Individual Permit Transfers Clause Samples
Individual Permit Transfers. 10 Each Member agrees that so long as it is a party to this Agreement, such Member 11 shall not have the authority to sell, lease or transfer the ownership of its Permit or the 12 right to harvest any portion or all of the Permit’s individual harvest share (share) to a 13 party that is not bound by the Agreements binding members of Sustainable Harvest 14 Sectors I (SHS1), II (SHS2), and III (SHS3) for the remainder of the fishing year in 15 which such sale, lease or transfer is to occur,
16 1. shall not transfer, lease or assign any DAS allocated to its Permit by NMFS to any 17 permit that is not enrolled in a Sector (meaning any sector, not specifically SHS1) 18 and
19 2. shall comply with the right of first refusal provisions hereof prior to the 20 consummation of any proposed sale, lease or transfer permitted hereunder.
Individual Permit Transfers. Each Member agrees that so long as it is a party to this Agreement, such Member shall not have the authority to sell, lease or transfer the ownership of its Permit or the right to harvest any portion or all of the Permit’s individual harvest share (share) to a party that is not bound by the Agreements binding members of Sustainable Harvest Sectors I (SHS1) and III (SHS3) for the remainder of the fishing year in which such sale, lease or transfer is to occur, 1. shall not transfer, lease or assign any DAS allocated to its Permit by NMFS to any permit that is not enrolled in a Sector (meaning any sector, not specifically SHS3) and
Individual Permit Transfers. 16 Each Member agrees that so long as it is a party to this Agreement, such Member 17 shall not have the authority to sell, lease or transfer the ownership of its Permit or the 18 right to harvest any portion or all of the Permit’s individual harvest share (share) to a 19 party that is not bound by the Agreements binding members of Sustainable Harvest 20 Sectors I (SHS1), II (SHS2), and III (SHS3) for the remainder of the fishing year in 21 which such sale, lease or transfer is to occur,
Individual Permit Transfers. 5 Each Member agrees that so long as it is a party to this Agreement, such Member 6 shall not have the authority to sell, lease or transfer the ownership of its Permit to a party that is 7 not bound by this Agreement for the remainder of the fishing year in which such sale, lease or 8 transfer is to occur;
9 1. Members shall not transfer, lease or assign any DAS allocated to its Permit by NMFS to 10 any non-Sector permit; and
11 2. Members shall comply with the right of first refusal provisions prior to the consummation 12 of any proposed sale, lease or transfer permitted hereunder. 13
Individual Permit Transfers. 5 Each Member agrees that so long as it is a party to this Agreement, such Member 6 shall not have the authority to sell, lease or transfer the ownership of its Permit or 7 the right to harvest any portion or all of the Permit’s individual harvest share (share) to a 8 party that is not bound by the Agreements binding members of Hook Sector for the 9 remainder of the fishing year in which such sale, lease or transfer is to occur,
10 1. shall not transfer, lease or assign any DAS allocated to its Permit by NMFS to 11 any permit that is not enrolled in any Sector and
12 2. shall comply with the right of first refusal provisions hereof prior to the 13 consummation of any proposed sale, lease or transfer permitted hereunder. 14
Individual Permit Transfers. 5 Each Member agrees that so long as it is a party to this Agreement, such Member 6 shall not have the authority to sell, lease or transfer the ownership of its Permit to a party that is 7 not bound by this Agreement for the remainder of the fishing year in which such sale, lease or 8 transfer is to occur;