Common use of Production Shortfall Indemnity Clause in Contracts

Production Shortfall Indemnity. Agricorp will pay a production shortfall indemnity where, as a result of an insured peril, harvested production is less than guaranteed production. The amount of indemnity payable will be determined in accordance with the provisions of this Part and any applicable Production Insurance Documents including, but not limited to, all limitations on insurable acreage or insurable crops, deductibles, and any other restriction on the amount payable, and on the basis of the applicable coverage level.

Production Shortfall Indemnity. Agricorp will pay a production shortfall indemnity to an Insured where, as a result of an insured peril, harvested production is less than guaranteed production. The amount of indemnity payable will be determined in accordance with the provisions of this Part and any applicable Production Insurance Documents the Contract including, but not limited to, all limitations on insurable acreage or insurable crops, deductibles, and any other restriction on the amount payable, and on the basis of the applicable coverage level.

Production Shortfall Indemnity. Agricorp will pay a production shortfall indemnity where, as a result of an insured peril, harvested production is less than guaranteed production. The amount of indemnity payable will be determined in accordance with the provisions of this Part and any applicable Production Insurance Documents the Contract including, but not limited to, all limitations on insurable acreage or insurable crops, deductibles, and any other restriction on the amount payable, and on the basis of the applicable coverage level.

Production Shortfall Indemnity. Agricorp will pay a production shortfall indemnity where, as a result of an insured peril, harvested production is less than the guaranteed production. The amount of indemnity payable will be determined in accordance with the provisions of this Part and any applicable Production Insurance Documents the Contract including, but not limited to, all limitations on insurable acreage or insurable crops, deductibles, and any other restriction on the amount payable, and on the basis of the applicable coverage level.