Common use of Dealer Reporting Clause in Contracts

Dealer Reporting. Each Member agrees to (i) sell the catch of its Participating Vessels only to a dealer licensed by NMFS and (ii) provide the Sector Manager with a copy of the official dealer weigh out slip at the end of each trip. If the trip was assigned a Dockside monitor, then the official dealer weigh-out slip will be signed by the dockside monitor. Each Member further acknowledges and agrees that (a) it is responsible for ensuring timely reporting in accordance with the provisions of this Section 5.2 and (b) failure to deliver the reports for a Member’s Participating Vessel in accordance with this Section 5.2 shall be deemed a breach of this Agreement by such Member.

Dealer Reporting. Each Member agrees to (i) sell the catch of its Participating Vessels only to a dealer licensed under the Plan by NMFS and (ii) cause any such dealer to provide the Sector Manager with a copy of the official dealer weigh out slip at the end of each trip. If the trip was assigned or other official reporting document required by NMFS on a Dockside monitor, then the official dealer weigh-out slip will be signed by the dockside monitorweekly basis. Each Member further acknowledges and agrees that that (a) it is responsible for ensuring timely dealer reporting in accordance with the provisions of this Section 5.2 5.02 and (b) failure of the dealer to timely deliver the reports for a Member’s Participating Vessel in accordance with this Section 5.2 5.02 shall be deemed a breach of this Agreement by such Member.

Dealer Reporting. Each Member agrees to (i) sell the catch of its Participating Vessels only to a dealer licensed under the Plan by NMFS and (ii) cause any such dealer to provide the Sector Manager with a copy of the official dealer weigh out slip at the end of each trip. If the trip was assigned or other official reporting document required by NMFS on a Dockside monitor, then the official dealer weigh-out slip will be signed by the dockside monitorweekly basis. Each Member further acknowledges and agrees that (a) it is responsible for ensuring timely dealer reporting in accordance with the provisions of this Section 5.2 5.02 and (b) failure of the dealer to timely deliver the reports for a Member’s Participating Vessel in accordance with this Section 5.2 5.02 shall be deemed a breach of this Agreement by such Member.