Discard Rate Clause Samples

Discard Rate. Sector will commence operations (when approved through the federal rule making process) for FY 2010 with discard rates provided by NMFS and will apply in-season discard rates as provided by NMFS via their “Sector Information Management’ web portal. The members of the Sector agree that discards will be calculated as directed by NMFS. The resulting Sector-specific discard rate will be applied to all Sector trips.
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Discard Rate. 33 The Sector Manager will apply a sector-specific discard rate to all trips as calculated and 34 provided by NMFS.
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Discard Rate. 5 The Sector manager (or his designated representative) will derive stock specific discards for 6 each trip. If the trip is observed by either an ASM or a NEFOP observer, discards will be 7 derived based on data collected during that trip and will account for all hauls (observed and 8 unobserved) on that trip. If the trip is not observed, discards will be derived using the NMFS- 9 provided discard rate resulting from the NMFS (peer-reviewed and approved) method to estimate 10 'in-season' discard rates. 11 12 The TSS will commence operations (when approved through the federal rule making process) for 13 FY 2011 with discard rates provided by NMFS and will apply in-season discard rates as 14 provided by NMFS. 16 The members of the Sector agree that discards will be calculated as directed by NMFS. The 17 resulting Sector-specific discard rate will be applied to all Sector trips. 18
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Discard Rate. The Tri State Sector’s Sector Manager will apply a sector specific assumed discard rate to all trips as calculated and reported by NMFS. Hot Spot Reporting (areas of high bycatch of allocated species)
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Discard Rate. The Sector Manager will use NMFS-provided stock specific ‘assumed’ discard rates for all Sector trips that are not observed by a NEFOP observer. “The Sector manager (or his/her designated representative) will derive stock specific discards for each trip. If the trip is observed by either an ASM or a NEFOP observer, discards will be derived based on data collected during that trip and will account for all hauls (observed and unobserved) on that trip. If the trip is not observed, discards will be derived using the NMFS-provided discard rate resulting from the NMFS method to estimate 'in-season' discard rates.” The members of the Sector agree that discards will be calculated as directed by NMFS. The resulting Sector-specific discard rate will be applied to all Sector trips.
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Related to Discard Rate

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

  • Base Rate The greater of (a) the fluctuating annual rate of interest announced from time to time by the Agent at the Agent’s Head Office as its “prime rate” or (b) one half of one percent (0.5%) above the Federal Funds Effective Rate. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

  • Supported wage rates Employees to whom this clause applies shall be paid the applicable percentage of the minimum rate of pay prescribed by this Agreement for the class of work which the person is performing according to the following schedule: * (Provided that the minimum amount payable shall be not less than $45 per week). Where a person’s assessed capacity is 10%, they shall receive a high degree of assistance and support.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.