Permit Transfers. 3.04.1. As long as a Member is a party to this Agreement, the Member shall not lease annual catch entitlement, (ACE) or Days At Sea (DAS) or otherwise transfer the use rights in the Member’s Permit to an entity outside of the Sector unless a majority of the Sector Board Members and the Sector Manager provide written consent prior to the effective date of the lease or transfer.
Appears in 4 contracts
Samples: Sector Membership Agreement and Operations Plan, Sector Membership Agreement and Operations Plan, Sector Membership Agreement and Operations Plan