Harvest Share Use Sample Clauses
The Harvest Share Use clause defines how the products or proceeds from a harvest are to be divided and utilized among the parties involved. Typically, this clause outlines the percentage or portion of the harvest each party is entitled to, and may specify permitted uses, such as sale, personal consumption, or further processing. Its core function is to ensure clarity and prevent disputes by establishing clear expectations regarding the distribution and use of harvested goods.
Harvest Share Use is administrative except to the extent that it applies to the 17 Sector managers ability to impose and utilize legal means to recover Liquated damages as 18 authorized in section §10.10 of this agreement, in which case NMFS enforcement procedures 19 may apply.
Harvest Share Use. Only Members that notify the Manager in writing on or 24 before [INSERT DATE] (the “Notification Date”), and on or before any succeeding Notification Dates 25 established by the Board for FY 2017 and FY 2018 thereafter of their intention to harvest Sector ACE
Harvest Share Use. Only Members that notify the Manager in writing on or before December 31, 2009 (the “Notification Date”), and on or before succeeding Notification Dates established by the Board for 2010 and thereafter of their intention to harvest Sector ACE (“Active Members”) may harvest Sector ACE. Each Member’s notice that such Member intends to harvest Sector ACE shall identify the vessels which will be used for such harvest. Non‐active Members shall not harvest Sector ACE, including without limitation, their own Harvest Share. No Active Member shall harvest an amount of Sector ACE in excess of their Harvest Share. Harvest of each Member's Harvest Share shall be subject to all NMFS and other management regulations generally applicable to the Sector’s ACE (including but not limited to seasonal apportionments and area harvest restrictions) on a discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested in any season or area than the percentage of the related Sector ACE allocation permitted to be harvested in such season or area. The Manager may impose and enforce additional restrictions on each Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.
Harvest Share Use. Section 7.2 is administrative except to the extent that it applies to the 17 Sector managers ability to impose and utilize legal means to recover Liquated damages as 18 authorized in section §10.10 of this agreement, in which case NMFS enforcement procedures 19 may apply.
Harvest Share Use. This Sector is comprised of non-active Members only, 10 who shall not harvest Sector ACE, including without limitation, their own Harvest Share. Members may 11 transfer (lease) harvest share between members and the sector manager will execute transfers of sector 12 ACE through inter-sector leasing.
Harvest Share Use. Only Members that notify the Manager in writing on or before 19 December 3, 2012 (the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2013 and thereafter of their intention to harvest Sector ACE (“Active 21 Members”) may harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall identify the vessels which will be used for such harvest. Non‐active Members shall not 23 harvest Sector ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount of Sector ACE in excess of their Harvest Share. Harvest of each Member's Harvest 25 Share shall be subject to all NMFS and other management regulations generally applicable to the 27 discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested 28 in any season or area than the percentage of the related Sector ACE allocation permitted to be 29 harvested in such season or area. The Manager may impose and enforce additional restrictions on each 30 Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.
Harvest Share Use. This Sector is comprised of non-active Members only, 12 ACE through inter-sector leasing.
Harvest Share Use. Only Members that notify the Manager in writing on or before 19 December 3, 2014(the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2014 and thereafter of their intention to harvest Sector ACE (“Active 21 Members”) may harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall identify the vessels which will be used for such harvest. Non-Active Members shall not 23 harvest Sector ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount of Sector ACE in excess of their Harvest Share. Harvest of each Active Member’s 25 Harvest Share shall be subject to all NMFS and other management regulations generally applicable to 26 the Sector’s ACE (including but not limited to seasonal apportionments and area harvest restrictions) on 27 a discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be 28 harvested in any season or area than the percentage of the related Sector ACE allocation permitted to 29 be harvested in such season or area. The Manager may impose and enforce additional restrictions on 30 each Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.
Harvest Share Use. This Sector is comprised of non‐active Members only, who 11 sector ACE through inter‐sector leasing. Additionally, the sector may participate in the post‐year transfer 12 of fishing year 2017 ACE to balance overages following the end of fishing year 2017.