity”). A RSU is a hypothetical share of Verizon’s common stock. The value of a RSU on any given date shall be equal to the closing price of Verizon’s common stock on the New York Stock Exchange (“NYSE”) as of such date. A Dividend Equivalent Unit (“DEU”) or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon’s common stock. The amount of each DEU shall be equal to the corresponding dividend paid on a share of Verizon’s common stock. The DEU shall be converted into RSUs or fractions thereof based upon the closing price of Verizon’s common stock traded on the NYSE on the dividend payment date of each declared dividend on Verizon’s common stock, and such RSUs or fractions thereof shall be added to the Participant’s RSU balance. To the extent that Fidelity or the Company makes an error, including but not limited to an administrative error with respect to the number or value of the RSUs granted to the Participant under this Agreement, the DEUs credited to the Participant’s account or the amount of the final award payment, the Company or Fidelity specifically reserves the right to correct such error at any time and the Participant agrees that he or she shall be legally bound by any corrective action taken by the Company or Fidelity.

  • Aircraft Basic Price The Aircraft Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement.

  • Maximum number of Utilisations (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation:

  • Number, etc Unless the context otherwise requires, words importing the singular shall include the plural and vice versa and words importing any gender shall include all genders.

  • Number of Votes With respect to all meetings of stockholders of Parent at which holders of Parent Common Shares are entitled to vote (each, a “Parent Meeting”) and with respect to all written consents sought by Parent from its stockholders including the holders of Parent Common Shares (each, a “Parent Consent”), each Beneficiary shall be entitled to instruct Trustee to cast and exercise one of the votes comprised in the Voting Rights for each Exchangeable Share owned of record by such Beneficiary on the record date established by Parent or by applicable law for such Parent Meeting or Parent Consent, as the case may be (the “Beneficiary Votes”), in respect of each matter, question, proposal or proposition to be voted on at such Parent Meeting or in connection with such Parent Consent.

  • Limit on Number of Partners Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.

  • Number of Warrant Shares Simultaneously with any adjustment to the Exercise Price pursuant to this Section 9, the number of Warrant Shares that may be purchased upon exercise of this Warrant shall be increased or decreased proportionately, so that after such adjustment the aggregate Exercise Price payable hereunder for the adjusted number of Warrant Shares shall be the same as the aggregate Exercise Price in effect immediately prior to such adjustment.

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