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What is commitment of IFQ or IPQ?

commitment ifq ipq
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What is commitment of IFQ or IPQ?

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A harvester commits Class A IFQ to an IPQ holder by notifying the IPQ holder. This commitment provides an assurance that a Class A IFQ holder has a processor with matching IFQ to deliver their crab. When IFQ is committed to an IPQ holder, that IPQ holder cannot use the IPQ that has been committed for processing another IFQ holders crab. A commitment lasts unless both parties choose to terminate it.

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