Percent of Normal Moisture definition

Percent of Normal Moisture means, for the Selected Weather Station(s) for the current year, the sum of the May Moisture, Xxxx Xxxxxxxx, July Moisture, and Xxxxxx Xxxxxxxx, expressed as a percent of their respective Normal Moisture, with each Period of Moisture weighted by the Weighting Option elected by the Insured. “Period of Moisture” is the period for which moisture is measured for this insurance program.
Percent of Normal Moisture means, for the Selected Weather Station(s) for the current year, the sum of the May Moisture, June Moisture, July Moisture and August Moisture, and expressed as a percent of their respective Normal Moisture, with each period of moisture weighted by the Weighting Option elected by the Insured.

Examples of Percent of Normal Moisture in a sentence

  • The Payment Rate for the Selected Weather Station(s) will be zero when the Percent of Normal Moisture is equal to or more than the Threshold Moisture.

  • For each 2% decrease that the Percent of Normal Moisture is below the Threshold Moisture, the Payment Rate will increase by 5% of the insured Dollar Coverage.

  • For each two percent decrease that the Percent of Normal Moisture is below the Threshold Moisture, the Payment Rate will increase by five percent.

  • AFSC will indemnify the Insured when the Percent of Normal Moisture is less than the Threshold Moisture at the Selected Weather Station(s) for the Insured’s dryland Hay pursuant to this Insuring Agreement.

  • The Payment Rate for the Selected Weather Station(s) will be zero when the Percent of Normal Moisture is greater than or equal to 80 percent.

  • Where the Percent of Normal Moisture is below 80 percent, the Payment Rate will be based on the Payment Rate schedule published by AFSC at the time of Election.

  • For each 2 percent decrease that the Percent of Normal Moisture is below the Threshold Moisture, the Payment Rate will increase by 5 percent.

Related to Percent of Normal Moisture

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