Spits and Low-Profile Beaches Sample Clauses

Spits and Low-Profile Beaches. Flat shoreline areas or spits extending out from the shoreline that consist of broken rock, cobble beaches, or coarse sediment and gravel. Sloped to steep shorelines consisting of large rocks, boulders, or seacliffs. Water column and benthic areas less than 50 meters deep with either sediment or xxxxx xxxxxxx. Underwater areas greater than 50 meters deep consisting of mostly a sediment bottom. Water column or pelagic zone in deep water areas where influences from land are lessened. Intertidal mud, xxxxx xxxxxx, and gravel entrances to streams and rivers and upstream areas influenced by tidal flows.
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Spits and Low-Profile Beaches. These habitats occur along xxxxx mud and gravel shores. The intertidal plants and animals are similar, but are less abundant, than in the steeper rocky areas (XxXxx and Xxxxxx, 1969). Spits occur at the mouth of Sawmill Creek, Xxxxx Bay, Gold Creek, and at Xxxxxx Spit in the Duck Flats (now the container dock). Beaches are formed at areas adjacent to creeks such as Five Mile, Sawmill, and Gold Creeks. Gulls are frequently sighted on spits (Xxxxx and Colgate, 1980). Otters forage along some of these habitats especially where mussel beds have formed. Examples of receptors and their probable activity in this habitat are listed in Table 5-9.

Related to Spits and Low-Profile Beaches

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If the General Partner is removed by the Unitholders under circumstances where Cause exists or if the General Partner withdraws under circumstances where such withdrawal violates this Agreement, and if a successor General Partner is elected in accordance with the terms of Section 11.1 or Section 11.2 (or if the business of the Partnership is continued pursuant to Section 12.2 and the successor General Partner is not the former General Partner), such successor shall have the option, exercisable prior to the effective date of the withdrawal or removal of such Departing General Partner (or, in the event the business of the Partnership is continued, prior to the date the business of the Partnership is continued), to purchase the Combined Interest for such fair market value of such Combined Interest. 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In making its determination, such third independent investment banking firm or other independent expert may consider the then current trading price of Units on any National Securities Exchange on which Units are then listed or admitted to trading, the value of the Partnership’s assets, the rights and obligations of the Departing General Partner, the value of the Incentive Distribution Rights and the General Partner Interest and other factors it may deem relevant. (b) If the Combined Interest is not purchased in the manner set forth in Section 11.3(a), the Departing General Partner (or its transferee) shall become a Limited Partner and its Combined Interest shall be converted into Common Units pursuant to a valuation made by an investment banking firm or other independent expert selected pursuant to Section 11.3(a), without reduction in such Partnership Interest (but subject to proportionate dilution by reason of the admission of its successor). 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(c) If a successor General Partner is elected in accordance with the terms of Section 11.1 or Section 11.2 (or if the business of the Partnership is continued pursuant to Section 12.2 and the successor General Partner is not the former General Partner) and the option described in Section 11.3(a) is not exercised by the party entitled to do so, the successor General Partner shall, at the effective date of its admission to the Partnership, contribute to the Partnership cash in the amount equal to the product of (x) the quotient obtained by dividing (A) the Percentage Interest of the General Partner Interest of the Departing General Partner by (B) a percentage equal to 100% less the Percentage Interest of the General Partner Interest of the Departing General Partner and (y) the Net Agreed Value of the Partnership’s assets on such date. 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