ACE Limit Sample Clauses

ACE Limit. The Members agree that they will not harvest more Groundfish than their 21 Individual ACE and that they will not collectively harvest more Groundfish than the Sector ACE 22 for allocated species. Once a Member’s Individual ACE allocation is reached for any species, or 23 if the Sector ACE for any species is reached, such Member or Members shall not fish commercially 24 in that stock area with any fishing gear capable of catching Groundfish unless additional ACE for 25 that species is acquired. Consistent with Amendment 16 and Section 4.09, ACE transfers are 26 allowed within the MCCS and between the MCCS and other sectors, and carryover of up to 10 27 percent of the Sector ACE is permitted.
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ACE Limit. The Members agree that they will not harvest more Groundfish than their Individual ACE and that they will not collectively harvest more Groundfish than the Sector ACE for allocated species. Once a Member’s Individual ACE allocation is reached for any species, or if the Sector ACE for any species is reached, such Member or Members shall not fish commercially in that stock area with any fishing gear capable of catching Groundfish unless additional ACE for that species is acquired. Consistent with Amendment 16 and Section 4.09, ACE transfers are allowed within the PCS and between the PCS and other sectors, and carryover of up to 10 percent of the Sector ACE is permitted.
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Related to ACE Limit

  • Coverage Limits Engineer, at Engineer’s sole cost, shall purchase and maintain during the entire term while this Contract is in effect the following insurance:

  • Liability Limit THE REMEDY IN ANY CLAIM OR SUIT BY YOU AGAINST US WILL BE LIMITED TO DIRECT, ACTUAL DAMAGES, AND NEITHER NEXTERA ENERGY SERVICES OHIO, LLC NOR ANY OF ITS AFFILIATES WILL BE LIABLE FOR CONSEQUENTIAL, SPECIAL, INCIDENTAL, INDIRECT (INCLUDING LOSS OF PROFITS) OR PUNITIVE DAMAGES.

  • Applicable Expense Limit To the extent that the aggregate expenses of every character incurred by a Fund in any fiscal year, including but not limited to investment advisory fees of the Adviser (but excluding interest, expenses incurred under a plan of distribution adopted pursuant to Rule 12b-1 under the 1940 Act, taxes, acquired fund fees and expenses, brokerage commissions, dividend expenses on short sales, and other expenditures which are capitalized in accordance with generally accepted accounting principles and other extraordinary expenses not incurred in the ordinary course of such Fund’s business) (“Fund Operating Expenses”), exceed the Maximum Annual Operating Expense Limit, as defined in Section 1.2 below, such excess amount (the “Excess Amount”) shall be the liability of the Adviser.

  • Annual maximums State Dental Plan coverage is subject to a one thousand dollar ($1,000) annual maximum benefit payable (excluding orthodontia) per person. "Annual" means per insurance year.

  • Umbrella or Excess Liability The Contractor may use an Umbrella, Excess Liability, or similar coverage to supplement the primary insurance stated above in order to meet or exceed the minimum coverage levels required by this Contract.

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