Common use of Rule of Three Requirement Clause in Contracts

Rule of Three Requirement. Amendment 16 to the NE multispecies FMP 8 defines a sector as a group of three or more persons, none of whom have an ownership interest in the 9 other two persons in the sector. This criterion has been fulfilled with permit # 149675 under the distinct 10 ownership of F/V EMILIE INC., permit # 150666 under the distinct ownership of Boston Sustainable 11 Fishing Preservation Fund., and permit # 150592 under the distinct ownership of The Gloucester Fishing 12 Community Preservation Fund, Inc. Documentation of fulfillment of this criterion for FY 2016 will be 13 located in Exhibit I of this Agreement and will be furnished by the Sector in accordance with NMFS 14 guidance and schedule pertaining to bi‐annual operation plan submission.

Rule of Three Requirement. Amendment 16 to the NE multispecies FMP 8 defines a sector as a group of three or more persons, none of whom have an ownership interest in the 9 other two persons in the sector. This criterion has been fulfilled with permit # 149675 under the distinct 10 ownership of F/V EMILIE INC., permit # 150666 under the distinct ownership of Boston Sustainable 11 Fishing Preservation Fund., and permit # 150592 under the distinct ownership of The Gloucester Fishing 12 Community Preservation Fund, Inc. Documentation of fulfillment of this criterion for FY 2016 2020 will be 13 located in Exhibit I of this Agreement and will be furnished by the Sector in accordance with NMFS 14 guidance and schedule pertaining to bi‐annual bi-annual operation plan submission.

Rule of Three Requirement. Amendment 16 to the NE multispecies FMP 8 defines a sector as a group of three or more persons, none of whom have an ownership interest in the 9 other two persons in the sector. This criterion has been fulfilled with permit # 149675 under the distinct 10 ownership of F/V EMILIE INC., permit # 150666 under the distinct ownership of Boston Sustainable 11 Fishing Preservation Fund., and permit # 150592 under the distinct ownership of The Gloucester Fishing 12 Community Preservation Fund, Inc. Documentation of fulfillment of this criterion for FY 2016 2024 will be 13 located in Exhibit I of this Agreement and will be furnished by the Sector in accordance with NMFS 14 guidance and schedule pertaining to bi‐annual bi-annual operation plan submission.