Common use of Distribution of Reserve Clause in Contracts

Distribution of Reserve. 23 If the Board determines that the ACE in the Reserve will not be fully harvested by April 1 by the 24 Participating Vessels, the Board shall vote to either carry forward the remaining ACE into the 25 next fishing year or to authorize the harvesting of the reserve by the Members and their 26 Participating Vessels.

Distribution of Reserve. 23 If the Board determines that the ACE in the Reserve pursuant to Section 4.2 will not be fully harvested by April 1 by the 24 Participating Vessels, the Board shall vote to either carry forward the remaining ACE into the 25 next fishing year or to authorize the harvesting of the reserve by the Members Members, their Permits and their 26 Participating Vessels.

Distribution of Reserve. 23 24 If the Board determines that the Sector’s ACE in the Reserve will not be fully harvested by April 1 February 1st by the 24 25 Participating Vessels, the Board shall vote to either carry forward the remaining ACE into the 25 26 next fishing year or to authorize the harvesting of the reserve by the Members and their 26 27 Participating Vessels.