Liquidated Damages Base Value and Multiplier Adoption Sample Clauses

Liquidated Damages Base Value and Multiplier Adoption. Not less than 30 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 31 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 1 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 2 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 3 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 4 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 5 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 6 harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate 7 of the losses that the Sector and its Members could be expected to suffer as a result of such breaches.
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Liquidated Damages Base Value and Multiplier Adoption. Not less than sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may take into account both the direct costs and the opportunity costs associated with an over‐harvest of the relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐harvest of a Member’s Harvest Share, which shall be based on the Enforcement Committee’s estimate of the losses that the Sector and its Members could be expected to suffer as a result of such breaches. Because the damages suffered by one or more other Sector Members as the result of a Member harvesting an amount of Sector ACE in excess of its Harvest Share are likely to substantially exceed the market value of the excess harvest, the Base Value multipliers shall not be less than three (3). Upon the Enforcement Committee’s adoption of Base Values and Base Value multipliers, such Base Values and Base Value multipliers will be the basis for calculation of damages for unreconciled Harvest Share overages.
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Liquidated Damages Base Value and Multiplier Adoption. Not less than 2 sixty (60) days prior to each annual Season Opening Date, the Manager shall establish the market value 3 of an unprocessed pound of each Allocated Species (each such value being a “Base Value”), and transmit 4 such Base Values to the Enforcement Committee. In establishing such Base Values, the Manager may 5 take into account both the direct costs and the opportunity costs associated with an over‐harvest of the 6 relevant species. Not less than thirty (30) days prior to each annual Season Opening Date, the 7 Enforcement Committee, in consultation with the Manager, shall adopt Base Values and Base Value 8 multipliers, and the liquidated damages amounts for breaches of this Agreement other than over‐ 12 harvesting an amount of Sector ACE in excess of its Harvest Share are likely to substantially exceed the 13 market value of the excess harvest, the Base Value multipliers shall not be less than three (3). Upon the 14 Enforcement Committee’s adoption of Base Values and Base Value multipliers, such Base Values and 15 Base Value multipliers will be the basis for calculation of damages for unreconciled Harvest Share 16 overages.
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Liquidated Damages Base Value and Multiplier Adoption. Not less than
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Liquidated Damages Base Value and Multiplier Adoption. Not Applicable 20 since there will be no‐active vessels in FY 2018
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Related to Liquidated Damages Base Value and Multiplier Adoption

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

  • Minimum Call-Back Time All employees who are called out and required to work in an emergency outside their regular working hours shall be paid for a minimum of two (2) hours at overtime rates and shall be paid from the time they leave home to report for duty until the time they arrive back upon proceeding directly from work.