Committed IPQ

Committed IPQ means any IPQ for which the holder of such IPQ has received a commitment of delivery from a holder of Arbitration IFQ such that the Arbitration IFQ is committed IFQ, regardless of whether the Arbitration IFQ and IPQ holders have reached an agreement that specifies the price or other terms for delivery.


50 CFR § 680.2

Scoping language

In addition to the definitions in the Magnuson-Stevens Act, in 50 CFR part 600, and 679.2 of this chapter, the terms used in this part have the following meanings:

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