Common use of Sector ACE Reserve Clause in Contracts

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 discretion, establish a reserve of each Groundfish species in order to ensure that the Sector 29 remains in compliance with its Sector ACE limit; provided, however, that such reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 discretion, establish a reserve of each Groundfish species in order to ensure that the Sector 29 remains in compliance with its Sector ACE limit; provided, however, that such reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 41 discretion, establish a reserve of each Groundfish species in order to ensure that the 42 Sector 29 remains in compliance with its Sector ACE limit; provided, however, that such 43 reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve 44 shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the 1 Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly 2 quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 36 discretion, establish a reserve of each Groundfish species in order to ensure that the Sector 29 Xxxxxx 00 remains in compliance with its Sector ACE limit; provided, however, that such reserve shall not 30 38 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve shall be deducted from 31 39 the Sector ACE before such Sector ACE is distributed among the Members, their Permits and 32 40 their Participating Vessels through Individual ACE, monthly quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 discretion, establish a reserve of each Groundfish species in order to ensure that the Sector 29 Xxxxxx 00 remains in compliance with its Sector ACE limit; provided, however, that such reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 40 discretion, establish a reserve of each Groundfish species in order to ensure that the 41 Sector 29 remains in compliance with its Sector ACE limit; provided, however, that such 42 reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve 43 shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the 44 Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly 45 quota targets, or otherwise.

Sector ACE Reserve. Each Member agrees that the Board may, in its sole 28 34 discretion, establish a reserve of each Groundfish species in order to ensure that the 35 Sector 29 remains in compliance with its Sector ACE limit; provided, however, that such 36 reserve shall not 30 exceed 10 percent (10%) of the Sector ACE. The amount of the reserve 37 shall be deducted from 31 the Sector ACE before such Sector ACE is distributed among the 38 Members, their Permits and 32 their Participating Vessels through Individual ACE, monthly 39 quota targets, or otherwise.