Common use of Additional Measures to Prevent ACE Overages Clause in Contracts

Additional Measures to Prevent ACE Overages. 25 The Board reserves the right to prohibit fishing activities by Members if it determines 26 that those activities undermine or compromise the Sector Plan and the Sector or 27 otherwise conflict with the standards and ethics described in the bylaws and guiding 28 principles. 30 The Board may direct the Sector Manager to lease or trade for additional ACE of any 31 stocks of concern. 33 The Board may impose additional restrictions as needed to slow down the pace of 34 fishing. 36 The Sector Manager may issue (and ask NMFS to enforce) a ‘Stop Fishing Order’ to (a) 37 any member vessels that has fished more than 95% of its individual allocation for any 38 stock until additional allocation for that stock has been acquired or the member has 39 agreed to not fish in that stock area for the rest of the fishing year, or (b) any member 40 vessels that are in violation of any terms of the sector operations plan or membership 41 agreement. 42

Appears in 6 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

AutoNDA by SimpleDocs

Additional Measures to Prevent ACE Overages. 25 26 27 The Board reserves the right to prohibit fishing activities by Members if it 28 determines 26 that those activities undermine or compromise the Sector Plan 29 and the Sector or 27 otherwise conflict with the standards and ethics 30 described in the bylaws and guiding 28 principles. 30 31 32 The Board may direct the Sector Manager to lease or trade for additional 33 ACE of any 31 stocks of concern. 33 34 35 The Board may impose additional restrictions as needed to slow down the 36 pace of 34 fishing. 36 37 38 The Sector Manager may issue (and ask NMFS to enforce) a ‘Stop Fishing 39 Order’ to (a) 37 any member vessels that has fished more than 95% of its 40 individual allocation for any 38 stock until additional allocation for that stock 41 has been acquired or the member has 39 agreed to not fish in that stock area 42 for the rest of the fishing year, or (b) any member 40 vessels that are in 43 violation of any terms of the sector operations plan or membership 41 44 agreement. 42.

Appears in 3 contracts

Samples: Membership Contract, Membership Contract, Membership Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.