Harvesting Rules and Fishing Plan Sample Clauses

Harvesting Rules and Fishing Plan. The Board may from time to time adopt 20 such restrictions on harvest of the Sector’s ACE as the Board deems necessary to ensure the Sector’s 21 compliance with Amendment 16 and related implementing regulations (such restrictions referred to 22 hereafter as “Harvesting Rules”). The Harvesting Rules are set forth on Exhibit A. Each Active Member 23 shall conduct their harvest of the Sector’s ACE in strict compliance with the Harvesting Rules. Each 24 Member shall exercise their best efforts to ensure such Member’s Harvest Share is harvested in 25 accordance with the Harvesting Rules. The Manager shall annually develop a Sector fishing plan that 26 promotes harvest of the Sector’s ACE in accordance with the Harvesting Rules and shall make the Fishing 27 Plan available to Active Members prior to the commencement of the fishing season.
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Harvesting Rules and Fishing Plan. The Board may from time to time adopt such restrictions on harvest of the Sector’s ACE as the Board deems necessary to ensure the Sector’s compliance with Amendment 16 and related implementing regulations (such restrictions referred to hereafter as “Harvesting Rules”). The Harvesting Rules are set forth on Exhibit C. Each Active Member shall conduct their harvest of the Sector’s ACE in strict compliance with the Harvesting Rules. Each Member shall exercise their best efforts to ensure such Member’s Harvest Share is harvested in accordance with the Harvesting Rules. The Manager shall annually develop a Sector fishing plan that promotes harvest of the Sector’s ACE in accordance with the Harvesting Rules (the “Fishing Plan”), and shall make the Fishing Plan available to Active Members prior to the commencement of the fishing season.
Harvesting Rules and Fishing Plan. The Board may from time to time adopt 5 such restrictions on harvest of the Sector’s ACE as the Board deems necessary to ensure the 6 Sector’s compliance with Amendment 16 and related implementing regulations (such 7 restrictions referred to hereafter as “Harvesting Rules”). The Harvesting Rules are set forth on 8 Exhibit C. Each Member shall conduct their harvest of the Sector’s ACE in strict compliance 9 with the Harvesting Rules. Each Member shall exercise their best efforts to ensure such 10 Member’s Harvest Share is harvested in accordance with the Harvesting Rules. The Manager 11 shall annually develop a Sector fishing plan (the “Fishing Plan”), that promotes harvest of the 12 Sector’s ACE in accordance with the Harvesting Rules, and shall make the Fishing Plan available 13 to Active Members prior to the commencement of the fishing season. However, at this time 14 no active members comprise this sector.
Harvesting Rules and Fishing Plan. The Board may from time to time adopt 11 such restrictions on harvest of the Sector’s ACE as the Board deems necessary to ensure the Sector’s 12 compliance with Amendment 16 and related implementing regulations (such restrictions referred to 13 hereafter as “Harvesting Rules”). While all members enrolled are designated as Non‐Active members, and 14 therefore prohibited from harvesting Sector ACE, they are bound by any and all provisions in the 15 Harvesting Rules that are applicable to all members. The Harvesting Rules are set forth on Exhibit A.

Related to Harvesting Rules and Fishing Plan

  • LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios calculated with reference to Rule 14.07 of the Listing Rules in respect of the capital commitment (including construction land fee) of the Project Company to be established by the Company under the Yanzhou Project Contract exceed 25% but are less than 100%, the entering into of the Yanzhou Project Contract and the transactions contemplated thereunder constitute a major transaction of the Company under Chapter 14 of the Listing Rules and are subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.44 of the Listing Rules, (i) no Shareholder is required to abstain from voting if the Company were to convene a general meeting for the approval of the Yanzhou Project Contract and the transactions contemplated thereunder; and (ii) written approval of the Yanzhou Project Contract and the transactions contemplated thereunder having been obtained from a Shareholder or a closely allied group of Shareholders (who together hold more than 50% of the issued Shares giving the right to attend and vote at a general meeting), the Shareholders’ approval may be obtained by way of written Shareholders’ approval instead of convening a general meeting. To the best knowledge of the Company having made all reasonable enquiries, no Shareholder has a material interest in the Yanzhou Project Contract and the transactions contemplated thereunder. Accordingly, no Shareholder is required to abstain from voting if the Company were to convene a general meeting for the approval of the Yanzhou Project Contract and the transactions contemplated thereunder. As at the date of this announcement, XXXX and Idata, a wholly-owned subsidiary of XXXX, are interested in 17,445,000 Shares and 738,675,000 Shares respectively, and form a closely allied group of Shareholders holding an aggregate of 756,120,000 Shares (representing approximately 50.4% of the total number of Shares in issue). As XXXX and Idata do not have any material interest in the Yanzhou Project Contract and the transactions contemplated thereunder other than through their interests in the Shares, and the Company has obtained written approval from XXXX and Idata, no extraordinary general meeting of the Company will be convened for the purpose of approving the Yanzhou Project Contract and the transactions contemplated thereunder pursuant to Rule 14.44 of the Listing Rules. A circular containing, among other things, (i) details of the Yanzhou Project, the Yanzhou Project Contract and the transactions contemplated thereunder; (ii) the financial information of the Group; and (iii) the business valuation report of the Yanzhou Project will be despatched to the Shareholders in accordance with the Listing Rules on or before 31 January 2020 for information purposes only. On 8 January 2020, the General Administration and Law Enforcement Bureau of Yanzhou District and the Consortium of Beifa Investments entered into the Yanzhou Project Contract, pursuant to which the General Administration and Law Enforcement Bureau of Yanzhou District agreed to grant the concession right of the Yanzhou Project to the Consortium of Beifa Investments, which shall be responsible for the financing, investment, design, construction, operation and maintenance of the Yanzhou Project, and transfer the assets of the Yanzhou Project to the General Administration and Law Enforcement Bureau of Yanzhou District upon the expiry of the concession right. YANZHOU PROJECT CONTRACT Date : 8 January 2020 Parties : Party A : The General Administration and Law Enforcement Bureau of Yanzhou District Party B : Beifa Investments (the leader of the consortium); and Yongyue Environmental (a member of the consortium), collectively the “Consortium of Beifa Investments” Yanzhou Project The Yanzhou Project is located in Yanzhou District, Jining City, Shandong Province, the PRC with a site area of approximately 175,473 sq.m. for the construction of a household waste incineration power plant, including 3 waste grate incineration furnaces (3 setsx500 tonnes/ day), 32 MW (1x20 MW + 1x12 MW) steam turbine generator units, as well as ancillary facilities in the plant area, to provide incineration treatment for household waste deployed by the Yanzhou District and Jining City Government, and to generate electricity from residual heat from waste incineration. Upon completion of the construction of the Yanzhou Project, the waste treatment capacity shall be 1,500 tonnes/day and the annual waste treatment capacity shall be 499,500 tonnes. The Yanzhou Project has been approved by the People’s Government of Yanzhou District, Jining City, Shandong Province of the PRC or relevant approval authorities for planning, feasibility study, project approval and environmental assessment. According to the feasibility study report of the Yanzhou Project and preliminary estimation, the total estimated investment of the Yanzhou Project is approximately RMB808,214,600 (equivalent to approximately HK$904,691,000), of which the construction land fee is estimated to be approximately RMB72,630,000 (equivalent to approximately HK$81,300,000). Concession right As agreed in the Yanzhou Project Contract and authorised by the People’s Government of Yanzhou District, Jining City, Shandong Province of the PRC, the General Administration and Law Enforcement Bureau of Yanzhou District granted the Consortium of Beifa Investments and the Project Company it formed the concession right to implement the Yanzhou Project under the build-operate-transfer (BOT) model, including:

  • Contract Work Hours and Safety Standards Act The following clauses apply to any Federal-aid construction contract in an amount in excess of $100,000 and subject to the overtime provisions of the Contract Work Hours and Safety Standards Act. These clauses shall be inserted in addition to the clauses required by 29 CFR 5.5(a) or 29 CFR 4.6. As used in this paragraph, the terms laborers and mechanics include watchmen and guards.

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