Common use of Cushioning Clause in Contracts

Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be adjusted upward for the purposes of calculating the Final Individual Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Normal Yield, the actual yield will be cushioned and replaced by 70 percent of the Final Individual Normal Yield for that crop for that year. The cushioned yield will be used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 7 contracts

Samples: Fresh Vegetable Insuring Agreement, Grain Corn Insuring Agreement, Honey Insuring Agreement

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Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be adjusted upward for the purposes purpose of calculating the Final Individual Expected Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Expected Normal Yield, the actual yield will be cushioned and replaced by 70 percent of the Final Individual Expected Normal Yield for that crop for that year. The cushioned yield will be used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 5 contracts

Samples: Insuring Agreement, Insuring Agreement, Hay Insuring Agreement

Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be are adjusted upward for the purposes of calculating the Final Individual Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Normal Yield, the actual yield will be is cushioned and replaced by 70 percent of the Final Individual Normal Yield for that crop for that yearCrop Year. The cushioned yield will be is used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 2 contracts

Samples: Grain Corn Insuring Agreement, Safflower and Sunflower Insuring Agreement

Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be are adjusted upward for the purposes of calculating the Final Individual Normal Yield for a crop. When a crop honey yield is less than 70 percent of the Final Individual Normal Yield, the actual yield will be cushioned and replaced by 70 percent of the Final Individual Normal Yield for that crop for that year. The cushioned yield will be is used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 1 contract

Samples: Honey Insuring Agreement

Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be are adjusted upward for the purposes of calculating the Final Individual Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Normal Yield, the actual yield will be is cushioned and replaced by 70 percent of the Final Individual Normal Yield for that crop for that year. The cushioned yield will be is used to set future Coverage whereas the actual yield is used to calculate an Indemnity.. /

Appears in 1 contract

Samples: Fresh Vegetable Insuring Agreement

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Cushioning. Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be adjusted upward for the purposes purpose of calculating the Final Individual Expected Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Expected Normal Yield, the actual yield will be cushioned and replaced by 70 percent of the Final Individual Expected Normal Yield for that crop for that year. The cushioned yield will be used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 1 contract

Samples: Hay Insuring Agreement

Cushioning. ‌ Cushioning has the effect of stabilizing Coverage by reducing year-to-year fluctuations. Unusually low yield records will be are adjusted upward for the purposes of calculating the Final Individual Normal Yield for a crop. When a crop yield is less than 70 percent of the Final Individual Normal Yield, the actual yield will be is cushioned and replaced by 70 percent of the Final Individual Normal Yield for that crop for that year. The cushioned yield will be is used to set future Coverage whereas the actual yield is used to calculate an Indemnity.

Appears in 1 contract

Samples: Pulse Crops Insuring Agreement

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